SIMS METAL (Germany) Technical Analysis
I8M Stock | EUR 7.85 0.15 1.95% |
As of the 26th of November, SIMS METAL has the coefficient of variation of 976.35, and Risk Adjusted Performance of 0.0851. SIMS METAL technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. Please validate SIMS METAL MGT standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if SIMS METAL is priced adequately, providing market reflects its prevalent price of 7.85 per share.
SIMS METAL Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SIMS, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SIMSSIMS |
SIMS METAL 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.
SIMS METAL MGT 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 SIMS METAL MGT volatility. High ATR values indicate high volatility, and low values indicate low volatility.
SIMS METAL MGT Trend Analysis
Use this graph to draw trend lines for SIMS METAL MGT. You can use it to identify possible trend reversals for SIMS METAL 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 SIMS METAL price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.SIMS METAL Best Fit Change Line
The following chart estimates an ordinary least squares regression model for SIMS METAL MGT applied against its price change over selected period. The best fit line has a slop of 0.02 , which means SIMS METAL MGT will continue generating value for investors. It has 122 observation points and a regression sum of squares at 23.45, which is the sum of squared deviations for the predicted SIMS METAL price change compared to its average price change.About SIMS METAL 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 SIMS METAL MGT 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 SIMS METAL MGT based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on SIMS METAL MGT price pattern first instead of the macroeconomic environment surrounding SIMS METAL MGT. By analyzing SIMS METAL'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 SIMS METAL'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 SIMS METAL specific price patterns or momentum indicators. Please read more on our technical analysis page.
SIMS METAL November 26, 2024 Technical Indicators
Most technical analysis of SIMS 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 SIMS from various momentum indicators to cycle indicators. When you analyze SIMS 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 | 0.0851 | |||
Market Risk Adjusted Performance | 0.2397 | |||
Mean Deviation | 1.81 | |||
Semi Deviation | 2.03 | |||
Downside Deviation | 2.29 | |||
Coefficient Of Variation | 976.35 | |||
Standard Deviation | 2.37 | |||
Variance | 5.63 | |||
Information Ratio | 0.0482 | |||
Jensen Alpha | 0.1127 | |||
Total Risk Alpha | (0.14) | |||
Sortino Ratio | 0.05 | |||
Treynor Ratio | 0.2297 | |||
Maximum Drawdown | 11.97 | |||
Value At Risk | (3.38) | |||
Potential Upside | 4.82 | |||
Downside Variance | 5.22 | |||
Semi Variance | 4.13 | |||
Expected Short fall | (2.00) | |||
Skewness | 0.5654 | |||
Kurtosis | 0.8642 |
Complementary Tools for SIMS Stock analysis
When running SIMS METAL's price analysis, check to measure SIMS METAL'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 SIMS METAL is operating at the current time. Most of SIMS METAL's value examination focuses on studying past and present price action to predict the probability of SIMS METAL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SIMS METAL's price. Additionally, you may evaluate how the addition of SIMS METAL to your portfolios can decrease your overall portfolio volatility.
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