Geox Spa Adr Stock Technical Analysis

GXSBY Stock  USD 0.65  0.00  0.00%   
As of the 6th of May, Geox SpA retains the Market Risk Adjusted Performance of 0.4457, standard deviation of 2.9, and Risk Adjusted Performance of (0.07). Geox SpA technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We have analyzed eleven technical drivers for Geox SpA ADR, which can be compared to its competitors. Please check out Geox SpA ADR risk adjusted performance and total risk alpha to decide if Geox SpA is priced fairly, providing market reflects its last-minute price of 0.65 per share. As Geox SpA ADR is a penny stock we also advise to confirm its information ratio numbers.

Geox SpA Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Geox, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Geox
  
Geox SpA's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Geox SpA 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.
A focus of Geox SpA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Geox SpA trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Geox SpA ADR Technical Analysis

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The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 Geox SpA ADR volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Geox SpA ADR Trend Analysis

Use this graph to draw trend lines for Geox SpA ADR. You can use it to identify possible trend reversals for Geox SpA 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 Geox SpA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Geox SpA Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Geox SpA ADR applied against its price change over selected period. The best fit line has a slop of   0.0012  , which may suggest that Geox SpA ADR market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.05, which is the sum of squared deviations for the predicted Geox SpA price change compared to its average price change.

About Geox SpA 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 Geox SpA ADR 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 Geox SpA ADR based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Geox SpA ADR price pattern first instead of the macroeconomic environment surrounding Geox SpA ADR. By analyzing Geox SpA'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 Geox SpA'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 Geox SpA specific price patterns or momentum indicators. Please read more on our technical analysis page.

Geox SpA May 6, 2024 Technical Indicators

Most technical analysis of Geox 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 Geox from various momentum indicators to cycle indicators. When you analyze Geox 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.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Geox SpA ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Geox SpA ADR information on this page should be used as a complementary analysis to other Geox SpA'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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for Geox Pink Sheet analysis

When running Geox SpA's price analysis, check to measure Geox SpA'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 Geox SpA is operating at the current time. Most of Geox SpA's value examination focuses on studying past and present price action to predict the probability of Geox SpA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Geox SpA's price. Additionally, you may evaluate how the addition of Geox SpA to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Geox SpA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Geox SpA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Geox SpA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.