Andfjord Salmon (Norway) Technical Analysis
ANDF Stock | NOK 40.00 0.70 1.72% |
As of the 23rd of November, Andfjord Salmon shows the mean deviation of 1.25, and Risk Adjusted Performance of 0.1465. Andfjord Salmon AS 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 Andfjord Salmon AS mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Andfjord Salmon AS is priced correctly, providing market reflects its regular price of 40.0 per share.
Andfjord Salmon Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Andfjord, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AndfjordAndfjord |
Andfjord Salmon 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.
Andfjord Salmon AS Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Andfjord Salmon AS volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Andfjord Salmon AS Trend Analysis
Use this graph to draw trend lines for Andfjord Salmon AS. You can use it to identify possible trend reversals for Andfjord Salmon 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 Andfjord Salmon price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Andfjord Salmon Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Andfjord Salmon AS applied against its price change over selected period. The best fit line has a slop of 0.17 , which means Andfjord Salmon AS will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1109.24, which is the sum of squared deviations for the predicted Andfjord Salmon price change compared to its average price change.About Andfjord Salmon 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 Andfjord Salmon AS 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 Andfjord Salmon AS based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Andfjord Salmon AS price pattern first instead of the macroeconomic environment surrounding Andfjord Salmon AS. By analyzing Andfjord Salmon'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 Andfjord Salmon'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 Andfjord Salmon specific price patterns or momentum indicators. Please read more on our technical analysis page.
Andfjord Salmon November 23, 2024 Technical Indicators
Most technical analysis of Andfjord 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 Andfjord from various momentum indicators to cycle indicators. When you analyze Andfjord 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 | 0.1465 | |||
Market Risk Adjusted Performance | 0.3475 | |||
Mean Deviation | 1.25 | |||
Semi Deviation | 0.9431 | |||
Downside Deviation | 1.46 | |||
Coefficient Of Variation | 546.92 | |||
Standard Deviation | 2.07 | |||
Variance | 4.27 | |||
Information Ratio | 0.1196 | |||
Jensen Alpha | 0.2363 | |||
Total Risk Alpha | 0.0424 | |||
Sortino Ratio | 0.1692 | |||
Treynor Ratio | 0.3375 | |||
Maximum Drawdown | 14.07 | |||
Value At Risk | (2.19) | |||
Potential Upside | 2.46 | |||
Downside Variance | 2.13 | |||
Semi Variance | 0.8895 | |||
Expected Short fall | (1.70) | |||
Skewness | 3.16 | |||
Kurtosis | 17.08 |
Other Information on Investing in Andfjord Stock
Andfjord Salmon financial ratios help investors to determine whether Andfjord 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 Andfjord with respect to the benefits of owning Andfjord Salmon security.