ERSU Meyve (Turkey) Technical Analysis
ERSU Stock | TRY 41.72 2.02 4.62% |
As of the 20th of April, ERSU Meyve shows the Downside Deviation of 7.16, market risk adjusted performance of (4.35), and Mean Deviation of 6.36. ERSU Meyve ve 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 were able to interpolate nineteen technical drivers for ERSU Meyve ve, which can be compared to its peers. Please confirm ERSU Meyve ve information ratio, treynor ratio, value at risk, as well as the relationship between the jensen alpha and maximum drawdown to decide if ERSU Meyve ve is priced fairly, providing market reflects its regular price of 41.72 per share.
ERSU Meyve Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ERSU, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ERSUERSU |
ERSU Meyve 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.
ERSU Meyve ve Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 ERSU Meyve ve volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ERSU Meyve ve Trend Analysis
Use this graph to draw trend lines for ERSU Meyve ve. You can use it to identify possible trend reversals for ERSU Meyve 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 ERSU Meyve price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ERSU Meyve Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ERSU Meyve ve applied against its price change over selected period. The best fit line has a slop of 0.33 , which means ERSU Meyve ve will continue generating value for investors. It has 122 observation points and a regression sum of squares at 4114.88, which is the sum of squared deviations for the predicted ERSU Meyve price change compared to its average price change.About ERSU Meyve 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 ERSU Meyve ve 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 ERSU Meyve ve based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ERSU Meyve ve price pattern first instead of the macroeconomic environment surrounding ERSU Meyve ve. By analyzing ERSU Meyve'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 ERSU Meyve'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 ERSU Meyve specific price patterns or momentum indicators. Please read more on our technical analysis page.
ERSU Meyve April 20, 2024 Technical Indicators
Most technical analysis of ERSU 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 ERSU from various momentum indicators to cycle indicators. When you analyze ERSU 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 | 0.1788 | |||
Market Risk Adjusted Performance | (4.35) | |||
Mean Deviation | 6.36 | |||
Semi Deviation | 6.11 | |||
Downside Deviation | 7.16 | |||
Coefficient Of Variation | 360.56 | |||
Standard Deviation | 7.21 | |||
Variance | 51.97 | |||
Information Ratio | 0.2655 | |||
Jensen Alpha | 2.02 | |||
Total Risk Alpha | 1.1 | |||
Sortino Ratio | 0.2673 | |||
Treynor Ratio | (4.36) | |||
Maximum Drawdown | 20.0 | |||
Value At Risk | (9.97) | |||
Potential Upside | 9.99 | |||
Downside Variance | 51.29 | |||
Semi Variance | 37.32 | |||
Expected Short fall | (7.07) | |||
Skewness | (0.35) | |||
Kurtosis | (1.31) |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ERSU Meyve ve. 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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for ERSU Stock analysis
When running ERSU Meyve's price analysis, check to measure ERSU Meyve'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 ERSU Meyve is operating at the current time. Most of ERSU Meyve's value examination focuses on studying past and present price action to predict the probability of ERSU Meyve's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ERSU Meyve's price. Additionally, you may evaluate how the addition of ERSU Meyve to your portfolios can decrease your overall portfolio volatility.
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