Affimed Nv Stock Technical Analysis
AFMD Stock | USD 4.88 0.47 8.79% |
As of the 25th of April, Affimed NV shows the mean deviation of 3.82, and Risk Adjusted Performance of 0.0075. Affimed NV 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 collected data for thirteen technical drivers for Affimed NV, which can be compared to its peers. Please confirm Affimed NV standard deviation, as well as the relationship between the treynor ratio and potential upside to decide if Affimed NV is priced correctly, providing market reflects its regular price of 4.88 per share. Given that Affimed NV has information ratio of (0.02), we suggest you to validate Affimed NV's prevailing market performance to make sure the company can sustain itself at a future point.
Affimed NV Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Affimed, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AffimedAffimed |
Affimed NV Analyst Consensus
Target Price | Advice | # of Analysts | |
6.04 | Strong Buy | 8 | Odds |
Most Affimed analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Affimed stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Affimed NV, talking to its executives and customers, or listening to Affimed conference calls.
Affimed NV 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.
Affimed NV Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-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 Affimed NV volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Affimed NV Trend Analysis
Use this graph to draw trend lines for Affimed NV. You can use it to identify possible trend reversals for Affimed NV 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 Affimed NV price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Affimed NV Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Affimed NV applied against its price change over selected period. The best fit line has a slop of 0.0016 , which may suggest that Affimed NV market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.1, which is the sum of squared deviations for the predicted Affimed NV price change compared to its average price change.About Affimed NV 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 Affimed NV 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 Affimed NV based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Affimed NV price pattern first instead of the macroeconomic environment surrounding Affimed NV. By analyzing Affimed NV'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 Affimed NV'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 Affimed NV specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Graham Number | 35.1 | 38.21 | 24.85 | 45.14 | Receivables Turnover | 8.39 | 15.33 | 1.55 | 1.48 |
Affimed NV April 25, 2024 Technical Indicators
Most technical analysis of Affimed 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 Affimed from various momentum indicators to cycle indicators. When you analyze Affimed 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 | 0.0075 | |||
Market Risk Adjusted Performance | (0.01) | |||
Mean Deviation | 3.82 | |||
Coefficient Of Variation | (47,505) | |||
Standard Deviation | 5.36 | |||
Variance | 28.69 | |||
Information Ratio | (0.02) | |||
Jensen Alpha | (0.13) | |||
Total Risk Alpha | (0.75) | |||
Treynor Ratio | (0.02) | |||
Maximum Drawdown | 26.09 | |||
Value At Risk | (8.62) | |||
Potential Upside | 7.84 | |||
Skewness | 0.5708 | |||
Kurtosis | 2.88 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Affimed NV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For information on how to trade Affimed Stock refer to our How to Trade Affimed Stock guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Affimed Stock analysis
When running Affimed NV's price analysis, check to measure Affimed NV'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 Affimed NV is operating at the current time. Most of Affimed NV's value examination focuses on studying past and present price action to predict the probability of Affimed NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Affimed NV's price. Additionally, you may evaluate how the addition of Affimed NV to your portfolios can decrease your overall portfolio volatility.
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Is Affimed NV's 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 Affimed NV. If investors know Affimed 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 Affimed NV listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (7.56) | Revenue Per Share 0.931 | Quarterly Revenue Growth (0.58) | Return On Assets (0.43) | Return On Equity (1.01) |
The market value of Affimed NV is measured differently than its book value, which is the value of Affimed that is recorded on the company's balance sheet. Investors also form their own opinion of Affimed NV's value that differs from its market value or its book value, called intrinsic value, which is Affimed NV's 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 Affimed NV's market value can be influenced by many factors that don't directly affect Affimed NV's 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 Affimed NV's value and its price as these two are different measures arrived at by different means. Investors typically determine if Affimed NV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Affimed NV'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.