Leonardo Spa Stock Technical Analysis
FINMF Stock | USD 27.54 0.85 3.18% |
As of the 1st of December, Leonardo Spa secures the Mean Deviation of 2.96, downside deviation of 4.32, and Risk Adjusted Performance of 0.0561. Leonardo Spa technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Please verify Leonardo Spa jensen alpha, as well as the relationship between the potential upside and skewness to decide if Leonardo Spa is priced some-what accurately, providing market reflects its recent price of 27.54 per share. Given that Leonardo Spa has jensen alpha of 0.0382, we recommend you to check Leonardo Spa's last-minute market performance to make sure the company can sustain itself at a future point.
Leonardo 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 Leonardo, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to LeonardoLeonardo |
Leonardo Spa technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Leonardo Spa Technical Analysis
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 Leonardo Spa volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Leonardo Spa Trend Analysis
Use this graph to draw trend lines for Leonardo Spa. You can use it to identify possible trend reversals for Leonardo 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 Leonardo Spa price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Leonardo Spa Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Leonardo Spa applied against its price change over selected period. The best fit line has a slop of 0.08 , which means Leonardo Spa will continue generating value for investors. It has 122 observation points and a regression sum of squares at 221.24, which is the sum of squared deviations for the predicted Leonardo Spa price change compared to its average price change.About Leonardo 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 Leonardo Spa 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 Leonardo Spa based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Leonardo Spa price pattern first instead of the macroeconomic environment surrounding Leonardo Spa. By analyzing Leonardo 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 Leonardo 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 Leonardo Spa specific price patterns or momentum indicators. Please read more on our technical analysis page.
Leonardo Spa December 1, 2024 Technical Indicators
Most technical analysis of Leonardo 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 Leonardo from various momentum indicators to cycle indicators. When you analyze Leonardo 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 | 0.0561 | |||
Market Risk Adjusted Performance | 0.1614 | |||
Mean Deviation | 2.96 | |||
Semi Deviation | 3.44 | |||
Downside Deviation | 4.32 | |||
Coefficient Of Variation | 1591.12 | |||
Standard Deviation | 4.03 | |||
Variance | 16.21 | |||
Information Ratio | 0.0287 | |||
Jensen Alpha | 0.0382 | |||
Total Risk Alpha | (0.43) | |||
Sortino Ratio | 0.0267 | |||
Treynor Ratio | 0.1514 | |||
Maximum Drawdown | 17.24 | |||
Value At Risk | (5.95) | |||
Potential Upside | 7.3 | |||
Downside Variance | 18.69 | |||
Semi Variance | 11.87 | |||
Expected Short fall | (3.75) | |||
Skewness | 0.186 | |||
Kurtosis | (0.03) |
Complementary Tools for Leonardo Pink Sheet analysis
When running Leonardo Spa's price analysis, check to measure Leonardo 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 Leonardo Spa is operating at the current time. Most of Leonardo Spa's value examination focuses on studying past and present price action to predict the probability of Leonardo 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 Leonardo Spa's price. Additionally, you may evaluate how the addition of Leonardo Spa to your portfolios can decrease your overall portfolio volatility.
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