Korian (Germany) Technical Analysis
KO2 Stock | EUR 3.41 0.12 3.40% |
As of the 10th of May, Korian secures the Downside Deviation of 5.32, mean deviation of 5.65, and Risk Adjusted Performance of 0.0798. Korian technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Korian, which can be compared to its peers in the industry. Please verify Korian information ratio, treynor ratio, value at risk, as well as the relationship between the jensen alpha and maximum drawdown to decide if Korian is priced some-what accurately, providing market reflects its recent price of 3.41 per share.
Korian Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Korian, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to KorianKorian |
Korian 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.
Korian Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 Korian volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Korian Trend Analysis
Use this graph to draw trend lines for Korian. You can use it to identify possible trend reversals for Korian 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 Korian price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Korian Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Korian applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Korian will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3.15, which is the sum of squared deviations for the predicted Korian price change compared to its average price change.About Korian 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 Korian 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 Korian based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Korian price pattern first instead of the macroeconomic environment surrounding Korian. By analyzing Korian'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 Korian'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 Korian specific price patterns or momentum indicators. Please read more on our technical analysis page.
Korian May 10, 2024 Technical Indicators
Most technical analysis of Korian 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 Korian from various momentum indicators to cycle indicators. When you analyze Korian 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 | 0.0798 | |||
Market Risk Adjusted Performance | (0.27) | |||
Mean Deviation | 5.65 | |||
Semi Deviation | 4.68 | |||
Downside Deviation | 5.32 | |||
Coefficient Of Variation | 877.67 | |||
Standard Deviation | 8.87 | |||
Variance | 78.71 | |||
Information Ratio | 0.1041 | |||
Jensen Alpha | 1.28 | |||
Total Risk Alpha | (0.11) | |||
Sortino Ratio | 0.1737 | |||
Treynor Ratio | (0.28) | |||
Maximum Drawdown | 40.01 | |||
Value At Risk | (9.41) | |||
Potential Upside | 19.1 | |||
Downside Variance | 28.26 | |||
Semi Variance | 21.86 | |||
Expected Short fall | (8.43) | |||
Skewness | 2.29 | |||
Kurtosis | 7.38 |
Korian May 10, 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 Korian 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 | 0.00 | ||
Daily Balance Of Power | (Huge) | ||
Rate Of Daily Change | 0.97 | ||
Day Median Price | 3.41 | ||
Day Typical Price | 3.41 | ||
Price Action Indicator | (0.06) |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Korian. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Korian Stock analysis
When running Korian's price analysis, check to measure Korian'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 Korian is operating at the current time. Most of Korian's value examination focuses on studying past and present price action to predict the probability of Korian's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Korian's price. Additionally, you may evaluate how the addition of Korian to your portfolios can decrease your overall portfolio volatility.
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