SIMCERE PHARMAC (Germany) Technical Analysis

S2P Stock  EUR 0.84  0.01  1.20%   
As of the 30th of November, SIMCERE PHARMAC has the coefficient of variation of 746.75, and Risk Adjusted Performance of 0.1097. In connection with fundamental indicators, the technical analysis model makes it possible for you to check practical technical drivers of SIMCERE PHARMAC GRP, as well as the relationship between them. Please validate SIMCERE PHARMAC GRP jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if SIMCERE PHARMAC is priced adequately, providing market reflects its prevalent price of 0.84 per share.

SIMCERE PHARMAC Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SIMCERE, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SIMCERE
  
SIMCERE PHARMAC's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
SIMCERE PHARMAC 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.
A focus of SIMCERE PHARMAC technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SIMCERE PHARMAC trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

SIMCERE PHARMAC GRP Technical Analysis

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The output start index for this execution was ten with a total number of output elements of fifty-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 SIMCERE PHARMAC GRP volatility. High ATR values indicate high volatility, and low values indicate low volatility.

SIMCERE PHARMAC GRP Trend Analysis

Use this graph to draw trend lines for SIMCERE PHARMAC GRP. You can use it to identify possible trend reversals for SIMCERE PHARMAC 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 SIMCERE PHARMAC price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

SIMCERE PHARMAC Best Fit Change Line

The following chart estimates an ordinary least squares regression model for SIMCERE PHARMAC GRP applied against its price change over selected period. The best fit line has a slop of    , which means SIMCERE PHARMAC GRP will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.19, which is the sum of squared deviations for the predicted SIMCERE PHARMAC price change compared to its average price change.

About SIMCERE PHARMAC 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 SIMCERE PHARMAC GRP 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 SIMCERE PHARMAC GRP based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on SIMCERE PHARMAC GRP price pattern first instead of the macroeconomic environment surrounding SIMCERE PHARMAC GRP. By analyzing SIMCERE PHARMAC'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 SIMCERE PHARMAC'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 SIMCERE PHARMAC specific price patterns or momentum indicators. Please read more on our technical analysis page.

SIMCERE PHARMAC November 30, 2024 Technical Indicators

Most technical analysis of SIMCERE 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 SIMCERE from various momentum indicators to cycle indicators. When you analyze SIMCERE 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.

Complementary Tools for SIMCERE Stock analysis

When running SIMCERE PHARMAC's price analysis, check to measure SIMCERE PHARMAC'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 SIMCERE PHARMAC is operating at the current time. Most of SIMCERE PHARMAC's value examination focuses on studying past and present price action to predict the probability of SIMCERE PHARMAC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SIMCERE PHARMAC's price. Additionally, you may evaluate how the addition of SIMCERE PHARMAC to your portfolios can decrease your overall portfolio volatility.
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