Coloplast A/S (Germany) Technical Analysis
| CBHD Stock | 118.20 3.20 2.64% |
As of the 2nd of December, Coloplast A/S shows the Mean Deviation of 1.11, risk adjusted performance of (0.02), and Standard Deviation of 1.62. Coloplast A/S 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 Coloplast A/S treynor ratio, value at risk, and the relationship between the information ratio and maximum drawdown to decide if Coloplast A/S is priced correctly, providing market reflects its regular price of 118.2 per share.
Coloplast A/S Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Coloplast, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ColoplastColoplast |
Coloplast A/S 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.
Coloplast A/S Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Coloplast A/S volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Coloplast A/S Trend Analysis
Use this graph to draw trend lines for Coloplast AS. You can use it to identify possible trend reversals for Coloplast A/S 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 Coloplast A/S price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Coloplast A/S Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Coloplast AS applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that Coloplast AS market price will keep on failing further. It has 122 observation points and a regression sum of squares at 16.72, which is the sum of squared deviations for the predicted Coloplast A/S price change compared to its average price change.About Coloplast A/S 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 Coloplast AS 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 Coloplast AS based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Coloplast A/S price pattern first instead of the macroeconomic environment surrounding Coloplast A/S. By analyzing Coloplast A/S'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 Coloplast A/S'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 Coloplast A/S specific price patterns or momentum indicators. Please read more on our technical analysis page.
Coloplast A/S December 2, 2024 Technical Indicators
Most technical analysis of Coloplast 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 Coloplast from various momentum indicators to cycle indicators. When you analyze Coloplast 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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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.78) | |||
| Mean Deviation | 1.11 | |||
| Coefficient Of Variation | (2,713) | |||
| Standard Deviation | 1.62 | |||
| Variance | 2.61 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (0.79) | |||
| Maximum Drawdown | 8.41 | |||
| Value At Risk | (3.23) | |||
| Potential Upside | 2.49 | |||
| Skewness | (1.10) | |||
| Kurtosis | 2.45 |
Complementary Tools for Coloplast Stock analysis
When running Coloplast A/S's price analysis, check to measure Coloplast A/S'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 Coloplast A/S is operating at the current time. Most of Coloplast A/S's value examination focuses on studying past and present price action to predict the probability of Coloplast A/S's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coloplast A/S's price. Additionally, you may evaluate how the addition of Coloplast A/S to your portfolios can decrease your overall portfolio volatility.
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