Trip Group (Germany) Technical Analysis

CLV Stock  EUR 61.20  0.40  0.66%   
As of the 26th of November, Trip Group has the Risk Adjusted Performance of 0.1657, semi deviation of 2.62, and Coefficient Of Variation of 484.76. Trip Group technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. Please validate Trip Group Limited coefficient of variation, jensen alpha, potential upside, as well as the relationship between the variance and maximum drawdown to decide if Trip Group is priced more or less accurately, providing market reflects its prevalent price of 61.2 per share.

Trip Group Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Trip, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Trip
  
Trip Group's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Trip Group 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.
A focus of Trip Group technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Trip Group trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Trip Group Limited Technical Analysis

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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 Trip Group Limited volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Trip Group Limited Trend Analysis

Use this graph to draw trend lines for Trip Group Limited. You can use it to identify possible trend reversals for Trip Group 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 Trip Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Trip Group Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Trip Group Limited applied against its price change over selected period. The best fit line has a slop of   0.35  , which means Trip Group Limited will continue generating value for investors. It has 122 observation points and a regression sum of squares at 4708.29, which is the sum of squared deviations for the predicted Trip Group price change compared to its average price change.

About Trip Group 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 Trip Group 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 Trip Group Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Trip Group Limited price pattern first instead of the macroeconomic environment surrounding Trip Group Limited. By analyzing Trip Group'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 Trip Group'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 Trip Group specific price patterns or momentum indicators. Please read more on our technical analysis page.

Trip Group November 26, 2024 Technical Indicators

Most technical analysis of Trip 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 Trip from various momentum indicators to cycle indicators. When you analyze Trip 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.

Complementary Tools for Trip Stock analysis

When running Trip Group's price analysis, check to measure Trip Group'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 Trip Group is operating at the current time. Most of Trip Group's value examination focuses on studying past and present price action to predict the probability of Trip Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trip Group's price. Additionally, you may evaluate how the addition of Trip Group to your portfolios can decrease your overall portfolio volatility.
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