Signify NV (Netherlands) Technical Analysis
| LIGHT Stock | EUR 28.24 0.04 0.14% |
As of the 23rd of April, Signify NV has the Coefficient Of Variation of (2,464), risk adjusted performance of (0.02), and Variance of 2.32. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Signify NV, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate and analyze data for thirteen technical drivers for Signify NV, which can be compared to its competition. Please validate Signify NV coefficient of variation and maximum drawdown to decide if Signify NV is priced more or less accurately, providing market reflects its prevalent price of 28.24 per share.
Signify NV Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Signify, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SignifySignify |
Signify NV 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.
Signify NV Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Signify NV volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Signify NV Trend Analysis
Use this graph to draw trend lines for Signify NV. You can use it to identify possible trend reversals for Signify NV 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 Signify NV price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Signify NV Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Signify NV applied against its price change over selected period. The best fit line has a slop of 0.05 , which means Signify NV will continue generating value for investors. It has 122 observation points and a regression sum of squares at 84.75, which is the sum of squared deviations for the predicted Signify NV price change compared to its average price change.About Signify NV 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 Signify NV 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 Signify NV based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Signify NV price pattern first instead of the macroeconomic environment surrounding Signify NV. By analyzing Signify NV'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 Signify NV'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 Signify NV specific price patterns or momentum indicators. Please read more on our technical analysis page.
Signify NV April 23, 2024 Technical Indicators
Most technical analysis of Signify 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 Signify from various momentum indicators to cycle indicators. When you analyze Signify 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 | (0.02) | |||
| Market Risk Adjusted Performance | (0.29) | |||
| Mean Deviation | 1.18 | |||
| Coefficient Of Variation | (2,464) | |||
| Standard Deviation | 1.52 | |||
| Variance | 2.32 | |||
| Information Ratio | (0.1) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (0.30) | |||
| Maximum Drawdown | 7.05 | |||
| Value At Risk | (2.17) | |||
| Potential Upside | 2.27 | |||
| Skewness | (0.55) | |||
| Kurtosis | 1.27 |
Signify NV April 23, 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 Signify 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 | 6,119 | ||
| Daily Balance Of Power | 0.10 | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 28.14 | ||
| Day Typical Price | 28.17 | ||
| Price Action Indicator | 0.12 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Signify NV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for Signify Stock analysis
When running Signify NV's price analysis, check to measure Signify NV'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 Signify NV is operating at the current time. Most of Signify NV's value examination focuses on studying past and present price action to predict the probability of Signify NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Signify NV's price. Additionally, you may evaluate how the addition of Signify NV to your portfolios can decrease your overall portfolio volatility.
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |