Brenntag Se Stock Technical Analysis
BNTGF Stock | USD 80.13 0.12 0.15% |
As of the 25th of April, Brenntag shows the risk adjusted performance of (0.08), and Mean Deviation of 0.4973. Brenntag SE technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for Brenntag SE, which can be compared to its peers. Please confirm Brenntag SE market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Brenntag SE is priced correctly, providing market reflects its regular price of 80.13 per share. Given that Brenntag has information ratio of (0.21), we suggest you to validate Brenntag SE's prevailing market performance to make sure the company can sustain itself at a future point.
Brenntag Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Brenntag, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BrenntagBrenntag |
Brenntag technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Brenntag SE 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 Brenntag SE volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Brenntag SE Trend Analysis
Use this graph to draw trend lines for Brenntag SE. You can use it to identify possible trend reversals for Brenntag 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 Brenntag price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Brenntag Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Brenntag SE applied against its price change over selected period. The best fit line has a slop of 0.14 , which may suggest that Brenntag SE market price will keep on failing further. It has 122 observation points and a regression sum of squares at 717.75, which is the sum of squared deviations for the predicted Brenntag price change compared to its average price change.About Brenntag 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 Brenntag SE 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 Brenntag SE based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Brenntag SE price pattern first instead of the macroeconomic environment surrounding Brenntag SE. By analyzing Brenntag'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 Brenntag'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 Brenntag specific price patterns or momentum indicators. Please read more on our technical analysis page.
Brenntag April 25, 2024 Technical Indicators
Most technical analysis of Brenntag 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 Brenntag from various momentum indicators to cycle indicators. When you analyze Brenntag 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 | (0.08) | |||
Market Risk Adjusted Performance | (7.57) | |||
Mean Deviation | 0.4973 | |||
Coefficient Of Variation | (730.37) | |||
Standard Deviation | 1.23 | |||
Variance | 1.51 | |||
Information Ratio | (0.21) | |||
Jensen Alpha | (0.18) | |||
Total Risk Alpha | (0.35) | |||
Treynor Ratio | (7.58) | |||
Maximum Drawdown | 7.96 | |||
Value At Risk | (1.74) | |||
Potential Upside | 0.15 | |||
Skewness | (3.48) | |||
Kurtosis | 17.73 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brenntag SE. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Brenntag SE information on this page should be used as a complementary analysis to other Brenntag's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Brenntag Pink Sheet analysis
When running Brenntag's price analysis, check to measure Brenntag'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 Brenntag is operating at the current time. Most of Brenntag's value examination focuses on studying past and present price action to predict the probability of Brenntag's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brenntag's price. Additionally, you may evaluate how the addition of Brenntag to your portfolios can decrease your overall portfolio volatility.
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