SHANTA GOLD (Germany) Technical Analysis

35S Stock  EUR 0.16  0.01  5.88%   
As of the 5th of May, SHANTA GOLD owns the risk adjusted performance of 0.0541, and Downside Deviation of 7.75. SHANTA GOLD technical analysis provides you with a way to harness past data patterns to determine a pattern that measures the direction of the company's future prices. Strictly speaking, you can use this information to find out if the company will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for SHANTA GOLD, which can be compared to its peers in the sector. Please validate SHANTA GOLD semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation to decide if SHANTA GOLD is priced fairly, providing market reflects its prevailing price of 0.16 per share.

SHANTA GOLD Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SHANTA, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SHANTA
  
SHANTA GOLD's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
SHANTA GOLD 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.
A focus of SHANTA GOLD technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SHANTA GOLD 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...

SHANTA GOLD Technical Analysis

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The output start index for this execution was five with a total number of output elements of fifty-six. 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 SHANTA GOLD volatility. High ATR values indicate high volatility, and low values indicate low volatility.

SHANTA GOLD Trend Analysis

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

SHANTA GOLD Best Fit Change Line

The following chart estimates an ordinary least squares regression model for SHANTA GOLD applied against its price change over selected period. The best fit line has a slop of   0.0004  , which means SHANTA GOLD will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted SHANTA GOLD price change compared to its average price change.

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

SHANTA GOLD May 5, 2024 Technical Indicators

Most technical analysis of SHANTA 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 SHANTA from various momentum indicators to cycle indicators. When you analyze SHANTA 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SHANTA GOLD . Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for SHANTA Stock analysis

When running SHANTA GOLD's price analysis, check to measure SHANTA GOLD'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 SHANTA GOLD is operating at the current time. Most of SHANTA GOLD's value examination focuses on studying past and present price action to predict the probability of SHANTA GOLD's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SHANTA GOLD's price. Additionally, you may evaluate how the addition of SHANTA GOLD to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between SHANTA GOLD's value and its price as these two are different measures arrived at by different means. Investors typically determine if SHANTA GOLD is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SHANTA GOLD'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.