Evn Ag Adr Stock Technical Analysis

EVNVYDelisted Stock  USD 3.49  0.00  0.00%   
As of the 24th of April, EVN AG shows the Coefficient Of Variation of (1,908), standard deviation of 2.99, and Mean Deviation of 0.9408. EVN AG ADR technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes 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 interpolate and analyze data for twelve technical drivers for EVN AG ADR, which can be compared to its peers. Please confirm EVN AG ADR variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and kurtosis to decide if EVN AG ADR is priced fairly, providing market reflects its regular price of 3.49 per share. Given that EVN AG has total risk alpha of (0.58), we urge you to verify EVN AG ADR's prevailing market performance to make sure the company can sustain itself at some point in the future.

EVN AG Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as EVN, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EVN
  
EVN AG's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
EVN AG 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.
A focus of EVN AG technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of EVN AG trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

EVN AG ADR Technical Analysis

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EVN AG ADR Trend Analysis

Use this graph to draw trend lines for EVN AG ADR. You can use it to identify possible trend reversals for EVN AG 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 EVN AG price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

EVN AG Best Fit Change Line

The following chart estimates an ordinary least squares regression model for EVN AG ADR applied against its price change over selected period. The best fit line has a slop of   0.0017  , which may suggest that EVN AG ADR market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.11, which is the sum of squared deviations for the predicted EVN AG price change compared to its average price change.

About EVN AG 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 EVN AG ADR 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 EVN AG ADR based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on EVN AG ADR price pattern first instead of the macroeconomic environment surrounding EVN AG ADR. By analyzing EVN AG'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 EVN AG'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 EVN AG specific price patterns or momentum indicators. Please read more on our technical analysis page.

EVN AG April 24, 2024 Technical Indicators

Most technical analysis of EVN 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 EVN from various momentum indicators to cycle indicators. When you analyze EVN 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.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

Other Consideration for investing in EVN Pink Sheet

If you are still planning to invest in EVN AG ADR check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the EVN AG's history and understand the potential risks before investing.
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