Hermes International Sca Stock Technical Analysis

HESAF Stock  USD 2,142  4.03  0.19%   
As of the 27th of November, Hermes International retains the Market Risk Adjusted Performance of 14.07, risk adjusted performance of (0.06), and Standard Deviation of 2.26. Hermes International 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 Hermes International SCA standard deviation, as well as the relationship between the treynor ratio and potential upside to decide if Hermes International is priced fairly, providing market reflects its last-minute price of 2142.37 per share. Given that Hermes International SCA has information ratio of (0.14), we strongly advise you to confirm Hermes International SCA's regular market performance to make sure the company can sustain itself at a future point.

Hermes International Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Hermes, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Hermes
  
Hermes International's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Hermes International 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.
A focus of Hermes International technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hermes International trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Hermes International SCA Technical Analysis

Indicator
Time Period
Execute Indicator
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 Hermes International SCA volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Hermes International SCA Trend Analysis

Use this graph to draw trend lines for Hermes International SCA. You can use it to identify possible trend reversals for Hermes International 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 Hermes International price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Hermes International Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Hermes International SCA applied against its price change over selected period. The best fit line has a slop of   1.09  , which may suggest that Hermes International SCA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 45265.69, which is the sum of squared deviations for the predicted Hermes International price change compared to its average price change.

About Hermes International 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 Hermes International SCA 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 Hermes International SCA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Hermes International SCA price pattern first instead of the macroeconomic environment surrounding Hermes International SCA. By analyzing Hermes International'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 Hermes International'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 Hermes International specific price patterns or momentum indicators. Please read more on our technical analysis page.

Hermes International November 27, 2024 Technical Indicators

Most technical analysis of Hermes 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 Hermes from various momentum indicators to cycle indicators. When you analyze Hermes 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.

Hermes International November 27, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Hermes stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Complementary Tools for Hermes Pink Sheet analysis

When running Hermes International's price analysis, check to measure Hermes International'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 Hermes International is operating at the current time. Most of Hermes International's value examination focuses on studying past and present price action to predict the probability of Hermes International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hermes International's price. Additionally, you may evaluate how the addition of Hermes International to your portfolios can decrease your overall portfolio volatility.
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes