PERRIGO (Germany) Technical Analysis
PGO Stock | 0.72 0.13 22.03% |
As of the 14th of December 2024, PERRIGO holds the Market Risk Adjusted Performance of 0.2418, risk adjusted performance of (0.01), and Coefficient Of Variation of (5,035). Our technical analysis interface allows you to check practical technical drivers of PERRIGO, as well as the relationship between them. Please check PERRIGO information ratio, potential upside, and the relationship between the standard deviation and maximum drawdown to decide if PERRIGO is priced more or less accurately, providing market reflects its current price of 0.72 per share.
PERRIGO Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as PERRIGO, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PERRIGOPERRIGO |
PERRIGO 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.
PERRIGO Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 PERRIGO volatility. High ATR values indicate high volatility, and low values indicate low volatility.
PERRIGO Trend Analysis
Use this graph to draw trend lines for PERRIGO. You can use it to identify possible trend reversals for PERRIGO 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 PERRIGO price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.PERRIGO Best Fit Change Line
The following chart estimates an ordinary least squares regression model for PERRIGO applied against its price change over selected period. The best fit line has a slop of 0.0065 , which may suggest that PERRIGO market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.62, which is the sum of squared deviations for the predicted PERRIGO price change compared to its average price change.About PERRIGO 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 PERRIGO 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 PERRIGO based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on PERRIGO price pattern first instead of the macroeconomic environment surrounding PERRIGO. By analyzing PERRIGO'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 PERRIGO'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 PERRIGO specific price patterns or momentum indicators. Please read more on our technical analysis page.
PERRIGO December 14, 2024 Technical Indicators
Most technical analysis of PERRIGO 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 PERRIGO from various momentum indicators to cycle indicators. When you analyze PERRIGO 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 | 0.2418 | |||
Mean Deviation | 4.0 | |||
Coefficient Of Variation | (5,035) | |||
Standard Deviation | 8.1 | |||
Variance | 65.65 | |||
Information Ratio | (0.03) | |||
Jensen Alpha | (0.10) | |||
Total Risk Alpha | (1.18) | |||
Treynor Ratio | 0.2318 | |||
Maximum Drawdown | 53.33 | |||
Value At Risk | (10.42) | |||
Potential Upside | 20.0 | |||
Skewness | (0.11) | |||
Kurtosis | 6.37 |
Complementary Tools for PERRIGO Stock analysis
When running PERRIGO's price analysis, check to measure PERRIGO'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 PERRIGO is operating at the current time. Most of PERRIGO's value examination focuses on studying past and present price action to predict the probability of PERRIGO's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PERRIGO's price. Additionally, you may evaluate how the addition of PERRIGO to your portfolios can decrease your overall portfolio volatility.
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