Mayr Melnhof Karton Ag Stock Technical Analysis

MNHFF Stock  USD 127.13  0.00  0.00%   
As of the 19th of April, Mayr Melnhof secures the Standard Deviation of 0.5653, risk adjusted performance of (0.06), and Mean Deviation of 0.1385. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mayr Melnhof Karton, as well as the relationship between them. 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 analyze and collect data for eleven technical drivers for Mayr Melnhof, which can be compared to its peers in the industry. Please verify Mayr Melnhof Karton coefficient of variation, as well as the relationship between the total risk alpha and skewness to decide if Mayr Melnhof Karton AG is priced some-what accurately, providing market reflects its recent price of 127.13 per share. Given that Mayr Melnhof Karton has variance of 0.3196, we recommend you to check Mayr Melnhof's last-minute market performance to make sure the company can sustain itself at a future point.

Mayr Melnhof Momentum Analysis

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

Mayr Melnhof Karton Technical Analysis

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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 Mayr Melnhof Karton volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Mayr Melnhof Karton Trend Analysis

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

Mayr Melnhof Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Mayr Melnhof Karton AG applied against its price change over selected period. The best fit line has a slop of   0.11  , which may suggest that Mayr Melnhof Karton AG market price will keep on failing further. It has 122 observation points and a regression sum of squares at 419.45, which is the sum of squared deviations for the predicted Mayr Melnhof price change compared to its average price change.

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

Mayr Melnhof April 19, 2024 Technical Indicators

Most technical analysis of Mayr 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 Mayr from various momentum indicators to cycle indicators. When you analyze Mayr 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mayr Melnhof Karton AG. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Mayr Melnhof Karton information on this page should be used as a complementary analysis to other Mayr Melnhof'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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Complementary Tools for Mayr Pink Sheet analysis

When running Mayr Melnhof's price analysis, check to measure Mayr Melnhof'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 Mayr Melnhof is operating at the current time. Most of Mayr Melnhof's value examination focuses on studying past and present price action to predict the probability of Mayr Melnhof's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mayr Melnhof's price. Additionally, you may evaluate how the addition of Mayr Melnhof to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Mayr Melnhof's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mayr Melnhof is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mayr Melnhof's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.