Pernod Ricard (France) Technical Analysis
| RI Stock | EUR 141.25 0.55 0.39% |
As of the 6th of May, Pernod Ricard holds the Risk Adjusted Performance of (0.07), coefficient of variation of (847.39), and Variance of 1.03. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Pernod Ricard, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate data for thirteen technical drivers for Pernod Ricard SA, which can be compared to its competitors. Please check Pernod Ricard SA information ratio, potential upside, and the relationship between the standard deviation and maximum drawdown to decide if Pernod Ricard SA is priced some-what accurately, providing market reflects its current price of 141.25 per share.
Pernod Ricard Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Pernod, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PernodPernod |
Pernod Ricard 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.
Pernod Ricard SA 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 Pernod Ricard SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Pernod Ricard SA Trend Analysis
Use this graph to draw trend lines for Pernod Ricard SA. You can use it to identify possible trend reversals for Pernod Ricard 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 Pernod Ricard price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Pernod Ricard Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Pernod Ricard SA applied against its price change over selected period. The best fit line has a slop of 0.31 , which may suggest that Pernod Ricard SA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 3741.61, which is the sum of squared deviations for the predicted Pernod Ricard price change compared to its average price change.About Pernod Ricard 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 Pernod Ricard 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 Pernod Ricard SA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Pernod Ricard SA price pattern first instead of the macroeconomic environment surrounding Pernod Ricard SA. By analyzing Pernod Ricard'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 Pernod Ricard'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 Pernod Ricard specific price patterns or momentum indicators. Please read more on our technical analysis page.
Pernod Ricard May 6, 2024 Technical Indicators
Most technical analysis of Pernod 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 Pernod from various momentum indicators to cycle indicators. When you analyze Pernod 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.
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.07) | |||
| Market Risk Adjusted Performance | 0.7019 | |||
| Mean Deviation | 0.8261 | |||
| Coefficient Of Variation | (847.39) | |||
| Standard Deviation | 1.02 | |||
| Variance | 1.03 | |||
| Information Ratio | (0.20) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | 0.6919 | |||
| Maximum Drawdown | 4.33 | |||
| Value At Risk | (1.65) | |||
| Potential Upside | 1.54 | |||
| Skewness | (0.03) | |||
| Kurtosis | (0.49) |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pernod Ricard 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 american community survey. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Pernod Stock analysis
When running Pernod Ricard's price analysis, check to measure Pernod Ricard'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 Pernod Ricard is operating at the current time. Most of Pernod Ricard's value examination focuses on studying past and present price action to predict the probability of Pernod Ricard's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pernod Ricard's price. Additionally, you may evaluate how the addition of Pernod Ricard to your portfolios can decrease your overall portfolio volatility.
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