APPLIED OPTOELECTR (Germany) Technical Analysis
A59 Stock | EUR 10.30 1.00 8.85% |
As of the 24th of April, APPLIED OPTOELECTR shows the risk adjusted performance of (0.02), and Mean Deviation of 4.43. APPLIED OPTOELECTR technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates 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 were able to interpolate thirteen technical drivers for APPLIED OPTOELECTR, which can be compared to its peers. Please confirm APPLIED OPTOELECTR information ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk to decide if APPLIED OPTOELECTR is priced some-what accurately, providing market reflects its regular price of 10.3 per share.
APPLIED OPTOELECTR Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as APPLIED, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to APPLIEDAPPLIED |
APPLIED OPTOELECTR 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.
APPLIED OPTOELECTR Technical Analysis
The output start index for this execution was thirty with a total number of output elements of thirty-one. 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 APPLIED OPTOELECTR volatility. High ATR values indicate high volatility, and low values indicate low volatility.
APPLIED OPTOELECTR Trend Analysis
Use this graph to draw trend lines for APPLIED OPTOELECTR. You can use it to identify possible trend reversals for APPLIED OPTOELECTR 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 APPLIED OPTOELECTR price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.APPLIED OPTOELECTR Best Fit Change Line
The following chart estimates an ordinary least squares regression model for APPLIED OPTOELECTR applied against its price change over selected period. The best fit line has a slop of 0.13 , which may suggest that APPLIED OPTOELECTR market price will keep on failing further. It has 122 observation points and a regression sum of squares at 625.61, which is the sum of squared deviations for the predicted APPLIED OPTOELECTR price change compared to its average price change.About APPLIED OPTOELECTR 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 APPLIED OPTOELECTR 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 APPLIED OPTOELECTR based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on APPLIED OPTOELECTR price pattern first instead of the macroeconomic environment surrounding APPLIED OPTOELECTR. By analyzing APPLIED OPTOELECTR'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 APPLIED OPTOELECTR'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 APPLIED OPTOELECTR specific price patterns or momentum indicators. Please read more on our technical analysis page.
APPLIED OPTOELECTR April 24, 2024 Technical Indicators
Most technical analysis of APPLIED 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 APPLIED from various momentum indicators to cycle indicators. When you analyze APPLIED 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 | (0.02) | |||
Market Risk Adjusted Performance | 0.694 | |||
Mean Deviation | 4.43 | |||
Coefficient Of Variation | (2,333) | |||
Standard Deviation | 6.61 | |||
Variance | 43.74 | |||
Information Ratio | (0.06) | |||
Jensen Alpha | (0.26) | |||
Total Risk Alpha | (1.20) | |||
Treynor Ratio | 0.684 | |||
Maximum Drawdown | 45.55 | |||
Value At Risk | (8.85) | |||
Potential Upside | 8.97 | |||
Skewness | (1.34) | |||
Kurtosis | 6.39 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in APPLIED OPTOELECTR. 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for APPLIED Stock analysis
When running APPLIED OPTOELECTR's price analysis, check to measure APPLIED OPTOELECTR'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 APPLIED OPTOELECTR is operating at the current time. Most of APPLIED OPTOELECTR's value examination focuses on studying past and present price action to predict the probability of APPLIED OPTOELECTR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move APPLIED OPTOELECTR's price. Additionally, you may evaluate how the addition of APPLIED OPTOELECTR to your portfolios can decrease your overall portfolio volatility.
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