Meritage Homes (Germany) Technical Analysis
| MEY Stock | EUR 74.00 2.00 2.78% |
As of the 16th of January 2025, Meritage Homes secures the Standard Deviation of 2.16, mean deviation of 1.62, and Risk Adjusted Performance of (0.09). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Meritage Homes, as well as the relationship between them. Please verify Meritage Homes coefficient of variation, treynor ratio, skewness, as well as the relationship between the variance and value at risk to decide if Meritage Homes is priced some-what accurately, providing market reflects its recent price of 74.0 per share.
Meritage Homes Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Meritage, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MeritageMeritage |
Meritage Homes 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.
Meritage Homes Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-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 Meritage Homes volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Meritage Homes Trend Analysis
Use this graph to draw trend lines for Meritage Homes. You can use it to identify possible trend reversals for Meritage Homes 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 Meritage Homes price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Meritage Homes Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Meritage Homes applied against its price change over selected period. The best fit line has a slop of 0.26 , which may suggest that Meritage Homes market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2542.57, which is the sum of squared deviations for the predicted Meritage Homes price change compared to its average price change.About Meritage Homes 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 Meritage Homes 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 Meritage Homes based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Meritage Homes price pattern first instead of the macroeconomic environment surrounding Meritage Homes. By analyzing Meritage Homes'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 Meritage Homes'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 Meritage Homes specific price patterns or momentum indicators. Please read more on our technical analysis page.
Meritage Homes January 16, 2025 Technical Indicators
Most technical analysis of Meritage 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 Meritage from various momentum indicators to cycle indicators. When you analyze Meritage 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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| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.09) | |||
| Market Risk Adjusted Performance | (9.44) | |||
| Mean Deviation | 1.62 | |||
| Coefficient Of Variation | (899.25) | |||
| Standard Deviation | 2.16 | |||
| Variance | 4.68 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (9.45) | |||
| Maximum Drawdown | 10.39 | |||
| Value At Risk | (5.06) | |||
| Potential Upside | 2.97 | |||
| Skewness | (0.34) | |||
| Kurtosis | 0.5683 |
Complementary Tools for Meritage Stock analysis
When running Meritage Homes' price analysis, check to measure Meritage Homes' 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 Meritage Homes is operating at the current time. Most of Meritage Homes' value examination focuses on studying past and present price action to predict the probability of Meritage Homes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meritage Homes' price. Additionally, you may evaluate how the addition of Meritage Homes to your portfolios can decrease your overall portfolio volatility.
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