Bank Millennium (Poland) Technical Analysis
| MIL Stock | 9.62 0.02 0.21% |
As of the 19th of January, Bank Millennium shows the Downside Deviation of 1.94, mean deviation of 1.56, and Risk Adjusted Performance of 0.1053. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Bank Millennium, as well as the relationship between them. Please confirm Bank Millennium SA treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Bank Millennium SA is priced correctly, providing market reflects its regular price of 9.62 per share.
Bank Millennium Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Bank, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BankBank |
Bank Millennium 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.
Bank Millennium SA 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 Bank Millennium SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Bank Millennium SA Trend Analysis
Use this graph to draw trend lines for Bank Millennium SA. You can use it to identify possible trend reversals for Bank Millennium 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 Bank Millennium price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Bank Millennium Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Bank Millennium SA applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Bank Millennium SA will continue generating value for investors. It has 122 observation points and a regression sum of squares at 16.99, which is the sum of squared deviations for the predicted Bank Millennium price change compared to its average price change.About Bank Millennium 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 Bank Millennium SA 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 Bank Millennium SA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Bank Millennium SA price pattern first instead of the macroeconomic environment surrounding Bank Millennium SA. By analyzing Bank Millennium'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 Bank Millennium'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 Bank Millennium specific price patterns or momentum indicators. Please read more on our technical analysis page.
Bank Millennium January 19, 2025 Technical Indicators
Most technical analysis of Bank 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 Bank from various momentum indicators to cycle indicators. When you analyze Bank 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 | 0.1053 | |||
| Market Risk Adjusted Performance | (19.59) | |||
| Mean Deviation | 1.56 | |||
| Semi Deviation | 1.66 | |||
| Downside Deviation | 1.94 | |||
| Coefficient Of Variation | 841.95 | |||
| Standard Deviation | 2.1 | |||
| Variance | 4.4 | |||
| Information Ratio | 0.1046 | |||
| Jensen Alpha | 0.2393 | |||
| Total Risk Alpha | 0.1897 | |||
| Sortino Ratio | 0.1133 | |||
| Treynor Ratio | (19.60) | |||
| Maximum Drawdown | 9.91 | |||
| Value At Risk | (3.09) | |||
| Potential Upside | 4.05 | |||
| Downside Variance | 3.75 | |||
| Semi Variance | 2.77 | |||
| Expected Short fall | (1.80) | |||
| Skewness | 0.2082 | |||
| Kurtosis | 0.5807 |
Additional Tools for Bank Stock Analysis
When running Bank Millennium's price analysis, check to measure Bank Millennium'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 Bank Millennium is operating at the current time. Most of Bank Millennium's value examination focuses on studying past and present price action to predict the probability of Bank Millennium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank Millennium's price. Additionally, you may evaluate how the addition of Bank Millennium to your portfolios can decrease your overall portfolio volatility.