Mendus AB (Sweden) Technical Analysis
| IMMU Stock | SEK 8.32 0.15 1.77% |
As of the 23rd of November, Mendus AB secures the Risk Adjusted Performance of 0.036, mean deviation of 2.34, and Downside Deviation of 2.98. Mendus AB 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.
Mendus AB Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Mendus, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MendusMendus |
Mendus AB 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.
Mendus AB 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 Mendus AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Mendus AB Trend Analysis
Use this graph to draw trend lines for Mendus AB. You can use it to identify possible trend reversals for Mendus AB 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 Mendus AB price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Mendus AB Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Mendus AB applied against its price change over selected period. The best fit line has a slop of 0.03 , which means Mendus AB will continue generating value for investors. It has 122 observation points and a regression sum of squares at 29.54, which is the sum of squared deviations for the predicted Mendus AB price change compared to its average price change.About Mendus AB 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 Mendus AB 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 Mendus AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Mendus AB price pattern first instead of the macroeconomic environment surrounding Mendus AB. By analyzing Mendus AB'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 Mendus AB'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 Mendus AB specific price patterns or momentum indicators. Please read more on our technical analysis page.
Mendus AB November 23, 2024 Technical Indicators
Most technical analysis of Mendus 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 Mendus from various momentum indicators to cycle indicators. When you analyze Mendus 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 | 0.036 | |||
| Market Risk Adjusted Performance | 1.62 | |||
| Mean Deviation | 2.34 | |||
| Semi Deviation | 2.56 | |||
| Downside Deviation | 2.98 | |||
| Coefficient Of Variation | 2758.97 | |||
| Standard Deviation | 4.24 | |||
| Variance | 17.99 | |||
| Information Ratio | 0.0054 | |||
| Jensen Alpha | 0.133 | |||
| Total Risk Alpha | (0.52) | |||
| Sortino Ratio | 0.0077 | |||
| Treynor Ratio | 1.61 | |||
| Maximum Drawdown | 35.21 | |||
| Value At Risk | (5.04) | |||
| Potential Upside | 3.94 | |||
| Downside Variance | 8.89 | |||
| Semi Variance | 6.57 | |||
| Expected Short fall | (3.25) | |||
| Skewness | 3.75 | |||
| Kurtosis | 24.12 |
Additional Tools for Mendus Stock Analysis
When running Mendus AB's price analysis, check to measure Mendus AB'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 Mendus AB is operating at the current time. Most of Mendus AB's value examination focuses on studying past and present price action to predict the probability of Mendus AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mendus AB's price. Additionally, you may evaluate how the addition of Mendus AB to your portfolios can decrease your overall portfolio volatility.