ADDvise Group (Sweden) Technical Analysis
| ADDV-A Stock | SEK 10.50 0.30 2.78% |
As of the 30th of November, ADDvise Group shows the Risk Adjusted Performance of (0.07), mean deviation of 2.95, and Standard Deviation of 4.47. ADDvise Group AB technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.
ADDvise Group Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ADDvise, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ADDviseADDvise |
ADDvise Group 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.
ADDvise Group AB Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 ADDvise Group AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ADDvise Group AB Trend Analysis
Use this graph to draw trend lines for ADDvise Group AB. You can use it to identify possible trend reversals for ADDvise Group 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 ADDvise Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ADDvise Group Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ADDvise Group AB applied against its price change over selected period. The best fit line has a slop of 0.07 , which may suggest that ADDvise Group AB market price will keep on failing further. It has 122 observation points and a regression sum of squares at 176.87, which is the sum of squared deviations for the predicted ADDvise Group price change compared to its average price change.About ADDvise Group 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 ADDvise Group AB 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 ADDvise Group AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ADDvise Group AB price pattern first instead of the macroeconomic environment surrounding ADDvise Group AB. By analyzing ADDvise Group'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 ADDvise Group'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 ADDvise Group specific price patterns or momentum indicators. Please read more on our technical analysis page.
ADDvise Group November 30, 2024 Technical Indicators
Most technical analysis of ADDvise 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 ADDvise from various momentum indicators to cycle indicators. When you analyze ADDvise 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 | (0.07) | |||
| Market Risk Adjusted Performance | 0.5393 | |||
| Mean Deviation | 2.95 | |||
| Coefficient Of Variation | (921.37) | |||
| Standard Deviation | 4.47 | |||
| Variance | 19.97 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | (1.24) | |||
| Treynor Ratio | 0.5293 | |||
| Maximum Drawdown | 29.1 | |||
| Value At Risk | (5.97) | |||
| Potential Upside | 5.17 | |||
| Skewness | (1.29) | |||
| Kurtosis | 5.28 |
Complementary Tools for ADDvise Stock analysis
When running ADDvise Group's price analysis, check to measure ADDvise Group'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 ADDvise Group is operating at the current time. Most of ADDvise Group's value examination focuses on studying past and present price action to predict the probability of ADDvise Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ADDvise Group's price. Additionally, you may evaluate how the addition of ADDvise Group to your portfolios can decrease your overall portfolio volatility.
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