BW Energy (Norway) Technical Analysis
| BWE Stock | NOK 22.25 0.20 0.91% |
As of the 1st of December, BW Energy owns the Information Ratio of (0.18), variance of 5.0, and Market Risk Adjusted Performance of 0.8951. BW Energy technical analysis gives you the methodology to make use of past data patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm BW Energy information ratio, and the relationship between the coefficient of variation and value at risk to decide if BW Energy is priced fairly, providing market reflects its prevailing price of 22.25 per share.
BW Energy Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as BWE, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BWEBWE |
BW Energy 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.
BW Energy 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 BW Energy volatility. High ATR values indicate high volatility, and low values indicate low volatility.
BW Energy Trend Analysis
Use this graph to draw trend lines for BW Energy. You can use it to identify possible trend reversals for BW Energy 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 BW Energy price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.BW Energy Best Fit Change Line
The following chart estimates an ordinary least squares regression model for BW Energy applied against its price change over selected period. The best fit line has a slop of 0.04 , which may suggest that BW Energy market price will keep on failing further. It has 122 observation points and a regression sum of squares at 72.84, which is the sum of squared deviations for the predicted BW Energy price change compared to its average price change.About BW Energy 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 BW Energy 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 BW Energy based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on BW Energy price pattern first instead of the macroeconomic environment surrounding BW Energy. By analyzing BW Energy'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 BW Energy'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 BW Energy specific price patterns or momentum indicators. Please read more on our technical analysis page.
BW Energy December 1, 2024 Technical Indicators
Most technical analysis of BWE 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 BWE from various momentum indicators to cycle indicators. When you analyze BWE 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 | 0.8951 | |||
| Mean Deviation | 1.61 | |||
| Coefficient Of Variation | (870.16) | |||
| Standard Deviation | 2.24 | |||
| Variance | 5.0 | |||
| Information Ratio | (0.18) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.64) | |||
| Treynor Ratio | 0.8851 | |||
| Maximum Drawdown | 13.57 | |||
| Value At Risk | (3.53) | |||
| Potential Upside | 3.43 | |||
| Skewness | 0.6643 | |||
| Kurtosis | 2.09 |
Other Information on Investing in BWE Stock
BW Energy financial ratios help investors to determine whether BWE 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 BWE with respect to the benefits of owning BW Energy security.