Eurofins Scientific Se Stock Technical Analysis
| ERFSF Stock | USD 59.96 0.27 0.45% |
As of the 6th of May, Eurofins Scientific shows the Downside Deviation of 3.11, coefficient of variation of 23288.34, and Mean Deviation of 1.97. Eurofins Scientific technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We are able to interpolate and collect nineteen technical drivers for Eurofins Scientific SE, which can be compared to its peers. Please confirm Eurofins Scientific treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Eurofins Scientific is priced favorably, providing market reflects its regular price of 59.96 per share. Given that Eurofins Scientific has jensen alpha of (0.03), we urge you to verify Eurofins Scientific SE's prevailing market performance to make sure the company can sustain itself at a future point.
Eurofins Scientific Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Eurofins, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EurofinsEurofins |
Eurofins Scientific 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.
Eurofins Scientific Technical Analysis
The output start index for this execution was nine with a total number of output elements of fifty-two. 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 Eurofins Scientific volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Eurofins Scientific Trend Analysis
Use this graph to draw trend lines for Eurofins Scientific SE. You can use it to identify possible trend reversals for Eurofins Scientific 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 Eurofins Scientific price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Eurofins Scientific Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Eurofins Scientific SE applied against its price change over selected period. The best fit line has a slop of 0.04 , which means Eurofins Scientific SE will continue generating value for investors. It has 122 observation points and a regression sum of squares at 60.19, which is the sum of squared deviations for the predicted Eurofins Scientific price change compared to its average price change.About Eurofins Scientific 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 Eurofins Scientific SE 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 Eurofins Scientific SE based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Eurofins Scientific price pattern first instead of the macroeconomic environment surrounding Eurofins Scientific. By analyzing Eurofins Scientific'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 Eurofins Scientific'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 Eurofins Scientific specific price patterns or momentum indicators. Please read more on our technical analysis page.
Eurofins Scientific May 6, 2024 Technical Indicators
Most technical analysis of Eurofins 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 Eurofins from various momentum indicators to cycle indicators. When you analyze Eurofins 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 | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0104 | |||
| Market Risk Adjusted Performance | 0.0135 | |||
| Mean Deviation | 1.97 | |||
| Semi Deviation | 3.01 | |||
| Downside Deviation | 3.11 | |||
| Coefficient Of Variation | 23288.34 | |||
| Standard Deviation | 2.73 | |||
| Variance | 7.45 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0035 | |||
| Maximum Drawdown | 14.63 | |||
| Value At Risk | (5.80) | |||
| Potential Upside | 4.0 | |||
| Downside Variance | 9.65 | |||
| Semi Variance | 9.03 | |||
| Expected Short fall | (1.98) | |||
| Skewness | (0.86) | |||
| Kurtosis | 1.73 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eurofins Scientific SE. 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for Eurofins Pink Sheet analysis
When running Eurofins Scientific's price analysis, check to measure Eurofins Scientific'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 Eurofins Scientific is operating at the current time. Most of Eurofins Scientific's value examination focuses on studying past and present price action to predict the probability of Eurofins Scientific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eurofins Scientific's price. Additionally, you may evaluate how the addition of Eurofins Scientific to your portfolios can decrease your overall portfolio volatility.
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