Elis Sa Stock Technical Analysis
| ELSSF Stock | USD 21.70 0.00 0.00% |
As of the 25th of April, Elis SA shows the Mean Deviation of 1.62, standard deviation of 6.11, and Variance of 37.39. Elis SA 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 are able to interpolate and collect eleven technical drivers for Elis SA, which can be compared to its peers. Please confirm Elis SA coefficient of variation and maximum drawdown to decide if Elis SA is priced favorably, providing market reflects its regular price of 21.7 per share. Given that Elis SA has variance of 37.39, we urge you to verify Elis SA's prevailing market performance to make sure the company can sustain itself at a future point.
Elis SA Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Elis, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ElisElis |
Elis SA technical otc 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, otc market cycles, or different charting patterns.
Elis SA Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Elis SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Elis SA Trend Analysis
Use this graph to draw trend lines for Elis SA. You can use it to identify possible trend reversals for Elis SA 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 Elis SA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Elis SA Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Elis SA applied against its price change over selected period. The best fit line has a slop of 0.14 , which means Elis SA will continue generating value for investors. It has 122 observation points and a regression sum of squares at 734.8, which is the sum of squared deviations for the predicted Elis SA price change compared to its average price change.About Elis SA 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 Elis SA 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 Elis SA based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Elis SA price pattern first instead of the macroeconomic environment surrounding Elis SA. By analyzing Elis SA'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 Elis SA'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 Elis SA specific price patterns or momentum indicators. Please read more on our technical analysis page.
Elis SA April 25, 2024 Technical Indicators
Most technical analysis of Elis 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 Elis from various momentum indicators to cycle indicators. When you analyze Elis 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 | 0.0759 | |||
| Market Risk Adjusted Performance | 0.7006 | |||
| Mean Deviation | 1.62 | |||
| Coefficient Of Variation | 932.34 | |||
| Standard Deviation | 6.11 | |||
| Variance | 37.39 | |||
| Information Ratio | 0.0917 | |||
| Jensen Alpha | 0.566 | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | 0.6906 | |||
| Maximum Drawdown | 58.9 | |||
| Skewness | 7.18 | |||
| Kurtosis | 56.77 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elis SA. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Elis OTC Stock analysis
When running Elis SA's price analysis, check to measure Elis SA'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 Elis SA is operating at the current time. Most of Elis SA's value examination focuses on studying past and present price action to predict the probability of Elis SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elis SA's price. Additionally, you may evaluate how the addition of Elis SA to your portfolios can decrease your overall portfolio volatility.
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