BYD Company (Germany) Technical Analysis
| BY6 Stock | EUR 32.02 0.27 0.85% |
As of the 26th of November, BYD Company shows the Downside Deviation of 2.72, risk adjusted performance of 0.1058, and Mean Deviation of 1.88. BYD Limited 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 BYD Limited mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if BYD Limited is priced favorably, providing market reflects its regular price of 32.02 per share.
BYD Company Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as BYD, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BYDBYD |
BYD Company 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.
BYD Limited Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 BYD Limited volatility. High ATR values indicate high volatility, and low values indicate low volatility.
BYD Limited Trend Analysis
Use this graph to draw trend lines for BYD Company Limited. You can use it to identify possible trend reversals for BYD Company 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 BYD Company price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.BYD Company Best Fit Change Line
The following chart estimates an ordinary least squares regression model for BYD Company Limited applied against its price change over selected period. The best fit line has a slop of 0.10 , which means BYD Company Limited will continue generating value for investors. It has 122 observation points and a regression sum of squares at 394.21, which is the sum of squared deviations for the predicted BYD Company price change compared to its average price change.About BYD Company 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 BYD Company 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 BYD Company Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on BYD Limited price pattern first instead of the macroeconomic environment surrounding BYD Limited. By analyzing BYD Company'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 BYD Company'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 BYD Company specific price patterns or momentum indicators. Please read more on our technical analysis page.
BYD Company November 26, 2024 Technical Indicators
Most technical analysis of BYD 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 BYD from various momentum indicators to cycle indicators. When you analyze BYD 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 | 0.1058 | |||
| Market Risk Adjusted Performance | (2.00) | |||
| Mean Deviation | 1.88 | |||
| Semi Deviation | 2.38 | |||
| Downside Deviation | 2.72 | |||
| Coefficient Of Variation | 774.88 | |||
| Standard Deviation | 2.68 | |||
| Variance | 7.2 | |||
| Information Ratio | 0.0811 | |||
| Jensen Alpha | 0.3562 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0802 | |||
| Treynor Ratio | (2.01) | |||
| Maximum Drawdown | 16.57 | |||
| Value At Risk | (3.49) | |||
| Potential Upside | 5.46 | |||
| Downside Variance | 7.38 | |||
| Semi Variance | 5.68 | |||
| Expected Short fall | (1.99) | |||
| Skewness | (0.28) | |||
| Kurtosis | 2.42 |
Complementary Tools for BYD Stock analysis
When running BYD Company's price analysis, check to measure BYD Company'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 BYD Company is operating at the current time. Most of BYD Company's value examination focuses on studying past and present price action to predict the probability of BYD Company's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BYD Company's price. Additionally, you may evaluate how the addition of BYD Company to your portfolios can decrease your overall portfolio volatility.
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