BlueScope Steel (Germany) Technical Analysis
| BH5 Stock | EUR 12.80 0.10 0.78% |
As of the 23rd of November, BlueScope Steel shows the Downside Deviation of 2.11, mean deviation of 1.62, and Risk Adjusted Performance of 0.0542. BlueScope Steel technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm BlueScope Steel information ratio, treynor ratio, value at risk, as well as the relationship between the jensen alpha and maximum drawdown to decide if BlueScope Steel is priced correctly, providing market reflects its regular price of 12.8 per share.
BlueScope Steel Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as BlueScope, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BlueScopeBlueScope |
BlueScope Steel technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
BlueScope Steel Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of BlueScope Steel volatility. High ATR values indicate high volatility, and low values indicate low volatility.
BlueScope Steel Trend Analysis
Use this graph to draw trend lines for BlueScope Steel Limited. You can use it to identify possible trend reversals for BlueScope Steel as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual BlueScope Steel price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.BlueScope Steel Best Fit Change Line
The following chart estimates an ordinary least squares regression model for BlueScope Steel Limited applied against its price change over selected period. The best fit line has a slop of 0.02 , which means BlueScope Steel Limited will continue generating value for investors. It has 122 observation points and a regression sum of squares at 9.43, which is the sum of squared deviations for the predicted BlueScope Steel price change compared to its average price change.About BlueScope Steel Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of BlueScope Steel Limited on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of BlueScope Steel Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on BlueScope Steel price pattern first instead of the macroeconomic environment surrounding BlueScope Steel. By analyzing BlueScope Steel's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of BlueScope Steel's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to BlueScope Steel specific price patterns or momentum indicators. Please read more on our technical analysis page.
BlueScope Steel November 23, 2024 Technical Indicators
Most technical analysis of BlueScope help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for BlueScope from various momentum indicators to cycle indicators. When you analyze BlueScope charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0542 | |||
| Market Risk Adjusted Performance | 0.2096 | |||
| Mean Deviation | 1.62 | |||
| Semi Deviation | 1.82 | |||
| Downside Deviation | 2.11 | |||
| Coefficient Of Variation | 1593.94 | |||
| Standard Deviation | 2.11 | |||
| Variance | 4.44 | |||
| Information Ratio | 0.0108 | |||
| Jensen Alpha | 0.0613 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0108 | |||
| Treynor Ratio | 0.1996 | |||
| Maximum Drawdown | 10.66 | |||
| Value At Risk | (3.15) | |||
| Potential Upside | 2.4 | |||
| Downside Variance | 4.45 | |||
| Semi Variance | 3.3 | |||
| Expected Short fall | (1.92) | |||
| Skewness | 0.4736 | |||
| Kurtosis | 1.37 |
Complementary Tools for BlueScope Stock analysis
When running BlueScope Steel's price analysis, check to measure BlueScope Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BlueScope Steel is operating at the current time. Most of BlueScope Steel's value examination focuses on studying past and present price action to predict the probability of BlueScope Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BlueScope Steel's price. Additionally, you may evaluate how the addition of BlueScope Steel to your portfolios can decrease your overall portfolio volatility.
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