Addex Therapeutics Stock Technical Analysis

ADXN Stock  USD 22.00  0.60  2.65%   
As of the 18th of April 2024, Addex Therapeutics shows the risk adjusted performance of 0.1713, and Mean Deviation of 5.5. Addex Therapeutics 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 have analyzed and interpolated nineteen technical drivers for Addex Therapeutics, which can be compared to its peers. Please confirm Addex Therapeutics standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if Addex Therapeutics is priced correctly, providing market reflects its regular price of 22.0 per share. Given that Addex Therapeutics has jensen alpha of 1.96, we suggest you to validate Addex Therapeutics's prevailing market performance to make sure the company can sustain itself at a future point.

Addex Therapeutics Momentum Analysis

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

Addex Therapeutics Technical Analysis

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The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Addex Therapeutics volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Addex Therapeutics Trend Analysis

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

Addex Therapeutics Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Addex Therapeutics applied against its price change over selected period. The best fit line has a slop of   0.21  , which means Addex Therapeutics will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1650.8, which is the sum of squared deviations for the predicted Addex Therapeutics price change compared to its average price change.

About Addex Therapeutics 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 Addex Therapeutics 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 Addex Therapeutics based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Addex Therapeutics price pattern first instead of the macroeconomic environment surrounding Addex Therapeutics. By analyzing Addex Therapeutics'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 Addex Therapeutics'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 Addex Therapeutics specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2022 2023 2024 (projected)
Dividend Yield5.84E-45.26E-42.74E-4
Price To Sales Ratio369.95332.96316.31

Addex Therapeutics April 18, 2024 Technical Indicators

Most technical analysis of Addex 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 Addex from various momentum indicators to cycle indicators. When you analyze Addex 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.
When determining whether Addex Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Addex Therapeutics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Addex Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Addex Therapeutics Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Addex Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
To learn how to invest in Addex Stock, please use our How to Invest in Addex Therapeutics guide.
You can also try the Positions Ratings module to 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.

Complementary Tools for Addex Stock analysis

When running Addex Therapeutics' price analysis, check to measure Addex Therapeutics' 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 Addex Therapeutics is operating at the current time. Most of Addex Therapeutics' value examination focuses on studying past and present price action to predict the probability of Addex Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Addex Therapeutics' price. Additionally, you may evaluate how the addition of Addex Therapeutics to your portfolios can decrease your overall portfolio volatility.
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Is Addex Therapeutics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Addex Therapeutics. If investors know Addex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Addex Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(19.70)
Revenue Per Share
3.72
Quarterly Revenue Growth
(0.21)
Return On Assets
(0.75)
Return On Equity
(1.91)
The market value of Addex Therapeutics is measured differently than its book value, which is the value of Addex that is recorded on the company's balance sheet. Investors also form their own opinion of Addex Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Addex Therapeutics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Addex Therapeutics' market value can be influenced by many factors that don't directly affect Addex Therapeutics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Addex Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Addex Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Addex Therapeutics' 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.