Vitro SAB (Mexico) Technical Analysis
VITROA Stock | MXN 8.50 0.50 5.56% |
As of the 3rd of December, Vitro SAB has the Risk Adjusted Performance of (0.01), coefficient of variation of (5,769), and Variance of 1.9. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Vitro SAB de, as well as the relationship between them.
Vitro SAB Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Vitro, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to VitroVitro |
Vitro SAB 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.
Vitro SAB de Technical Analysis
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. 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 Vitro SAB de volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Vitro SAB de Trend Analysis
Use this graph to draw trend lines for Vitro SAB de. You can use it to identify possible trend reversals for Vitro SAB 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 Vitro SAB price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Vitro SAB Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Vitro SAB de applied against its price change over selected period. The best fit line has a slop of 0.0009 , which means Vitro SAB de will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.03, which is the sum of squared deviations for the predicted Vitro SAB price change compared to its average price change.About Vitro SAB 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 Vitro SAB de 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 Vitro SAB de based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Vitro SAB de price pattern first instead of the macroeconomic environment surrounding Vitro SAB de. By analyzing Vitro SAB'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 Vitro SAB'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 Vitro SAB specific price patterns or momentum indicators. Please read more on our technical analysis page.
Vitro SAB December 3, 2024 Technical Indicators
Most technical analysis of Vitro 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 Vitro from various momentum indicators to cycle indicators. When you analyze Vitro 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 | (0.01) | |||
Market Risk Adjusted Performance | (0.07) | |||
Mean Deviation | 0.7813 | |||
Coefficient Of Variation | (5,769) | |||
Standard Deviation | 1.38 | |||
Variance | 1.9 | |||
Information Ratio | (0.11) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.24) | |||
Treynor Ratio | (0.08) | |||
Maximum Drawdown | 8.5 | |||
Value At Risk | (1.92) | |||
Potential Upside | 2.3 | |||
Skewness | (0.72) | |||
Kurtosis | 4.14 |
Vitro SAB December 3, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Vitro stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 74.49 | ||
Daily Balance Of Power | (1.67) | ||
Rate Of Daily Change | 0.94 | ||
Day Median Price | 8.65 | ||
Day Typical Price | 8.60 | ||
Price Action Indicator | (0.40) | ||
Market Facilitation Index | 0.0001 |
Complementary Tools for Vitro Stock analysis
When running Vitro SAB's price analysis, check to measure Vitro SAB'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 Vitro SAB is operating at the current time. Most of Vitro SAB's value examination focuses on studying past and present price action to predict the probability of Vitro SAB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vitro SAB's price. Additionally, you may evaluate how the addition of Vitro SAB to your portfolios can decrease your overall portfolio volatility.
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