Journeo PLC (UK) Technical Analysis
| JNEO Stock | 293.00 6.50 2.17% |
As of the 29th of November, Journeo PLC retains the insignificant Risk Adjusted Performance, standard deviation of 2.35, and Market Risk Adjusted Performance of (0.13). Journeo PLC 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 Journeo PLC coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if Journeo PLC is priced fairly, providing market reflects its last-minute price of 293.0 per share.
Journeo PLC Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Journeo, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to JourneoJourneo |
Journeo PLC 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.
Journeo PLC Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Journeo PLC volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Journeo PLC Trend Analysis
Use this graph to draw trend lines for Journeo PLC. You can use it to identify possible trend reversals for Journeo PLC 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 Journeo PLC price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Journeo PLC Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Journeo PLC applied against its price change over selected period. The best fit line has a slop of 0.04 , which may suggest that Journeo PLC market price will keep on failing further. It has 122 observation points and a regression sum of squares at 59.25, which is the sum of squared deviations for the predicted Journeo PLC price change compared to its average price change.About Journeo PLC 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 Journeo PLC 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 Journeo PLC based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Journeo PLC price pattern first instead of the macroeconomic environment surrounding Journeo PLC. By analyzing Journeo PLC'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 Journeo PLC'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 Journeo PLC specific price patterns or momentum indicators. Please read more on our technical analysis page.
Journeo PLC November 29, 2024 Technical Indicators
Most technical analysis of Journeo 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 Journeo from various momentum indicators to cycle indicators. When you analyze Journeo 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) | |||
| Market Risk Adjusted Performance | (0.13) | |||
| Mean Deviation | 1.67 | |||
| Coefficient Of Variation | (6,951) | |||
| Standard Deviation | 2.35 | |||
| Variance | 5.53 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | (0.14) | |||
| Maximum Drawdown | 10.67 | |||
| Value At Risk | (3.62) | |||
| Potential Upside | 4.17 | |||
| Skewness | 0.6638 | |||
| Kurtosis | 1.24 |
Additional Tools for Journeo Stock Analysis
When running Journeo PLC's price analysis, check to measure Journeo PLC'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 Journeo PLC is operating at the current time. Most of Journeo PLC's value examination focuses on studying past and present price action to predict the probability of Journeo PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Journeo PLC's price. Additionally, you may evaluate how the addition of Journeo PLC to your portfolios can decrease your overall portfolio volatility.