Alleima AB (Sweden) Technical Analysis
| ALLEI Stock | 83.40 0.95 1.15% |
As of the 24th of January, Alleima AB shows the Mean Deviation of 1.43, downside deviation of 1.43, and Risk Adjusted Performance of 0.1854. Alleima 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. Please confirm Alleima AB information ratio, as well as the relationship between the value at risk and expected short fall to decide if Alleima AB is priced correctly, providing market reflects its regular price of 83.4 per share.
Alleima AB Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Alleima, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AlleimaAlleima |
Alleima AB 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.
Alleima AB Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-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 Alleima AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Alleima AB Trend Analysis
Use this graph to draw trend lines for Alleima AB. You can use it to identify possible trend reversals for Alleima AB 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 Alleima AB price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Alleima AB Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Alleima AB applied against its price change over selected period. The best fit line has a slop of 0.28 , which means Alleima AB will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3008.59, which is the sum of squared deviations for the predicted Alleima AB price change compared to its average price change.About Alleima AB 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 Alleima 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 Alleima AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Alleima AB price pattern first instead of the macroeconomic environment surrounding Alleima AB. By analyzing Alleima AB'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 Alleima AB'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 Alleima AB specific price patterns or momentum indicators. Please read more on our technical analysis page.
Alleima AB January 24, 2025 Technical Indicators
Most technical analysis of Alleima 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 Alleima from various momentum indicators to cycle indicators. When you analyze Alleima 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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| Math Transform | ||
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| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1854 | |||
| Market Risk Adjusted Performance | (10.43) | |||
| Mean Deviation | 1.43 | |||
| Semi Deviation | 1.08 | |||
| Downside Deviation | 1.43 | |||
| Coefficient Of Variation | 472.36 | |||
| Standard Deviation | 1.81 | |||
| Variance | 3.29 | |||
| Information Ratio | 0.1852 | |||
| Jensen Alpha | 0.3753 | |||
| Total Risk Alpha | 0.2928 | |||
| Sortino Ratio | 0.235 | |||
| Treynor Ratio | (10.44) | |||
| Maximum Drawdown | 8.83 | |||
| Value At Risk | (2.09) | |||
| Potential Upside | 3.72 | |||
| Downside Variance | 2.04 | |||
| Semi Variance | 1.16 | |||
| Expected Short fall | (1.69) | |||
| Skewness | 0.612 | |||
| Kurtosis | 0.2877 |
Additional Tools for Alleima Stock Analysis
When running Alleima AB's price analysis, check to measure Alleima AB'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 Alleima AB is operating at the current time. Most of Alleima AB's value examination focuses on studying past and present price action to predict the probability of Alleima AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alleima AB's price. Additionally, you may evaluate how the addition of Alleima AB to your portfolios can decrease your overall portfolio volatility.