SAP SE has Risk Adjusted Performance of 0.0397, Market Risk Adjusted Performance of 0.25 and Downside Deviation of 1.24. In connection with Fundamental Indicators, Macroaxis technical analysis interface makes it possible for you to check practical technical drivers of SAP SE as well as the relationship between them. In other words you can use this information to find out if the entity will indeed mirror its model of past prices and volume data or the prices will eventually revert. We found nineteen technical drivers for SAP SE which can be compared to its competition. Please validate SAP SEVariance, Value At Risk as well as the relationship between Value At Risk and Skewness to decide if S A P is priced adequately providing market reflects its prevalent price of 109.01 per share. Given that SAP SE has Jensen Alpha of 0.0174, we advise you double-check SAP SE current market performance to make sure the company can sustain itself at some point future time.
The output start index for this execution was fourteen with a total number of output elements of twenty-five. 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 SAP SE volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.
SAP SE Trend Analysis
Use this graph to draw trend lines for SAP SE. You can use it to identify possible trend reversals for S A P 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 S A P price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
S A P Best Fit Change Line
The following chart estimates an ordinary least squares regression model for SAP SE applied against its price change over selected period. The best fit line has a slop of 0.054445 % which may imply that SAP SE will maintain its good market sentiment and make money for investors. It has 78 observation points and a regression sum of squares at 29.29, which is the sum of squared deviations for the predicted S A P price change compared to its average price change.
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