Salzgitter (Germany) Technical Analysis
| SZG Stock | 16.40 0.56 3.30% |
As of the 30th of November, Salzgitter has the Coefficient Of Variation of 3034.42, semi deviation of 2.78, and Risk Adjusted Performance of 0.0338. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Salzgitter AG, as well as the relationship between them.
Salzgitter Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Salzgitter, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SalzgitterSalzgitter |
Salzgitter 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.
Salzgitter AG Technical Analysis
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 Salzgitter AG volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Salzgitter AG Trend Analysis
Use this graph to draw trend lines for Salzgitter AG. You can use it to identify possible trend reversals for Salzgitter 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 Salzgitter price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Salzgitter Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Salzgitter AG applied against its price change over selected period. The best fit line has a slop of 0.05 , which means Salzgitter AG will continue generating value for investors. It has 122 observation points and a regression sum of squares at 99.85, which is the sum of squared deviations for the predicted Salzgitter price change compared to its average price change.About Salzgitter 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 Salzgitter 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 Salzgitter AG based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Salzgitter AG price pattern first instead of the macroeconomic environment surrounding Salzgitter AG. By analyzing Salzgitter'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 Salzgitter'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 Salzgitter specific price patterns or momentum indicators. Please read more on our technical analysis page.
Salzgitter November 30, 2024 Technical Indicators
Most technical analysis of Salzgitter 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 Salzgitter from various momentum indicators to cycle indicators. When you analyze Salzgitter 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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| Volume Indicators |
| Risk Adjusted Performance | 0.0338 | |||
| Market Risk Adjusted Performance | (0.29) | |||
| Mean Deviation | 2.67 | |||
| Semi Deviation | 2.78 | |||
| Downside Deviation | 3.03 | |||
| Coefficient Of Variation | 3034.42 | |||
| Standard Deviation | 5.48 | |||
| Variance | 30.06 | |||
| Information Ratio | 0.0079 | |||
| Jensen Alpha | 0.2433 | |||
| Total Risk Alpha | (0.74) | |||
| Sortino Ratio | 0.0142 | |||
| Treynor Ratio | (0.30) | |||
| Maximum Drawdown | 47.3 | |||
| Value At Risk | (4.49) | |||
| Potential Upside | 3.29 | |||
| Downside Variance | 9.16 | |||
| Semi Variance | 7.74 | |||
| Expected Short fall | (3.22) | |||
| Skewness | 5.33 | |||
| Kurtosis | 37.31 |
Additional Tools for Salzgitter Stock Analysis
When running Salzgitter's price analysis, check to measure Salzgitter'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 Salzgitter is operating at the current time. Most of Salzgitter's value examination focuses on studying past and present price action to predict the probability of Salzgitter's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Salzgitter's price. Additionally, you may evaluate how the addition of Salzgitter to your portfolios can decrease your overall portfolio volatility.