Alpha Trust (Greece) Technical Analysis
| ANDRO Stock | EUR 6.96 0.08 1.16% |
As of the 16th of April 2024, Alpha Trust shows the Mean Deviation of 0.6218, downside deviation of 1.1, and Risk Adjusted Performance of 0.0451. Alpha Trust Andromeda technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates 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 break down and interpolate data for nineteen technical drivers for Alpha Trust Andromeda, which can be compared to its peers. Please confirm Alpha Trust Andromeda coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if Alpha Trust Andromeda is priced correctly, providing market reflects its regular price of 6.96 per share.
Alpha Trust Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Alpha, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AlphaAlpha |
Alpha Trust 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.
Alpha Trust Andromeda 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 Alpha Trust Andromeda volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Alpha Trust Andromeda Trend Analysis
Use this graph to draw trend lines for Alpha Trust Andromeda. You can use it to identify possible trend reversals for Alpha Trust 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 Alpha Trust price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Alpha Trust Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Alpha Trust Andromeda applied against its price change over selected period. The best fit line has a slop of 0 , which means Alpha Trust Andromeda will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.23, which is the sum of squared deviations for the predicted Alpha Trust price change compared to its average price change.About Alpha Trust 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 Alpha Trust Andromeda 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 Alpha Trust Andromeda based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Alpha Trust Andromeda price pattern first instead of the macroeconomic environment surrounding Alpha Trust Andromeda. By analyzing Alpha Trust'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 Alpha Trust'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 Alpha Trust specific price patterns or momentum indicators. Please read more on our technical analysis page.
Alpha Trust April 16, 2024 Technical Indicators
Most technical analysis of Alpha 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 Alpha from various momentum indicators to cycle indicators. When you analyze Alpha 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 | 0.0451 | |||
| Market Risk Adjusted Performance | (0.28) | |||
| Mean Deviation | 0.6218 | |||
| Semi Deviation | 0.7619 | |||
| Downside Deviation | 1.1 | |||
| Coefficient Of Variation | 1471.79 | |||
| Standard Deviation | 0.8331 | |||
| Variance | 0.6941 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | 0.0552 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.29) | |||
| Maximum Drawdown | 3.77 | |||
| Value At Risk | (1.44) | |||
| Potential Upside | 1.19 | |||
| Downside Variance | 1.21 | |||
| Semi Variance | 0.5805 | |||
| Expected Short fall | (0.76) | |||
| Skewness | (0.38) | |||
| Kurtosis | 0.0219 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alpha Trust Andromeda. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Alpha Stock analysis
When running Alpha Trust's price analysis, check to measure Alpha Trust'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 Alpha Trust is operating at the current time. Most of Alpha Trust's value examination focuses on studying past and present price action to predict the probability of Alpha Trust's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alpha Trust's price. Additionally, you may evaluate how the addition of Alpha Trust to your portfolios can decrease your overall portfolio volatility.
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