Sandfire Resources (Germany) Technical Analysis
| S2Z Stock | EUR 6.40 0.10 1.54% |
As of the 4th of December, Sandfire Resources has the Risk Adjusted Performance of 0.1269, coefficient of variation of 634.19, and Semi Deviation of 1.92. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sandfire Resources, as well as the relationship between them. Please validate Sandfire Resources jensen alpha, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance to decide if Sandfire Resources is priced more or less accurately, providing market reflects its prevalent price of 6.4 per share.
Sandfire Resources Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Sandfire, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SandfireSandfire |
Sandfire Resources 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.
Sandfire Resources Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 Sandfire Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Sandfire Resources Trend Analysis
Use this graph to draw trend lines for Sandfire Resources Limited. You can use it to identify possible trend reversals for Sandfire Resources 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 Sandfire Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Sandfire Resources Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Sandfire Resources Limited applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Sandfire Resources Limited will continue generating value for investors. It has 122 observation points and a regression sum of squares at 4.03, which is the sum of squared deviations for the predicted Sandfire Resources price change compared to its average price change.About Sandfire Resources 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 Sandfire Resources Limited 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 Sandfire Resources Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Sandfire Resources price pattern first instead of the macroeconomic environment surrounding Sandfire Resources. By analyzing Sandfire Resources'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 Sandfire Resources'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 Sandfire Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.
Sandfire Resources December 4, 2024 Technical Indicators
Most technical analysis of Sandfire 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 Sandfire from various momentum indicators to cycle indicators. When you analyze Sandfire 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 | 0.1269 | |||
| Market Risk Adjusted Performance | 0.6884 | |||
| Mean Deviation | 1.65 | |||
| Semi Deviation | 1.92 | |||
| Downside Deviation | 2.55 | |||
| Coefficient Of Variation | 634.19 | |||
| Standard Deviation | 2.25 | |||
| Variance | 5.06 | |||
| Information Ratio | 0.1073 | |||
| Jensen Alpha | 0.2921 | |||
| Total Risk Alpha | 0.04 | |||
| Sortino Ratio | 0.0948 | |||
| Treynor Ratio | 0.6784 | |||
| Maximum Drawdown | 11.95 | |||
| Value At Risk | (2.94) | |||
| Potential Upside | 3.28 | |||
| Downside Variance | 6.48 | |||
| Semi Variance | 3.68 | |||
| Expected Short fall | (2.01) | |||
| Skewness | 0.0492 | |||
| Kurtosis | 2.6 |
Complementary Tools for Sandfire Stock analysis
When running Sandfire Resources' price analysis, check to measure Sandfire Resources' 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 Sandfire Resources is operating at the current time. Most of Sandfire Resources' value examination focuses on studying past and present price action to predict the probability of Sandfire Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sandfire Resources' price. Additionally, you may evaluate how the addition of Sandfire Resources to your portfolios can decrease your overall portfolio volatility.
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities |