BW Offshore (Norway) Technical Analysis
| BWO Stock | NOK 28.30 0.20 0.71% |
As of the 22nd of November, BW Offshore owns the Coefficient Of Variation of 3337.27, standard deviation of 2.62, and Market Risk Adjusted Performance of 0.1221. BW Offshore 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 Offshore jensen alpha, semi variance, and the relationship between the standard deviation and value at risk to decide if BW Offshore is priced fairly, providing market reflects its prevailing price of 28.3 per share.
BW Offshore Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as BWO, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BWOBWO |
BW Offshore 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 Offshore Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Offshore volatility. High ATR values indicate high volatility, and low values indicate low volatility.
BW Offshore Trend Analysis
Use this graph to draw trend lines for BW Offshore. You can use it to identify possible trend reversals for BW Offshore 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 Offshore price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.BW Offshore Best Fit Change Line
The following chart estimates an ordinary least squares regression model for BW Offshore applied against its price change over selected period. The best fit line has a slop of 0.06 , which means BW Offshore will continue generating value for investors. It has 122 observation points and a regression sum of squares at 136.78, which is the sum of squared deviations for the predicted BW Offshore price change compared to its average price change.About BW Offshore 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 Offshore 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 Offshore based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on BW Offshore price pattern first instead of the macroeconomic environment surrounding BW Offshore. By analyzing BW Offshore'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 Offshore'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 Offshore specific price patterns or momentum indicators. Please read more on our technical analysis page.
BW Offshore November 22, 2024 Technical Indicators
Most technical analysis of BWO 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 BWO from various momentum indicators to cycle indicators. When you analyze BWO 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 | 0.0299 | |||
| Market Risk Adjusted Performance | 0.1221 | |||
| Mean Deviation | 1.89 | |||
| Semi Deviation | 2.81 | |||
| Downside Deviation | 2.97 | |||
| Coefficient Of Variation | 3337.27 | |||
| Standard Deviation | 2.62 | |||
| Variance | 6.88 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | 0.0077 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1121 | |||
| Maximum Drawdown | 19.1 | |||
| Value At Risk | (2.75) | |||
| Potential Upside | 3.69 | |||
| Downside Variance | 8.85 | |||
| Semi Variance | 7.91 | |||
| Expected Short fall | (1.91) | |||
| Skewness | (1.10) | |||
| Kurtosis | 6.19 |
Other Information on Investing in BWO Stock
BW Offshore financial ratios help investors to determine whether BWO 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 BWO with respect to the benefits of owning BW Offshore security.