Telenor ASA (UK) Technical Analysis
| 0G8C Stock | 130.20 0.64 0.49% |
As of the 22nd of November, Telenor ASA has the Coefficient Of Variation of 1703.65, risk adjusted performance of 0.0483, and Semi Deviation of 0.9426. Telenor ASA technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. Please validate Telenor ASA coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if Telenor ASA is priced more or less accurately, providing market reflects its prevalent price of 130.2 per share.
Telenor ASA Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Telenor, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TelenorTelenor |
Telenor ASA 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.
Telenor ASA Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-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 Telenor ASA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Telenor ASA Trend Analysis
Use this graph to draw trend lines for Telenor ASA. You can use it to identify possible trend reversals for Telenor ASA 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 Telenor ASA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Telenor ASA Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Telenor ASA applied against its price change over selected period. The best fit line has a slop of 0.05 , which means Telenor ASA will continue generating value for investors. It has 122 observation points and a regression sum of squares at 113.89, which is the sum of squared deviations for the predicted Telenor ASA price change compared to its average price change.About Telenor ASA 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 Telenor ASA 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 Telenor ASA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Telenor ASA price pattern first instead of the macroeconomic environment surrounding Telenor ASA. By analyzing Telenor ASA'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 Telenor ASA'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 Telenor ASA specific price patterns or momentum indicators. Please read more on our technical analysis page.
Telenor ASA November 22, 2024 Technical Indicators
Most technical analysis of Telenor 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 Telenor from various momentum indicators to cycle indicators. When you analyze Telenor 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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| Volume Indicators |
| Risk Adjusted Performance | 0.0483 | |||
| Market Risk Adjusted Performance | (0.80) | |||
| Mean Deviation | 0.7892 | |||
| Semi Deviation | 0.9426 | |||
| Downside Deviation | 1.06 | |||
| Coefficient Of Variation | 1703.65 | |||
| Standard Deviation | 1.17 | |||
| Variance | 1.38 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | 0.0662 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.81) | |||
| Maximum Drawdown | 8.32 | |||
| Value At Risk | (1.77) | |||
| Potential Upside | 1.66 | |||
| Downside Variance | 1.13 | |||
| Semi Variance | 0.8884 | |||
| Expected Short fall | (0.88) | |||
| Skewness | 1.27 | |||
| Kurtosis | 6.36 |
Additional Tools for Telenor Stock Analysis
When running Telenor ASA's price analysis, check to measure Telenor ASA'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 Telenor ASA is operating at the current time. Most of Telenor ASA's value examination focuses on studying past and present price action to predict the probability of Telenor ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Telenor ASA's price. Additionally, you may evaluate how the addition of Telenor ASA to your portfolios can decrease your overall portfolio volatility.