UNIQA Insurance (Austria) Technical Analysis

UQA Stock  EUR 8.25  0.05  0.61%   
As of the 3rd of June, UNIQA Insurance has the coefficient of variation of 1199.17, and Risk Adjusted Performance of 0.0486. In connection with fundamental indicators, the technical analysis model makes it possible for you to check practical technical drivers of UNIQA Insurance Group, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to analyze nineteen technical drivers for UNIQA Insurance Group, which can be compared to its competition. Please validate UNIQA Insurance Group jensen alpha, as well as the relationship between the potential upside and skewness to decide if UNIQA Insurance is priced adequately, providing market reflects its prevalent price of 8.25 per share.

UNIQA Insurance Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as UNIQA, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to UNIQA
  
UNIQA Insurance'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.
UNIQA Insurance 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.
A focus of UNIQA Insurance technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of UNIQA Insurance 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...

UNIQA Insurance Group Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 UNIQA Insurance Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.

UNIQA Insurance Group Trend Analysis

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

UNIQA Insurance Best Fit Change Line

The following chart estimates an ordinary least squares regression model for UNIQA Insurance Group applied against its price change over selected period. The best fit line has a slop of    , which means UNIQA Insurance Group will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.92, which is the sum of squared deviations for the predicted UNIQA Insurance price change compared to its average price change.

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

UNIQA Insurance June 3, 2024 Technical Indicators

Most technical analysis of UNIQA 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 UNIQA from various momentum indicators to cycle indicators. When you analyze UNIQA 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.

UNIQA Insurance June 3, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as UNIQA stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in UNIQA Insurance Group. 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.
Note that the UNIQA Insurance Group information on this page should be used as a complementary analysis to other UNIQA Insurance'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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Complementary Tools for UNIQA Stock analysis

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