Unity Software (Germany) Technical Analysis
| US3 Stock | EUR 22.41 0.39 1.71% |
As of the 27th of November, Unity Software has the Coefficient Of Variation of 674.22, semi deviation of 3.26, and Risk Adjusted Performance of 0.1215. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Unity Software, as well as the relationship between them. Please validate Unity Software standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if Unity Software is priced more or less accurately, providing market reflects its prevalent price of 22.41 per share.
Unity Software Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Unity, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to UnityUnity |
Unity Software 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.
Unity Software 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 Unity Software volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Unity Software Trend Analysis
Use this graph to draw trend lines for Unity Software. You can use it to identify possible trend reversals for Unity Software 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 Unity Software price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Unity Software Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Unity Software applied against its price change over selected period. The best fit line has a slop of 0.06 , which means Unity Software will continue generating value for investors. It has 122 observation points and a regression sum of squares at 121.7, which is the sum of squared deviations for the predicted Unity Software price change compared to its average price change.About Unity Software 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 Unity Software 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 Unity Software based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Unity Software price pattern first instead of the macroeconomic environment surrounding Unity Software. By analyzing Unity Software'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 Unity Software'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 Unity Software specific price patterns or momentum indicators. Please read more on our technical analysis page.
Unity Software November 27, 2024 Technical Indicators
Most technical analysis of Unity 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 Unity from various momentum indicators to cycle indicators. When you analyze Unity 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 | 0.1215 | |||
| Market Risk Adjusted Performance | 2.24 | |||
| Mean Deviation | 3.21 | |||
| Semi Deviation | 3.26 | |||
| Downside Deviation | 3.58 | |||
| Coefficient Of Variation | 674.22 | |||
| Standard Deviation | 4.08 | |||
| Variance | 16.65 | |||
| Information Ratio | 0.1168 | |||
| Jensen Alpha | 0.5635 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.1332 | |||
| Treynor Ratio | 2.23 | |||
| Maximum Drawdown | 17.07 | |||
| Value At Risk | (5.42) | |||
| Potential Upside | 8.09 | |||
| Downside Variance | 12.8 | |||
| Semi Variance | 10.63 | |||
| Expected Short fall | (3.69) | |||
| Skewness | 0.3369 | |||
| Kurtosis | (0.01) |
Complementary Tools for Unity Stock analysis
When running Unity Software's price analysis, check to measure Unity Software'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 Unity Software is operating at the current time. Most of Unity Software's value examination focuses on studying past and present price action to predict the probability of Unity Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Unity Software's price. Additionally, you may evaluate how the addition of Unity Software to your portfolios can decrease your overall portfolio volatility.
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