Signify NV (Netherlands) Technical Analysis
LIGHT Stock | EUR 21.18 0.18 0.86% |
As of the 30th of November, Signify NV has the Risk Adjusted Performance of (0.01), coefficient of variation of (4,331), and Variance of 4.81. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Signify NV, as well as the relationship between them.
Signify NV Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Signify, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SignifySignify |
Signify NV 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.
Signify NV Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Signify NV volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Signify NV Trend Analysis
Use this graph to draw trend lines for Signify NV. You can use it to identify possible trend reversals for Signify NV 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 Signify NV price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Signify NV Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Signify NV applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Signify NV will continue generating value for investors. It has 122 observation points and a regression sum of squares at 9.19, which is the sum of squared deviations for the predicted Signify NV price change compared to its average price change.About Signify NV 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 Signify NV 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 Signify NV based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Signify NV price pattern first instead of the macroeconomic environment surrounding Signify NV. By analyzing Signify NV'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 Signify NV'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 Signify NV specific price patterns or momentum indicators. Please read more on our technical analysis page.
Signify NV November 30, 2024 Technical Indicators
Most technical analysis of Signify 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 Signify from various momentum indicators to cycle indicators. When you analyze Signify 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 | (0.01) | |||
Market Risk Adjusted Performance | 0.3666 | |||
Mean Deviation | 1.57 | |||
Coefficient Of Variation | (4,331) | |||
Standard Deviation | 2.19 | |||
Variance | 4.81 | |||
Information Ratio | (0.09) | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.43) | |||
Treynor Ratio | 0.3566 | |||
Maximum Drawdown | 14.81 | |||
Value At Risk | (3.54) | |||
Potential Upside | 2.52 | |||
Skewness | 1.15 | |||
Kurtosis | 5.77 |
Complementary Tools for Signify Stock analysis
When running Signify NV's price analysis, check to measure Signify NV'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 Signify NV is operating at the current time. Most of Signify NV's value examination focuses on studying past and present price action to predict the probability of Signify NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Signify NV's price. Additionally, you may evaluate how the addition of Signify NV to your portfolios can decrease your overall portfolio volatility.
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