Sparta AG (Germany) Technical Analysis
| SPT6 Stock | EUR 35.00 0.20 0.57% |
As of the 18th of January 2025, Sparta AG has the Coefficient Of Variation of 919.75, risk adjusted performance of 0.0974, and Semi Deviation of 1.02. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sparta AG, as well as the relationship between them. Please validate Sparta AG coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if Sparta AG is priced more or less accurately, providing market reflects its prevalent price of 35.0 per share.
Sparta AG Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Sparta, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SpartaSparta |
Sparta AG 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.
Sparta AG 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 Sparta AG volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Sparta AG Trend Analysis
Use this graph to draw trend lines for Sparta AG. You can use it to identify possible trend reversals for Sparta AG 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 Sparta AG price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Sparta AG Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Sparta AG applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Sparta AG will continue generating value for investors. It has 122 observation points and a regression sum of squares at 14.89, which is the sum of squared deviations for the predicted Sparta AG price change compared to its average price change.About Sparta AG 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 Sparta AG 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 Sparta AG based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Sparta AG price pattern first instead of the macroeconomic environment surrounding Sparta AG. By analyzing Sparta AG'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 Sparta AG'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 Sparta AG specific price patterns or momentum indicators. Please read more on our technical analysis page.
Sparta AG January 18, 2025 Technical Indicators
Most technical analysis of Sparta 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 Sparta from various momentum indicators to cycle indicators. When you analyze Sparta 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.
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| Price Transform | ||
| Statistic Functions | ||
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| Volume Indicators |
| Risk Adjusted Performance | 0.0974 | |||
| Market Risk Adjusted Performance | (0.82) | |||
| Mean Deviation | 0.9839 | |||
| Semi Deviation | 1.02 | |||
| Downside Deviation | 3.12 | |||
| Coefficient Of Variation | 919.75 | |||
| Standard Deviation | 2.4 | |||
| Variance | 5.74 | |||
| Information Ratio | 0.0963 | |||
| Jensen Alpha | 0.2564 | |||
| Total Risk Alpha | 0.194 | |||
| Sortino Ratio | 0.0739 | |||
| Treynor Ratio | (0.83) | |||
| Maximum Drawdown | 20.21 | |||
| Value At Risk | (3.23) | |||
| Potential Upside | 3.23 | |||
| Downside Variance | 9.74 | |||
| Semi Variance | 1.05 | |||
| Expected Short fall | (2.76) | |||
| Skewness | 4.1 | |||
| Kurtosis | 27.17 |
Complementary Tools for Sparta Stock analysis
When running Sparta AG's price analysis, check to measure Sparta AG'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 Sparta AG is operating at the current time. Most of Sparta AG's value examination focuses on studying past and present price action to predict the probability of Sparta AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sparta AG's price. Additionally, you may evaluate how the addition of Sparta AG to your portfolios can decrease your overall portfolio volatility.
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