Thyssenkrupp (Germany) Technical Analysis
| TKA Stock | EUR 3.87 0.06 1.57% |
As of the 23rd of November, Thyssenkrupp has the Coefficient Of Variation of 901.06, risk adjusted performance of 0.0926, and Semi Deviation of 2.14. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of thyssenkrupp AG, as well as the relationship between them. Please validate thyssenkrupp AG mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Thyssenkrupp is priced more or less accurately, providing market reflects its prevalent price of 3.87 per share.
Thyssenkrupp Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Thyssenkrupp, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ThyssenkruppThyssenkrupp |
Thyssenkrupp 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.
thyssenkrupp AG Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 thyssenkrupp AG volatility. High ATR values indicate high volatility, and low values indicate low volatility.
thyssenkrupp AG Trend Analysis
Use this graph to draw trend lines for thyssenkrupp AG. You can use it to identify possible trend reversals for Thyssenkrupp 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 Thyssenkrupp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Thyssenkrupp Best Fit Change Line
The following chart estimates an ordinary least squares regression model for thyssenkrupp AG applied against its price change over selected period. The best fit line has a slop of 0.01 , which means thyssenkrupp AG will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3.25, which is the sum of squared deviations for the predicted Thyssenkrupp price change compared to its average price change.About Thyssenkrupp 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 thyssenkrupp 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 thyssenkrupp AG based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on thyssenkrupp AG price pattern first instead of the macroeconomic environment surrounding thyssenkrupp AG. By analyzing Thyssenkrupp'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 Thyssenkrupp'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 Thyssenkrupp specific price patterns or momentum indicators. Please read more on our technical analysis page.
Thyssenkrupp November 23, 2024 Technical Indicators
Most technical analysis of Thyssenkrupp 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 Thyssenkrupp from various momentum indicators to cycle indicators. When you analyze Thyssenkrupp 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 | 0.0926 | |||
| Market Risk Adjusted Performance | 0.4418 | |||
| Mean Deviation | 2.3 | |||
| Semi Deviation | 2.14 | |||
| Downside Deviation | 2.42 | |||
| Coefficient Of Variation | 901.06 | |||
| Standard Deviation | 3.05 | |||
| Variance | 9.27 | |||
| Information Ratio | 0.068 | |||
| Jensen Alpha | 0.2362 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0856 | |||
| Treynor Ratio | 0.4318 | |||
| Maximum Drawdown | 12.83 | |||
| Value At Risk | (4.36) | |||
| Potential Upside | 6.5 | |||
| Downside Variance | 5.86 | |||
| Semi Variance | 4.57 | |||
| Expected Short fall | (2.87) | |||
| Skewness | 0.9323 | |||
| Kurtosis | 1.39 |
Complementary Tools for Thyssenkrupp Stock analysis
When running Thyssenkrupp's price analysis, check to measure Thyssenkrupp'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 Thyssenkrupp is operating at the current time. Most of Thyssenkrupp's value examination focuses on studying past and present price action to predict the probability of Thyssenkrupp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thyssenkrupp's price. Additionally, you may evaluate how the addition of Thyssenkrupp to your portfolios can decrease your overall portfolio volatility.
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