Roche Holding (Germany) Technical Analysis
| RHO6 Stock | EUR 28.63 0.63 2.25% |
As of the 18th of April 2024, Roche Holding holds the Risk Adjusted Performance of (0.05), coefficient of variation of (1,149), and Variance of 2.94. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Roche Holding, 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 were able to break down and interpolate data for thirteen technical drivers for Roche Holding, which can be compared to its competitors. Please check Roche Holding variance, treynor ratio, and the relationship between the standard deviation and information ratio to decide if Roche Holding is priced some-what accurately, providing market reflects its current price of 28.63 per share.
Roche Holding Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Roche, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RocheRoche |
Roche Holding 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.
Roche Holding Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Roche Holding volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Roche Holding Trend Analysis
Use this graph to draw trend lines for Roche Holding Ltd. You can use it to identify possible trend reversals for Roche Holding 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 Roche Holding price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Roche Holding Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Roche Holding Ltd applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that Roche Holding Ltd market price will keep on failing further. It has 122 observation points and a regression sum of squares at 28.35, which is the sum of squared deviations for the predicted Roche Holding price change compared to its average price change.About Roche Holding 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 Roche Holding Ltd 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 Roche Holding Ltd based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Roche Holding price pattern first instead of the macroeconomic environment surrounding Roche Holding. By analyzing Roche Holding'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 Roche Holding'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 Roche Holding specific price patterns or momentum indicators. Please read more on our technical analysis page.
Roche Holding April 18, 2024 Technical Indicators
Most technical analysis of Roche 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 Roche from various momentum indicators to cycle indicators. When you analyze Roche 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 | (0.05) | |||
| Market Risk Adjusted Performance | (0.61) | |||
| Mean Deviation | 1.32 | |||
| Coefficient Of Variation | (1,149) | |||
| Standard Deviation | 1.72 | |||
| Variance | 2.94 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (0.62) | |||
| Maximum Drawdown | 9.09 | |||
| Value At Risk | (3.09) | |||
| Potential Upside | 2.26 | |||
| Skewness | (0.03) | |||
| Kurtosis | 0.969 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Roche Holding Ltd. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Roche Stock analysis
When running Roche Holding's price analysis, check to measure Roche Holding'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 Roche Holding is operating at the current time. Most of Roche Holding's value examination focuses on studying past and present price action to predict the probability of Roche Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Roche Holding's price. Additionally, you may evaluate how the addition of Roche Holding to your portfolios can decrease your overall portfolio volatility.
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