Akastor ASA (Norway) Technical Analysis
| AKAST Stock | NOK 12.90 0.36 2.71% |
As of the 26th of November, Akastor ASA shows the mean deviation of 1.3, and Risk Adjusted Performance of (0.08). Akastor ASA 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.
Akastor 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 Akastor, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AkastorAkastor |
Akastor 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.
Akastor ASA 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 Akastor ASA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Akastor ASA Trend Analysis
Use this graph to draw trend lines for Akastor ASA. You can use it to identify possible trend reversals for Akastor 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 Akastor ASA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Akastor ASA Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Akastor ASA applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that Akastor ASA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 9.82, which is the sum of squared deviations for the predicted Akastor ASA price change compared to its average price change.About Akastor 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 Akastor 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 Akastor ASA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Akastor ASA price pattern first instead of the macroeconomic environment surrounding Akastor ASA. By analyzing Akastor 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 Akastor 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 Akastor ASA specific price patterns or momentum indicators. Please read more on our technical analysis page.
Akastor ASA November 26, 2024 Technical Indicators
Most technical analysis of Akastor 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 Akastor from various momentum indicators to cycle indicators. When you analyze Akastor 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 | (0.08) | |||
| Market Risk Adjusted Performance | (0.25) | |||
| Mean Deviation | 1.3 | |||
| Coefficient Of Variation | (944.35) | |||
| Standard Deviation | 1.83 | |||
| Variance | 3.34 | |||
| Information Ratio | (0.18) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | (0.26) | |||
| Maximum Drawdown | 9.87 | |||
| Value At Risk | (2.80) | |||
| Potential Upside | 2.96 | |||
| Skewness | 0.4978 | |||
| Kurtosis | 2.02 |
Other Information on Investing in Akastor Stock
Akastor ASA financial ratios help investors to determine whether Akastor Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Akastor with respect to the benefits of owning Akastor ASA security.