Yit Oyj Adr Stock Technical Analysis
| YITYY Stock | USD 1.02 0.00 0.00% |
As of the 24th of April, Yit Oyj maintains the Standard Deviation of 3.81, mean deviation of 0.8151, and Market Risk Adjusted Performance of 0.118. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Yit Oyj ADR, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We have analyzed and interpolated eleven technical drivers for Yit Oyj ADR, which can be compared to its peers. Please check out Yit Oyj ADR coefficient of variation, as well as the relationship between the total risk alpha and skewness to decide if Yit Oyj ADR is priced fairly, providing market reflects its latest price of 1.02 per share. Given that Yit Oyj ADR is a hitting penny stock territory we urge to closely look at its information ratio.
Yit Oyj Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Yit, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to YitYit |
Yit Oyj 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.
Yit Oyj ADR Technical Analysis
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 Yit Oyj ADR volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Yit Oyj ADR Trend Analysis
Use this graph to draw trend lines for Yit Oyj ADR. You can use it to identify possible trend reversals for Yit Oyj 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 Yit Oyj price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Yit Oyj Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Yit Oyj ADR applied against its price change over selected period. The best fit line has a slop of 0.001 , which may suggest that Yit Oyj ADR market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.03, which is the sum of squared deviations for the predicted Yit Oyj price change compared to its average price change.About Yit Oyj 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 Yit Oyj ADR 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 Yit Oyj ADR based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Yit Oyj ADR price pattern first instead of the macroeconomic environment surrounding Yit Oyj ADR. By analyzing Yit Oyj'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 Yit Oyj'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 Yit Oyj specific price patterns or momentum indicators. Please read more on our technical analysis page.
Yit Oyj April 24, 2024 Technical Indicators
Most technical analysis of Yit 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 Yit from various momentum indicators to cycle indicators. When you analyze Yit 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) | |||
| Market Risk Adjusted Performance | 0.118 | |||
| Mean Deviation | 0.8151 | |||
| Coefficient Of Variation | (6,465) | |||
| Standard Deviation | 3.81 | |||
| Variance | 14.49 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.59) | |||
| Treynor Ratio | 0.108 | |||
| Maximum Drawdown | 29.64 | |||
| Skewness | (4.96) | |||
| Kurtosis | 40.71 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yit Oyj ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Yit Pink Sheet analysis
When running Yit Oyj's price analysis, check to measure Yit Oyj'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 Yit Oyj is operating at the current time. Most of Yit Oyj's value examination focuses on studying past and present price action to predict the probability of Yit Oyj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yit Oyj's price. Additionally, you may evaluate how the addition of Yit Oyj to your portfolios can decrease your overall portfolio volatility.
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |