Relx PLC (Germany) Technical Analysis
| RDED Stock | EUR 43.60 0.60 1.36% |
As of the 25th of December, Relx PLC holds the Coefficient Of Variation of 15419.18, risk adjusted performance of 0.0091, and Semi Deviation of 1.06. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Relx PLC, as well as the relationship between them. Please check Relx PLC ADR jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if Relx PLC ADR is priced some-what accurately, providing market reflects its current price of 43.6 per share.
Relx PLC Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Relx, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RelxRelx |
Relx PLC 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.
Relx PLC ADR 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 Relx PLC ADR volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Relx PLC ADR Trend Analysis
Use this graph to draw trend lines for Relx PLC ADR. You can use it to identify possible trend reversals for Relx PLC 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 Relx PLC price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Relx PLC Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Relx PLC ADR applied against its price change over selected period. The best fit line has a slop of 0.04 , which means Relx PLC ADR will continue generating value for investors. It has 122 observation points and a regression sum of squares at 46.66, which is the sum of squared deviations for the predicted Relx PLC price change compared to its average price change.About Relx PLC 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 Relx PLC ADR 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 Relx PLC ADR based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Relx PLC ADR price pattern first instead of the macroeconomic environment surrounding Relx PLC ADR. By analyzing Relx PLC'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 Relx PLC'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 Relx PLC specific price patterns or momentum indicators. Please read more on our technical analysis page.
Relx PLC December 25, 2024 Technical Indicators
Most technical analysis of Relx 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 Relx from various momentum indicators to cycle indicators. When you analyze Relx 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 | 0.0091 | |||
| Market Risk Adjusted Performance | 0.0075 | |||
| Mean Deviation | 0.9641 | |||
| Semi Deviation | 1.06 | |||
| Downside Deviation | 1.25 | |||
| Coefficient Of Variation | 15419.18 | |||
| Standard Deviation | 1.32 | |||
| Variance | 1.74 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0) | |||
| Maximum Drawdown | 7.0 | |||
| Value At Risk | (1.83) | |||
| Potential Upside | 2.75 | |||
| Downside Variance | 1.57 | |||
| Semi Variance | 1.13 | |||
| Expected Short fall | (1.45) | |||
| Skewness | 0.3009 | |||
| Kurtosis | 0.7361 |
Complementary Tools for Relx Stock analysis
When running Relx PLC's price analysis, check to measure Relx PLC'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 Relx PLC is operating at the current time. Most of Relx PLC's value examination focuses on studying past and present price action to predict the probability of Relx PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Relx PLC's price. Additionally, you may evaluate how the addition of Relx PLC to your portfolios can decrease your overall portfolio volatility.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |