SAIPEM OTC Stock Technical Analysis

SAPMF -  USA Stock  

USD 2.57  0.02  0.78%

As of the 23rd of October, SAIPEM SPA has the Market Risk Adjusted Performance of (0.33), risk adjusted performance of 0.0808, and Downside Deviation of 4.17. Concerning fundamental indicators, the technical analysis model makes it possible for you to check helpful technical drivers of SAIPEM SPA, as well as the relationship between them. In other words, you can use this information to find out if the entity will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We have collected data for nineteen technical drivers for SAIPEM SPA, which can be compared to its competition. Please validate SAIPEM SPA jensen alpha, as well as the relationship between the potential upside and skewness to decide if SAIPEM SPA is priced correctly, providing market reflects its prevalent price of 2.57 per share. Please also confirm SAIPEM SPA total risk alpha, which is currently at 0.1822 to double-check the company can sustain itself in the future.

SAIPEM Technical Analysis 

 
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SAIPEM SPA technical otc 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 SAIPEM SPA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SAIPEM SPA 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...

SAIPEM SPA Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of SAIPEM SPA volatility developed by Welles Wilder. View also all equity analysis or get more info about true range volatility indicators indicator.

SAIPEM SPA Trend Analysis

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

SAIPEM SPA Best Fit Change Line

The following chart estimates an ordinary least squares regression model for SAIPEM SPA applied against its price change over selected period. The best fit line has a slop of   0.004053  , which means SAIPEM SPA will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.62, which is the sum of squared deviations for the predicted SAIPEM SPA price change compared to its average price change.

About SAIPEM 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 SAIPEM 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 SAIPEM SPA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on SAIPEM SPA stock first instead of the macroeconomic environment surrounding SAIPEM SPA. By analyzing SAIPEM 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 SAIPEM 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 SAIPEM SPA specific price patterns or momentum indicators. Please read more on our technical analysis page.

SAIPEM SPA October 23, 2021 Technical Indicators

Most technical analysis of SAIPEM 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 SAIPEM from various momentum indicators to cycle indicators. When you analyze SAIPEM 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.

SAIPEM SPA October 23, 2021 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as SAIPEM stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Additionally, take a look at World Market Map. Note that the SAIPEM SPA information on this page should be used as a complementary analysis to other SAIPEM SPA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Complementary Tools for SAIPEM OTC Stock analysis

When running SAIPEM SPA price analysis, check to measure SAIPEM 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 SAIPEM SPA is operating at the current time. Most of SAIPEM SPA's value examination focuses on studying past and present price action to predict the probability of SAIPEM SPA's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move SAIPEM SPA's price. Additionally, you may evaluate how the addition of SAIPEM SPA to your portfolios can decrease your overall portfolio volatility.
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The market value of SAIPEM SPA is measured differently than its book value, which is the value of SAIPEM that is recorded on the company's balance sheet. Investors also form their own opinion of SAIPEM SPA's value that differs from its market value or its book value, called intrinsic value, which is SAIPEM SPA'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 SAIPEM SPA's market value can be influenced by many factors that don't directly affect SAIPEM SPA underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SAIPEM SPA's value and its price as these two are different measures arrived at by different means. Investors typically determine SAIPEM SPA value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SAIPEM SPA'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.