KENNAMETAL INC (Germany) Technical Analysis
| KM3 Stock | EUR 27.60 0.20 0.73% |
As of the 26th of November, KENNAMETAL INC secures the risk adjusted performance of 0.1003, and Mean Deviation of 1.45. KENNAMETAL INC 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. Please verify KENNAMETAL INC jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if KENNAMETAL INC is priced fairly, providing market reflects its recent price of 27.6 per share.
KENNAMETAL INC Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as KENNAMETAL, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to KENNAMETALKENNAMETAL |
KENNAMETAL INC 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.
KENNAMETAL INC 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 KENNAMETAL INC volatility. High ATR values indicate high volatility, and low values indicate low volatility.
KENNAMETAL INC Trend Analysis
Use this graph to draw trend lines for KENNAMETAL INC. You can use it to identify possible trend reversals for KENNAMETAL INC 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 KENNAMETAL INC price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.KENNAMETAL INC Best Fit Change Line
The following chart estimates an ordinary least squares regression model for KENNAMETAL INC applied against its price change over selected period. The best fit line has a slop of 0.09 , which means KENNAMETAL INC will continue generating value for investors. It has 122 observation points and a regression sum of squares at 291.63, which is the sum of squared deviations for the predicted KENNAMETAL INC price change compared to its average price change.About KENNAMETAL INC 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 KENNAMETAL INC 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 KENNAMETAL INC based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on KENNAMETAL INC price pattern first instead of the macroeconomic environment surrounding KENNAMETAL INC. By analyzing KENNAMETAL INC'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 KENNAMETAL INC'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 KENNAMETAL INC specific price patterns or momentum indicators. Please read more on our technical analysis page.
KENNAMETAL INC November 26, 2024 Technical Indicators
Most technical analysis of KENNAMETAL 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 KENNAMETAL from various momentum indicators to cycle indicators. When you analyze KENNAMETAL 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 | 0.1003 | |||
| Market Risk Adjusted Performance | 0.7239 | |||
| Mean Deviation | 1.45 | |||
| Semi Deviation | 1.29 | |||
| Downside Deviation | 1.82 | |||
| Coefficient Of Variation | 819.63 | |||
| Standard Deviation | 2.62 | |||
| Variance | 6.86 | |||
| Information Ratio | 0.0729 | |||
| Jensen Alpha | 0.2582 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | 0.1051 | |||
| Treynor Ratio | 0.7139 | |||
| Maximum Drawdown | 23.34 | |||
| Value At Risk | (1.75) | |||
| Potential Upside | 2.67 | |||
| Downside Variance | 3.3 | |||
| Semi Variance | 1.66 | |||
| Expected Short fall | (2.23) | |||
| Skewness | 3.93 | |||
| Kurtosis | 26.01 |
Complementary Tools for KENNAMETAL Stock analysis
When running KENNAMETAL INC's price analysis, check to measure KENNAMETAL INC'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 KENNAMETAL INC is operating at the current time. Most of KENNAMETAL INC's value examination focuses on studying past and present price action to predict the probability of KENNAMETAL INC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KENNAMETAL INC's price. Additionally, you may evaluate how the addition of KENNAMETAL INC to your portfolios can decrease your overall portfolio volatility.
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