Scandinavian Tobacco (Germany) Technical Analysis
| 8ZI Stock | EUR 12.78 0.02 0.16% |
As of the 26th of November, Scandinavian Tobacco has the Risk Adjusted Performance of (0.02), coefficient of variation of (2,717), and Variance of 2.99. Scandinavian Tobacco 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 Scandinavian Tobacco mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Scandinavian Tobacco is priced more or less accurately, providing market reflects its prevalent price of 12.78 per share.
Scandinavian Tobacco Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Scandinavian, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ScandinavianScandinavian |
Scandinavian Tobacco 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.
Scandinavian Tobacco 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 Scandinavian Tobacco volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Scandinavian Tobacco Trend Analysis
Use this graph to draw trend lines for Scandinavian Tobacco Group. You can use it to identify possible trend reversals for Scandinavian Tobacco 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 Scandinavian Tobacco price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Scandinavian Tobacco Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Scandinavian Tobacco Group applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that Scandinavian Tobacco Group market price will keep on failing further. It has 122 observation points and a regression sum of squares at 7.55, which is the sum of squared deviations for the predicted Scandinavian Tobacco price change compared to its average price change.About Scandinavian Tobacco 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 Scandinavian Tobacco 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 Scandinavian Tobacco Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Scandinavian Tobacco price pattern first instead of the macroeconomic environment surrounding Scandinavian Tobacco. By analyzing Scandinavian Tobacco'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 Scandinavian Tobacco'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 Scandinavian Tobacco specific price patterns or momentum indicators. Please read more on our technical analysis page.
Scandinavian Tobacco November 26, 2024 Technical Indicators
Most technical analysis of Scandinavian 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 Scandinavian from various momentum indicators to cycle indicators. When you analyze Scandinavian 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 | (0.02) | |||
| Market Risk Adjusted Performance | (0.18) | |||
| Mean Deviation | 0.9865 | |||
| Coefficient Of Variation | (2,717) | |||
| Standard Deviation | 1.73 | |||
| Variance | 2.99 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (0.19) | |||
| Maximum Drawdown | 15.03 | |||
| Value At Risk | (1.84) | |||
| Potential Upside | 1.75 | |||
| Skewness | (0.95) | |||
| Kurtosis | 12.19 |
Complementary Tools for Scandinavian Stock analysis
When running Scandinavian Tobacco's price analysis, check to measure Scandinavian Tobacco'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 Scandinavian Tobacco is operating at the current time. Most of Scandinavian Tobacco's value examination focuses on studying past and present price action to predict the probability of Scandinavian Tobacco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scandinavian Tobacco's price. Additionally, you may evaluate how the addition of Scandinavian Tobacco to your portfolios can decrease your overall portfolio volatility.
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