SIEMENS HEALTH (Germany) Technical Analysis
| SHL1 Stock | EUR 26.20 1.00 3.97% |
As of the 18th of January 2025, SIEMENS HEALTH has the coefficient of variation of 3049.48, and Risk Adjusted Performance of 0.0334. In connection with fundamental indicators, the technical analysis model makes it possible for you to check practical technical drivers of SIEMENS HEALTH ADR050, as well as the relationship between them. Please validate SIEMENS HEALTH ADR050 downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if SIEMENS HEALTH is priced adequately, providing market reflects its prevalent price of 26.2 per share.
SIEMENS HEALTH Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SIEMENS, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SIEMENSSIEMENS |
SIEMENS HEALTH 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.
SIEMENS HEALTH ADR050 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 SIEMENS HEALTH ADR050 volatility. High ATR values indicate high volatility, and low values indicate low volatility.
SIEMENS HEALTH ADR050 Trend Analysis
Use this graph to draw trend lines for SIEMENS HEALTH ADR050. You can use it to identify possible trend reversals for SIEMENS HEALTH 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 SIEMENS HEALTH price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.SIEMENS HEALTH Best Fit Change Line
The following chart estimates an ordinary least squares regression model for SIEMENS HEALTH ADR050 applied against its price change over selected period. The best fit line has a slop of 0.02 , which means SIEMENS HEALTH ADR050 will continue generating value for investors. It has 122 observation points and a regression sum of squares at 11.02, which is the sum of squared deviations for the predicted SIEMENS HEALTH price change compared to its average price change.About SIEMENS HEALTH 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 SIEMENS HEALTH ADR050 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 SIEMENS HEALTH ADR050 based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on SIEMENS HEALTH ADR050 price pattern first instead of the macroeconomic environment surrounding SIEMENS HEALTH ADR050. By analyzing SIEMENS HEALTH'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 SIEMENS HEALTH'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 SIEMENS HEALTH specific price patterns or momentum indicators. Please read more on our technical analysis page.
SIEMENS HEALTH January 18, 2025 Technical Indicators
Most technical analysis of SIEMENS 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 SIEMENS from various momentum indicators to cycle indicators. When you analyze SIEMENS 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 | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0334 | |||
| Market Risk Adjusted Performance | 0.2878 | |||
| Mean Deviation | 1.52 | |||
| Semi Deviation | 1.6 | |||
| Downside Deviation | 1.9 | |||
| Coefficient Of Variation | 3049.48 | |||
| Standard Deviation | 2.07 | |||
| Variance | 4.29 | |||
| Information Ratio | 0.0185 | |||
| Jensen Alpha | 0.0538 | |||
| Total Risk Alpha | 0.0091 | |||
| Sortino Ratio | 0.0201 | |||
| Treynor Ratio | 0.2778 | |||
| Maximum Drawdown | 10.69 | |||
| Value At Risk | (3.17) | |||
| Potential Upside | 3.97 | |||
| Downside Variance | 3.63 | |||
| Semi Variance | 2.56 | |||
| Expected Short fall | (2.08) | |||
| Skewness | 0.7397 | |||
| Kurtosis | 1.24 |
Complementary Tools for SIEMENS Stock analysis
When running SIEMENS HEALTH's price analysis, check to measure SIEMENS HEALTH'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 SIEMENS HEALTH is operating at the current time. Most of SIEMENS HEALTH's value examination focuses on studying past and present price action to predict the probability of SIEMENS HEALTH's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SIEMENS HEALTH's price. Additionally, you may evaluate how the addition of SIEMENS HEALTH to your portfolios can decrease your overall portfolio volatility.
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