Evogene Stock Technical Analysis
| EVGN Stock | USD 1.57 0.02 1.29% |
As of the 1st of February, Evogene shows the Variance of 26.07, mean deviation of 3.75, and Standard Deviation of 5.11. Evogene 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.
Evogene Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Evogene, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EvogeneEvogene |
Evogene 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.
Evogene 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 Evogene volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Evogene Trend Analysis
Use this graph to draw trend lines for Evogene. You can use it to identify possible trend reversals for Evogene 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 Evogene price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Evogene Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Evogene applied against its price change over selected period. The best fit line has a slop of 0.0028 , which may suggest that Evogene market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.29, which is the sum of squared deviations for the predicted Evogene price change compared to its average price change.About Evogene 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 Evogene 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 Evogene based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Evogene price pattern first instead of the macroeconomic environment surrounding Evogene. By analyzing Evogene'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 Evogene'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 Evogene specific price patterns or momentum indicators. Please read more on our technical analysis page.
Evogene February 1, 2025 Technical Indicators
Most technical analysis of Evogene 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 Evogene from various momentum indicators to cycle indicators. When you analyze Evogene 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 | (2.69) | |||
| Mean Deviation | 3.75 | |||
| Coefficient Of Variation | (1,481) | |||
| Standard Deviation | 5.11 | |||
| Variance | 26.07 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (0.77) | |||
| Treynor Ratio | (2.70) | |||
| Maximum Drawdown | 23.77 | |||
| Value At Risk | (6.02) | |||
| Potential Upside | 10.56 | |||
| Skewness | 1.45 | |||
| Kurtosis | 2.56 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evogene. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. To learn how to invest in Evogene Stock, please use our How to Invest in Evogene guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Evogene. If investors know Evogene will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Evogene listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Evogene is measured differently than its book value, which is the value of Evogene that is recorded on the company's balance sheet. Investors also form their own opinion of Evogene's value that differs from its market value or its book value, called intrinsic value, which is Evogene's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Evogene's market value can be influenced by many factors that don't directly affect Evogene's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Evogene's value and its price as these two are different measures arrived at by different means. Investors typically determine if Evogene is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evogene's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.