PT Steel (Germany) Technical Analysis
| S08 Stock | EUR 0.01 0.0005 4.17% |
As of the 13th of December 2024, PT Steel owns the information ratio of (0.14), and Market Risk Adjusted Performance of 0.9596. Concerning fundamental indicators, the technical analysis model allows you to check potential technical drivers of PT Steel Pipe, as well as the relationship between them. Please check PT Steel Pipe coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if PT Steel Pipe is priced more or less accurately, providing market reflects its prevailing price of 0.0125 per share.
PT Steel Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as S08, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to S08S08 |
PT Steel 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.
PT Steel Pipe 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 PT Steel Pipe volatility. High ATR values indicate high volatility, and low values indicate low volatility.
PT Steel Pipe Trend Analysis
Use this graph to draw trend lines for PT Steel Pipe. You can use it to identify possible trend reversals for PT Steel 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 PT Steel price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.PT Steel Best Fit Change Line
The following chart estimates an ordinary least squares regression model for PT Steel Pipe applied against its price change over selected period. The best fit line has a slop of 0 , which may suggest that PT Steel Pipe market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted PT Steel price change compared to its average price change.About PT Steel 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 PT Steel Pipe 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 PT Steel Pipe based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on PT Steel Pipe price pattern first instead of the macroeconomic environment surrounding PT Steel Pipe. By analyzing PT Steel'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 PT Steel'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 PT Steel specific price patterns or momentum indicators. Please read more on our technical analysis page.
PT Steel December 13, 2024 Technical Indicators
Most technical analysis of S08 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 S08 from various momentum indicators to cycle indicators. When you analyze S08 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 | (0.05) | |||
| Market Risk Adjusted Performance | 0.9596 | |||
| Mean Deviation | 1.08 | |||
| Coefficient Of Variation | (1,266) | |||
| Standard Deviation | 1.94 | |||
| Variance | 3.75 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | 0.9496 | |||
| Maximum Drawdown | 8.17 | |||
| Value At Risk | (3.85) | |||
| Potential Upside | 3.7 | |||
| Skewness | 0.0093 | |||
| Kurtosis | 1.13 |
Complementary Tools for S08 Stock analysis
When running PT Steel's price analysis, check to measure PT Steel'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 PT Steel is operating at the current time. Most of PT Steel's value examination focuses on studying past and present price action to predict the probability of PT Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PT Steel's price. Additionally, you may evaluate how the addition of PT Steel to your portfolios can decrease your overall portfolio volatility.
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