Socovesa (Chile) Technical Analysis
SOCOVESA | CLP 73.00 1.00 1.39% |
As of the 5th of December, Socovesa has the Coefficient Of Variation of 729.43, risk adjusted performance of 0.1081, and Semi Deviation of 1.41. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Socovesa, as well as the relationship between them. Please validate Socovesa semi deviation, jensen alpha, as well as the relationship between the Jensen Alpha and semi variance to decide if Socovesa is priced more or less accurately, providing market reflects its prevalent price of 73.0 per share.
Socovesa Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Socovesa, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SocovesaSocovesa |
Socovesa 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.
Socovesa Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Socovesa volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Socovesa Trend Analysis
Use this graph to draw trend lines for Socovesa. You can use it to identify possible trend reversals for Socovesa 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 Socovesa price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Socovesa Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Socovesa applied against its price change over selected period. The best fit line has a slop of 0.28 , which means Socovesa will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2987.33, which is the sum of squared deviations for the predicted Socovesa price change compared to its average price change.About Socovesa 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 Socovesa 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 Socovesa based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Socovesa price pattern first instead of the macroeconomic environment surrounding Socovesa. By analyzing Socovesa'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 Socovesa'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 Socovesa specific price patterns or momentum indicators. Please read more on our technical analysis page.
Socovesa December 5, 2024 Technical Indicators
Most technical analysis of Socovesa 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 Socovesa from various momentum indicators to cycle indicators. When you analyze Socovesa 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 | ||
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Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.1081 | |||
Market Risk Adjusted Performance | (1.42) | |||
Mean Deviation | 1.44 | |||
Semi Deviation | 1.41 | |||
Downside Deviation | 2.53 | |||
Coefficient Of Variation | 729.43 | |||
Standard Deviation | 2.35 | |||
Variance | 5.51 | |||
Information Ratio | 0.0746 | |||
Jensen Alpha | 0.3414 | |||
Total Risk Alpha | (0.12) | |||
Sortino Ratio | 0.0692 | |||
Treynor Ratio | (1.43) | |||
Maximum Drawdown | 13.65 | |||
Value At Risk | (3.49) | |||
Potential Upside | 4.13 | |||
Downside Variance | 6.39 | |||
Semi Variance | 1.99 | |||
Expected Short fall | (2.56) | |||
Skewness | 1.09 | |||
Kurtosis | 5.2 |
Additional Tools for Socovesa Stock Analysis
When running Socovesa's price analysis, check to measure Socovesa'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 Socovesa is operating at the current time. Most of Socovesa's value examination focuses on studying past and present price action to predict the probability of Socovesa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Socovesa's price. Additionally, you may evaluate how the addition of Socovesa to your portfolios can decrease your overall portfolio volatility.