Avensia Publ (Sweden) Technical Analysis
| AVEN Stock | SEK 7.70 0.12 1.58% |
As of the 23rd of November, Avensia Publ shows the mean deviation of 1.4, and Risk Adjusted Performance of (0.1). Avensia publ 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.
Avensia Publ Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Avensia, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AvensiaAvensia |
Avensia Publ 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.
Avensia publ AB 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 Avensia publ AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Avensia publ AB Trend Analysis
Use this graph to draw trend lines for Avensia publ AB. You can use it to identify possible trend reversals for Avensia Publ 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 Avensia Publ price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Avensia Publ Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Avensia publ AB applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that Avensia publ AB market price will keep on failing further. It has 122 observation points and a regression sum of squares at 26.1, which is the sum of squared deviations for the predicted Avensia Publ price change compared to its average price change.About Avensia Publ 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 Avensia publ 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 Avensia publ AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Avensia publ AB price pattern first instead of the macroeconomic environment surrounding Avensia publ AB. By analyzing Avensia Publ'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 Avensia Publ'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 Avensia Publ specific price patterns or momentum indicators. Please read more on our technical analysis page.
Avensia Publ November 23, 2024 Technical Indicators
Most technical analysis of Avensia 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 Avensia from various momentum indicators to cycle indicators. When you analyze Avensia 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 | (0.1) | |||
| Market Risk Adjusted Performance | (1.22) | |||
| Mean Deviation | 1.4 | |||
| Coefficient Of Variation | (740.19) | |||
| Standard Deviation | 1.89 | |||
| Variance | 3.58 | |||
| Information Ratio | (0.20) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | (1.23) | |||
| Maximum Drawdown | 11.59 | |||
| Value At Risk | (2.86) | |||
| Potential Upside | 2.96 | |||
| Skewness | 0.2071 | |||
| Kurtosis | 1.48 |
Additional Tools for Avensia Stock Analysis
When running Avensia Publ's price analysis, check to measure Avensia Publ'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 Avensia Publ is operating at the current time. Most of Avensia Publ's value examination focuses on studying past and present price action to predict the probability of Avensia Publ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avensia Publ's price. Additionally, you may evaluate how the addition of Avensia Publ to your portfolios can decrease your overall portfolio volatility.