HAMMONIA Schiffsholding (Germany) Technical Analysis
| HHX Stock | EUR 298.00 0.00 0.00% |
As of the 24th of November, HAMMONIA Schiffsholding retains the standard deviation of 1.87, and Coefficient Of Variation of 2080.99. HAMMONIA Schiffsholding 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 entity's future prices. Please check out HAMMONIA Schiffsholding variance, treynor ratio, as well as the relationship between the Treynor Ratio and skewness to decide if HAMMONIA Schiffsholding is priced more or less accurately, providing market reflects its last-minute price of 298.0 per share.
HAMMONIA Schiffsholding Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as HAMMONIA, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HAMMONIAHAMMONIA |
HAMMONIA Schiffsholding 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.
HAMMONIA Schiffsholding Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 HAMMONIA Schiffsholding volatility. High ATR values indicate high volatility, and low values indicate low volatility.
HAMMONIA Schiffsholding Trend Analysis
Use this graph to draw trend lines for HAMMONIA Schiffsholding AG. You can use it to identify possible trend reversals for HAMMONIA Schiffsholding 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 HAMMONIA Schiffsholding price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.HAMMONIA Schiffsholding Best Fit Change Line
The following chart estimates an ordinary least squares regression model for HAMMONIA Schiffsholding AG applied against its price change over selected period. The best fit line has a slop of 0.19 , which may suggest that HAMMONIA Schiffsholding AG market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1341.92, which is the sum of squared deviations for the predicted HAMMONIA Schiffsholding price change compared to its average price change.About HAMMONIA Schiffsholding 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 HAMMONIA Schiffsholding 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 HAMMONIA Schiffsholding AG based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on HAMMONIA Schiffsholding price pattern first instead of the macroeconomic environment surrounding HAMMONIA Schiffsholding. By analyzing HAMMONIA Schiffsholding'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 HAMMONIA Schiffsholding'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 HAMMONIA Schiffsholding specific price patterns or momentum indicators. Please read more on our technical analysis page.
HAMMONIA Schiffsholding November 24, 2024 Technical Indicators
Most technical analysis of HAMMONIA 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 HAMMONIA from various momentum indicators to cycle indicators. When you analyze HAMMONIA 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.
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| Volume Indicators |
| Risk Adjusted Performance | 0.0428 | |||
| Market Risk Adjusted Performance | 0.2048 | |||
| Mean Deviation | 0.62 | |||
| Coefficient Of Variation | 2080.99 | |||
| Standard Deviation | 1.87 | |||
| Variance | 3.5 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | 0.0303 | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | 0.1948 | |||
| Maximum Drawdown | 13.62 | |||
| Skewness | 1.59 | |||
| Kurtosis | 12.24 |
Other Information on Investing in HAMMONIA Stock
HAMMONIA Schiffsholding financial ratios help investors to determine whether HAMMONIA Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in HAMMONIA with respect to the benefits of owning HAMMONIA Schiffsholding security.