Siemens Gamesa Renewable Stock Technical Analysis

GCTAFDelisted Stock  USD 14.70  1.69  12.99%   
As of the 24th of April, Siemens Gamesa has the Coefficient Of Variation of 33188.24, semi deviation of 8.08, and Risk Adjusted Performance of 0.0112. Siemens Gamesa technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. 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 analyze nineteen technical drivers for Siemens Gamesa Renewable, which can be compared to its competition. Please validate Siemens Gamesa Renewable coefficient of variation, maximum drawdown, skewness, as well as the relationship between the information ratio and downside variance to decide if Siemens Gamesa is priced more or less accurately, providing market reflects its prevalent price of 14.7 per share. Given that Siemens Gamesa Renewable has jensen alpha of (0.10), we advise you to double-check Siemens Gamesa Renewable's current market performance to make sure the company can sustain itself at a future point.

Siemens Gamesa Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Siemens, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Siemens
  
Siemens Gamesa'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.
Siemens Gamesa 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 Siemens Gamesa technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Siemens Gamesa 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...

Siemens Gamesa Renewable Technical Analysis

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Siemens Gamesa Renewable Trend Analysis

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

Siemens Gamesa Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Siemens Gamesa Renewable applied against its price change over selected period. The best fit line has a slop of   0.13  , which may suggest that Siemens Gamesa Renewable market price will keep on failing further. It has 122 observation points and a regression sum of squares at 602.4, which is the sum of squared deviations for the predicted Siemens Gamesa price change compared to its average price change.

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

Siemens Gamesa April 24, 2024 Technical Indicators

Most technical analysis of Siemens 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 Siemens from various momentum indicators to cycle indicators. When you analyze Siemens 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 Risk vs Return Analysis 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 nation.
Note that the Siemens Gamesa Renewable information on this page should be used as a complementary analysis to other Siemens Gamesa's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Other Consideration for investing in Siemens Pink Sheet

If you are still planning to invest in Siemens Gamesa Renewable 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 Siemens Gamesa's history and understand the potential risks before investing.
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