Universal Music (Austria) Technical Analysis
| UMG Stock | 22.54 0.15 0.67% |
Universal Music Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Universal, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to UniversalUniversal |
Universal Music 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.
Universal Music Group 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 Universal Music Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Universal Music Group Trend Analysis
Use this graph to draw trend lines for Universal Music Group. You can use it to identify possible trend reversals for Universal Music 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 Universal Music price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Universal Music Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Universal Music Group applied against its price change over selected period. The best fit line has a slop of 0.0027 , which may suggest that Universal Music Group market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.28, which is the sum of squared deviations for the predicted Universal Music price change compared to its average price change.Universal Music November 24, 2024 Technical Indicators
Most technical analysis of Universal 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 Universal from various momentum indicators to cycle indicators. When you analyze Universal 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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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.40) | |||
| Mean Deviation | 0.9621 | |||
| Coefficient Of Variation | (5,870) | |||
| Standard Deviation | 1.28 | |||
| Variance | 1.65 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (0.41) | |||
| Maximum Drawdown | 5.41 | |||
| Value At Risk | (2.16) | |||
| Potential Upside | 2.39 | |||
| Skewness | 0.1495 | |||
| Kurtosis | 0.0965 |
Complementary Tools for Universal Stock analysis
When running Universal Music's price analysis, check to measure Universal Music'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 Universal Music is operating at the current time. Most of Universal Music's value examination focuses on studying past and present price action to predict the probability of Universal Music's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Universal Music's price. Additionally, you may evaluate how the addition of Universal Music to your portfolios can decrease your overall portfolio volatility.
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