Mangels Industrial (Brazil) Technical Analysis
| MGEL4 Preferred Stock | BRL 17.89 0.45 2.58% |
As of the 18th of April 2024, Mangels Industrial secures the Downside Deviation of 4.37, mean deviation of 2.76, and Risk Adjusted Performance of 0.0683. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mangels Industrial, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Mangels Industrial, which can be compared to its peers in the industry. Please verify Mangels Industrial jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if Mangels Industrial SA is priced some-what accurately, providing market reflects its recent price of 17.89 per share.
Mangels Industrial Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Mangels, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MangelsMangels |
Mangels Industrial technical preferred 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, preferred stock market cycles, or different charting patterns.
Mangels Industrial Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. 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 Mangels Industrial volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Mangels Industrial Trend Analysis
Use this graph to draw trend lines for Mangels Industrial SA. You can use it to identify possible trend reversals for Mangels Industrial 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 Mangels Industrial price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Mangels Industrial Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Mangels Industrial SA applied against its price change over selected period. The best fit line has a slop of 0.08 , which means Mangels Industrial SA will continue generating value for investors. It has 122 observation points and a regression sum of squares at 222.15, which is the sum of squared deviations for the predicted Mangels Industrial price change compared to its average price change.About Mangels Industrial 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 Mangels Industrial SA 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 Mangels Industrial SA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Mangels Industrial price pattern first instead of the macroeconomic environment surrounding Mangels Industrial. By analyzing Mangels Industrial'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 Mangels Industrial'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 Mangels Industrial specific price patterns or momentum indicators. Please read more on our technical analysis page.
Mangels Industrial April 18, 2024 Technical Indicators
Most technical analysis of Mangels 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 Mangels from various momentum indicators to cycle indicators. When you analyze Mangels 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 | 0.0683 | |||
| Market Risk Adjusted Performance | 46.62 | |||
| Mean Deviation | 2.76 | |||
| Semi Deviation | 3.46 | |||
| Downside Deviation | 4.37 | |||
| Coefficient Of Variation | 1054.03 | |||
| Standard Deviation | 4.13 | |||
| Variance | 17.09 | |||
| Information Ratio | 0.0815 | |||
| Jensen Alpha | 0.3818 | |||
| Total Risk Alpha | 0.084 | |||
| Sortino Ratio | 0.0771 | |||
| Treynor Ratio | 46.61 | |||
| Maximum Drawdown | 25.17 | |||
| Value At Risk | (6.93) | |||
| Potential Upside | 7.43 | |||
| Downside Variance | 19.05 | |||
| Semi Variance | 11.96 | |||
| Expected Short fall | (3.53) | |||
| Skewness | 0.1553 | |||
| Kurtosis | 2.38 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mangels Industrial SA. 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. Note that the Mangels Industrial information on this page should be used as a complementary analysis to other Mangels Industrial'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 the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Mangels Preferred Stock analysis
When running Mangels Industrial's price analysis, check to measure Mangels Industrial'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 Mangels Industrial is operating at the current time. Most of Mangels Industrial's value examination focuses on studying past and present price action to predict the probability of Mangels Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mangels Industrial's price. Additionally, you may evaluate how the addition of Mangels Industrial to your portfolios can decrease your overall portfolio volatility.
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