Lanxess Ag Stock Technical Analysis
| LNXSF Stock | USD 28.12 0.48 1.68% |
As of the 19th of April, Lanxess AG secures the Standard Deviation of 2.22, mean deviation of 0.9948, and Risk Adjusted Performance of (0.03). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Lanxess AG, 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 are able to interpolate and collect thirteen technical drivers for Lanxess AG, which can be compared to its peers in the industry. Please verify Lanxess AG information ratio and skewness to decide if Lanxess AG is priced some-what accurately, providing market reflects its recent price of 28.12 per share. Given that Lanxess AG has information ratio of (0.09), we recommend you to check Lanxess AG's last-minute market performance to make sure the company can sustain itself at a future point.
Lanxess AG Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Lanxess, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to LanxessLanxess |
Lanxess AG 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.
Lanxess AG Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Lanxess AG volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Lanxess AG Trend Analysis
Use this graph to draw trend lines for Lanxess AG. You can use it to identify possible trend reversals for Lanxess AG 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 Lanxess AG price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Lanxess AG Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Lanxess AG applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Lanxess AG will continue generating value for investors. It has 122 observation points and a regression sum of squares at 22.89, which is the sum of squared deviations for the predicted Lanxess AG price change compared to its average price change.About Lanxess AG 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 Lanxess 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 Lanxess AG based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Lanxess AG price pattern first instead of the macroeconomic environment surrounding Lanxess AG. By analyzing Lanxess AG'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 Lanxess AG'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 Lanxess AG specific price patterns or momentum indicators. Please read more on our technical analysis page.
Lanxess AG April 19, 2024 Technical Indicators
Most technical analysis of Lanxess 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 Lanxess from various momentum indicators to cycle indicators. When you analyze Lanxess 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 | (0.03) | |||
| Market Risk Adjusted Performance | 0.2964 | |||
| Mean Deviation | 0.9948 | |||
| Coefficient Of Variation | (1,815) | |||
| Standard Deviation | 2.22 | |||
| Variance | 4.94 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | 0.2864 | |||
| Maximum Drawdown | 12.32 | |||
| Value At Risk | (2.39) | |||
| Potential Upside | 3.74 | |||
| Skewness | (1.83) | |||
| Kurtosis | 15.15 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lanxess 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 state. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for Lanxess Pink Sheet analysis
When running Lanxess AG's price analysis, check to measure Lanxess AG'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 Lanxess AG is operating at the current time. Most of Lanxess AG's value examination focuses on studying past and present price action to predict the probability of Lanxess AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lanxess AG's price. Additionally, you may evaluate how the addition of Lanxess AG to your portfolios can decrease your overall portfolio volatility.
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