Eni Spa Adr Stock Technical Analysis
| E Stock | USD 29.01 0.12 0.42% |
As of the 25th of November, Eni SPA shows the Variance of 1.51, mean deviation of 0.9568, and Standard Deviation of 1.23. Eni SpA ADR 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 Eni SpA ADR information ratio, as well as the relationship between the value at risk and kurtosis to decide if Eni SpA ADR is priced favorably, providing market reflects its regular price of 29.01 per share. Given that Eni SPA has information ratio of (0.18), we urge you to verify Eni SpA ADR's prevailing market performance to make sure the company can sustain itself at a future point.
Eni SPA Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Eni, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EniEni |
Eni SPA Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 37.5 | Buy | 3 | Odds |
Most Eni analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Eni stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Eni SpA ADR, talking to its executives and customers, or listening to Eni conference calls.
Eni SPA 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.
Eni SpA ADR Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 Eni SpA ADR volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Eni SpA ADR Trend Analysis
Use this graph to draw trend lines for Eni SpA ADR. You can use it to identify possible trend reversals for Eni SPA 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 Eni SPA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Eni SPA Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Eni SpA ADR applied against its price change over selected period. The best fit line has a slop of 0.02 , which may imply that the price for Eni SpA ADR will drop even more. It has 122 observation points and a regression sum of squares at 19.15, which is the sum of squared deviations for the predicted Eni SPA price change compared to its average price change.About Eni SPA 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 Eni SpA ADR 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 Eni SpA ADR based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Eni SpA ADR price pattern first instead of the macroeconomic environment surrounding Eni SpA ADR. By analyzing Eni SPA'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 Eni SPA'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 Eni SPA specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2024 (projected) | Dividend Yield | 0.0541 | 0.065 | 0.0424 | Price To Sales Ratio | 0.57 | 0.35 | 0.96 |
Eni SPA November 25, 2024 Technical Indicators
Most technical analysis of Eni 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 Eni from various momentum indicators to cycle indicators. When you analyze Eni 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 | (0.64) | |||
| Mean Deviation | 0.9568 | |||
| Coefficient Of Variation | (1,362) | |||
| Standard Deviation | 1.23 | |||
| Variance | 1.51 | |||
| Information Ratio | (0.18) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.65) | |||
| Maximum Drawdown | 5.15 | |||
| Value At Risk | (2.34) | |||
| Potential Upside | 1.63 | |||
| Skewness | (0.66) | |||
| Kurtosis | 0.0036 |
Complementary Tools for Eni Stock analysis
When running Eni SPA's price analysis, check to measure Eni SPA'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 Eni SPA is operating at the current time. Most of Eni SPA's value examination focuses on studying past and present price action to predict the probability of Eni SPA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eni SPA's price. Additionally, you may evaluate how the addition of Eni SPA to your portfolios can decrease your overall portfolio volatility.
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