Biotalys (Belgium) Technical Analysis
| BTLS Stock | 2.84 0.05 1.73% |
As of the 3rd of December, Biotalys shows the Mean Deviation of 1.3, risk adjusted performance of (0.02), and Standard Deviation of 1.78. Biotalys NV 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 Biotalys NV information ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk to decide if Biotalys NV is priced correctly, providing market reflects its regular price of 2.84 per share.
Biotalys Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Biotalys, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BiotalysBiotalys |
Biotalys 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.
Biotalys NV Technical Analysis
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. 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 Biotalys NV volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Biotalys NV Trend Analysis
Use this graph to draw trend lines for Biotalys NV. You can use it to identify possible trend reversals for Biotalys 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 Biotalys price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Biotalys Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Biotalys NV applied against its price change over selected period. The best fit line has a slop of 0.0036 , which may suggest that Biotalys NV market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.5, which is the sum of squared deviations for the predicted Biotalys price change compared to its average price change.About Biotalys 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 Biotalys NV 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 Biotalys NV based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Biotalys NV price pattern first instead of the macroeconomic environment surrounding Biotalys NV. By analyzing Biotalys'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 Biotalys'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 Biotalys specific price patterns or momentum indicators. Please read more on our technical analysis page.
Biotalys December 3, 2024 Technical Indicators
Most technical analysis of Biotalys 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 Biotalys from various momentum indicators to cycle indicators. When you analyze Biotalys 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.
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| Volume Indicators |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.08) | |||
| Mean Deviation | 1.3 | |||
| Coefficient Of Variation | (3,112) | |||
| Standard Deviation | 1.78 | |||
| Variance | 3.18 | |||
| Information Ratio | (0.10) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (0.09) | |||
| Maximum Drawdown | 11.09 | |||
| Value At Risk | (2.28) | |||
| Potential Upside | 3.69 | |||
| Skewness | 0.8958 | |||
| Kurtosis | 2.49 |
Additional Tools for Biotalys Stock Analysis
When running Biotalys' price analysis, check to measure Biotalys' 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 Biotalys is operating at the current time. Most of Biotalys' value examination focuses on studying past and present price action to predict the probability of Biotalys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biotalys' price. Additionally, you may evaluate how the addition of Biotalys to your portfolios can decrease your overall portfolio volatility.