Heidelberg Materials (Germany) Technical Analysis
HEI Stock | EUR 123.60 1.05 0.86% |
As of the 12th of December 2024, Heidelberg Materials retains the Market Risk Adjusted Performance of 0.5447, risk adjusted performance of 0.2314, and Downside Deviation of 1.17. Heidelberg Materials technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Heidelberg Materials downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Heidelberg Materials is priced fairly, providing market reflects its last-minute price of 123.6 per share.
Heidelberg Materials Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Heidelberg, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HeidelbergHeidelberg |
Heidelberg Materials 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.
Heidelberg Materials Technical Analysis
The output start index for this execution was fourty-two with a total number of output elements of nineteen. 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 Heidelberg Materials volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Heidelberg Materials Trend Analysis
Use this graph to draw trend lines for Heidelberg Materials AG. You can use it to identify possible trend reversals for Heidelberg Materials 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 Heidelberg Materials price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Heidelberg Materials Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Heidelberg Materials AG applied against its price change over selected period. The best fit line has a slop of 0.53 , which means Heidelberg Materials AG will continue generating value for investors. It has 122 observation points and a regression sum of squares at 10745.53, which is the sum of squared deviations for the predicted Heidelberg Materials price change compared to its average price change.About Heidelberg Materials 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 Heidelberg Materials AG 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 Heidelberg Materials AG based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Heidelberg Materials price pattern first instead of the macroeconomic environment surrounding Heidelberg Materials. By analyzing Heidelberg Materials'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 Heidelberg Materials'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 Heidelberg Materials specific price patterns or momentum indicators. Please read more on our technical analysis page.
Heidelberg Materials December 12, 2024 Technical Indicators
Most technical analysis of Heidelberg 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 Heidelberg from various momentum indicators to cycle indicators. When you analyze Heidelberg 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 | 0.2314 | |||
Market Risk Adjusted Performance | 0.5447 | |||
Mean Deviation | 1.17 | |||
Semi Deviation | 0.5882 | |||
Downside Deviation | 1.17 | |||
Coefficient Of Variation | 319.55 | |||
Standard Deviation | 1.56 | |||
Variance | 2.42 | |||
Information Ratio | 0.233 | |||
Jensen Alpha | 0.375 | |||
Total Risk Alpha | 0.2305 | |||
Sortino Ratio | 0.3104 | |||
Treynor Ratio | 0.5347 | |||
Maximum Drawdown | 8.93 | |||
Value At Risk | (1.57) | |||
Potential Upside | 3.29 | |||
Downside Variance | 1.37 | |||
Semi Variance | 0.346 | |||
Expected Short fall | (1.39) | |||
Skewness | 0.8783 | |||
Kurtosis | 1.64 |
Complementary Tools for Heidelberg Stock analysis
When running Heidelberg Materials' price analysis, check to measure Heidelberg Materials' 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 Heidelberg Materials is operating at the current time. Most of Heidelberg Materials' value examination focuses on studying past and present price action to predict the probability of Heidelberg Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Heidelberg Materials' price. Additionally, you may evaluate how the addition of Heidelberg Materials to your portfolios can decrease your overall portfolio volatility.
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