Dollarama (Germany) Technical Analysis
| DR3 Stock | EUR 89.14 0.22 0.25% |
As of the 21st of January, Dollarama shows the Standard Deviation of 1.4, mean deviation of 0.9162, and Variance of 1.96. Dollarama technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Dollarama treynor ratio, value at risk, and the relationship between the information ratio and maximum drawdown to decide if Dollarama is priced favorably, providing market reflects its regular price of 89.14 per share.
Dollarama Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Dollarama, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DollaramaDollarama |
Dollarama 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.
Dollarama Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Dollarama volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Dollarama Trend Analysis
Use this graph to draw trend lines for Dollarama. You can use it to identify possible trend reversals for Dollarama 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 Dollarama price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Dollarama Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Dollarama applied against its price change over selected period. The best fit line has a slop of 0.11 , which may suggest that Dollarama market price will keep on failing further. It has 122 observation points and a regression sum of squares at 473.01, which is the sum of squared deviations for the predicted Dollarama price change compared to its average price change.About Dollarama 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 Dollarama 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 Dollarama based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Dollarama price pattern first instead of the macroeconomic environment surrounding Dollarama. By analyzing Dollarama'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 Dollarama'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 Dollarama specific price patterns or momentum indicators. Please read more on our technical analysis page.
Dollarama January 21, 2025 Technical Indicators
Most technical analysis of Dollarama 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 Dollarama from various momentum indicators to cycle indicators. When you analyze Dollarama 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 | (0.05) | |||
| Market Risk Adjusted Performance | (2.13) | |||
| Mean Deviation | 0.9162 | |||
| Coefficient Of Variation | (1,511) | |||
| Standard Deviation | 1.4 | |||
| Variance | 1.96 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (2.14) | |||
| Maximum Drawdown | 8.29 | |||
| Value At Risk | (2.42) | |||
| Potential Upside | 2.49 | |||
| Skewness | (0.24) | |||
| Kurtosis | 2.38 |
Complementary Tools for Dollarama Stock analysis
When running Dollarama's price analysis, check to measure Dollarama'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 Dollarama is operating at the current time. Most of Dollarama's value examination focuses on studying past and present price action to predict the probability of Dollarama's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dollarama's price. Additionally, you may evaluate how the addition of Dollarama to your portfolios can decrease your overall portfolio volatility.
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