Prysmian Spa Stock Technical Analysis
| PRYMF Stock | USD 54.00 3.90 7.78% |
As of the 19th of April, Prysmian SpA holds the Semi Deviation of 4.03, risk adjusted performance of 0.0576, and Coefficient Of Variation of 1258.64. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Prysmian SpA, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We have collected data for nineteen technical drivers for Prysmian SpA, which can be compared to its competitors. Please check Prysmian SpA coefficient of variation, as well as the relationship between the treynor ratio and semi variance to decide if Prysmian SpA is priced some-what accurately, providing market reflects its current price of 54.0 per share. Given that Prysmian SpA has jensen alpha of 0.2878, we recommend you to check out Prysmian SpA's recent market performance to make sure the company can sustain itself at a future point.
Prysmian SpA Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Prysmian, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PrysmianPrysmian |
Prysmian SpA 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.
Prysmian SpA Technical Analysis
The output start index for this execution was fifty with a total number of output elements of eleven. 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 Prysmian SpA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Prysmian SpA Trend Analysis
Use this graph to draw trend lines for Prysmian SpA. You can use it to identify possible trend reversals for Prysmian SpA 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 Prysmian SpA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Prysmian SpA Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Prysmian SpA applied against its price change over selected period. The best fit line has a slop of 0.18 , which means Prysmian SpA will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1226.67, which is the sum of squared deviations for the predicted Prysmian SpA price change compared to its average price change.About Prysmian SpA 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 Prysmian SpA 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 Prysmian SpA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Prysmian SpA price pattern first instead of the macroeconomic environment surrounding Prysmian SpA. By analyzing Prysmian SpA'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 Prysmian SpA'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 Prysmian SpA specific price patterns or momentum indicators. Please read more on our technical analysis page.
Prysmian SpA April 19, 2024 Technical Indicators
Most technical analysis of Prysmian 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 Prysmian from various momentum indicators to cycle indicators. When you analyze Prysmian 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.
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0576 | |||
| Market Risk Adjusted Performance | 0.5698 | |||
| Mean Deviation | 3.07 | |||
| Semi Deviation | 4.03 | |||
| Downside Deviation | 5.15 | |||
| Coefficient Of Variation | 1258.64 | |||
| Standard Deviation | 4.17 | |||
| Variance | 17.4 | |||
| Information Ratio | 0.063 | |||
| Jensen Alpha | 0.2878 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.051 | |||
| Treynor Ratio | 0.5598 | |||
| Maximum Drawdown | 19.38 | |||
| Value At Risk | (7.40) | |||
| Potential Upside | 6.51 | |||
| Downside Variance | 26.51 | |||
| Semi Variance | 16.23 | |||
| Expected Short fall | (3.31) | |||
| Skewness | (0.13) | |||
| Kurtosis | 0.0574 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prysmian SpA. 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. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Prysmian Pink Sheet analysis
When running Prysmian SpA's price analysis, check to measure Prysmian SpA'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 Prysmian SpA is operating at the current time. Most of Prysmian SpA's value examination focuses on studying past and present price action to predict the probability of Prysmian SpA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prysmian SpA's price. Additionally, you may evaluate how the addition of Prysmian SpA to your portfolios can decrease your overall portfolio volatility.
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