ASSA ABLOY (Germany) Technical Analysis
ALZC Stock | EUR 28.45 0.04 0.14% |
As of the 28th of December, ASSA ABLOY shows the mean deviation of 1.06, and Risk Adjusted Performance of 0.0416. ASSA ABLOY 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 ASSA ABLOY AB jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if ASSA ABLOY AB is priced some-what accurately, providing market reflects its regular price of 28.45 per share.
ASSA ABLOY Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ASSA, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ASSAASSA |
ASSA ABLOY 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.
ASSA ABLOY AB 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 ASSA ABLOY AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ASSA ABLOY AB Trend Analysis
Use this graph to draw trend lines for ASSA ABLOY AB. You can use it to identify possible trend reversals for ASSA ABLOY 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 ASSA ABLOY price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ASSA ABLOY Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ASSA ABLOY AB applied against its price change over selected period. The best fit line has a slop of 0.06 , which means ASSA ABLOY AB will continue generating value for investors. It has 122 observation points and a regression sum of squares at 125.34, which is the sum of squared deviations for the predicted ASSA ABLOY price change compared to its average price change.About ASSA ABLOY 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 ASSA ABLOY 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 ASSA ABLOY AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ASSA ABLOY AB price pattern first instead of the macroeconomic environment surrounding ASSA ABLOY AB. By analyzing ASSA ABLOY'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 ASSA ABLOY'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 ASSA ABLOY specific price patterns or momentum indicators. Please read more on our technical analysis page.
ASSA ABLOY December 28, 2024 Technical Indicators
Most technical analysis of ASSA 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 ASSA from various momentum indicators to cycle indicators. When you analyze ASSA 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 | 0.0416 | |||
Market Risk Adjusted Performance | (3.90) | |||
Mean Deviation | 1.06 | |||
Semi Deviation | 1.14 | |||
Downside Deviation | 1.21 | |||
Coefficient Of Variation | 2168.58 | |||
Standard Deviation | 1.55 | |||
Variance | 2.39 | |||
Information Ratio | 0.0253 | |||
Jensen Alpha | 0.0617 | |||
Total Risk Alpha | 0.0183 | |||
Sortino Ratio | 0.0324 | |||
Treynor Ratio | (3.91) | |||
Maximum Drawdown | 10.59 | |||
Value At Risk | (2.23) | |||
Potential Upside | 2.3 | |||
Downside Variance | 1.46 | |||
Semi Variance | 1.3 | |||
Expected Short fall | (1.24) | |||
Skewness | 1.84 | |||
Kurtosis | 8.39 |
Complementary Tools for ASSA Stock analysis
When running ASSA ABLOY's price analysis, check to measure ASSA ABLOY'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 ASSA ABLOY is operating at the current time. Most of ASSA ABLOY's value examination focuses on studying past and present price action to predict the probability of ASSA ABLOY's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASSA ABLOY's price. Additionally, you may evaluate how the addition of ASSA ABLOY to your portfolios can decrease your overall portfolio volatility.
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