NORSKE SKOG (Germany) Technical Analysis
| 0BQ Stock | EUR 1.50 0.06 3.85% |
As of the 31st of January, NORSKE SKOG secures the Mean Deviation of 3.2, market risk adjusted performance of 1.13, and Risk Adjusted Performance of (0.05). NORSKE SKOG AS technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Please verify NORSKE SKOG AS treynor ratio, value at risk, and the relationship between the information ratio and maximum drawdown to decide if NORSKE SKOG AS is priced more or less accurately, providing market reflects its recent price of 1.5 per share.
NORSKE SKOG Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as NORSKE, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NORSKENORSKE |
NORSKE SKOG 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.
NORSKE SKOG AS Technical Analysis
The output start index for this execution was fourty-five with a total number of output elements of sixteen. 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 NORSKE SKOG AS volatility. High ATR values indicate high volatility, and low values indicate low volatility.
NORSKE SKOG AS Trend Analysis
Use this graph to draw trend lines for NORSKE SKOG AS. You can use it to identify possible trend reversals for NORSKE SKOG 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 NORSKE SKOG price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.NORSKE SKOG Best Fit Change Line
The following chart estimates an ordinary least squares regression model for NORSKE SKOG AS applied against its price change over selected period. The best fit line has a slop of 0.0003 , which may suggest that NORSKE SKOG AS market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted NORSKE SKOG price change compared to its average price change.About NORSKE SKOG 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 NORSKE SKOG AS 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 NORSKE SKOG AS based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on NORSKE SKOG AS price pattern first instead of the macroeconomic environment surrounding NORSKE SKOG AS. By analyzing NORSKE SKOG'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 NORSKE SKOG'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 NORSKE SKOG specific price patterns or momentum indicators. Please read more on our technical analysis page.
NORSKE SKOG January 31, 2025 Technical Indicators
Most technical analysis of NORSKE 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 NORSKE from various momentum indicators to cycle indicators. When you analyze NORSKE 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 | (0.05) | |||
| Market Risk Adjusted Performance | 1.13 | |||
| Mean Deviation | 3.2 | |||
| Coefficient Of Variation | (1,392) | |||
| Standard Deviation | 4.73 | |||
| Variance | 22.41 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.86) | |||
| Treynor Ratio | 1.12 | |||
| Maximum Drawdown | 25.37 | |||
| Value At Risk | (8.29) | |||
| Potential Upside | 7.64 | |||
| Skewness | 0.4416 | |||
| Kurtosis | 3.01 |
Complementary Tools for NORSKE Stock analysis
When running NORSKE SKOG's price analysis, check to measure NORSKE SKOG'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 NORSKE SKOG is operating at the current time. Most of NORSKE SKOG's value examination focuses on studying past and present price action to predict the probability of NORSKE SKOG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NORSKE SKOG's price. Additionally, you may evaluate how the addition of NORSKE SKOG to your portfolios can decrease your overall portfolio volatility.
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