Orsted AS (Germany) Technical Analysis
| D2G Stock | EUR 44.91 0.35 0.79% |
As of the 24th of December, Orsted AS holds the Variance of 5.81, coefficient of variation of (656.92), and Risk Adjusted Performance of (0.11). Orsted AS technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the company's future prices. Please check Orsted AS mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Orsted AS is priced some-what accurately, providing market reflects its current price of 44.91 per share.
Orsted AS Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Orsted, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OrstedOrsted |
Orsted AS 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.
Orsted AS Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Orsted AS volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Orsted AS Trend Analysis
Use this graph to draw trend lines for Orsted AS. You can use it to identify possible trend reversals for Orsted AS 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 Orsted AS price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Orsted AS Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Orsted AS applied against its price change over selected period. The best fit line has a slop of 0.25 , which may suggest that Orsted AS market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2394.9, which is the sum of squared deviations for the predicted Orsted AS price change compared to its average price change.About Orsted AS 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 Orsted 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 Orsted AS based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Orsted AS price pattern first instead of the macroeconomic environment surrounding Orsted AS. By analyzing Orsted AS'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 Orsted AS'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 Orsted AS specific price patterns or momentum indicators. Please read more on our technical analysis page.
Orsted AS December 24, 2024 Technical Indicators
Most technical analysis of Orsted 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 Orsted from various momentum indicators to cycle indicators. When you analyze Orsted 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 | (0.11) | |||
| Market Risk Adjusted Performance | 0.3936 | |||
| Mean Deviation | 1.74 | |||
| Coefficient Of Variation | (656.92) | |||
| Standard Deviation | 2.41 | |||
| Variance | 5.81 | |||
| Information Ratio | (0.17) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | 0.3836 | |||
| Maximum Drawdown | 16.81 | |||
| Value At Risk | (3.17) | |||
| Potential Upside | 3.15 | |||
| Skewness | (1.56) | |||
| Kurtosis | 7.03 |
Orsted AS December 24, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Orsted stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 1.65 | ||
| Daily Balance Of Power | 0.44 | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 44.52 | ||
| Day Typical Price | 44.65 | ||
| Price Action Indicator | 0.57 | ||
| Market Facilitation Index | 0.01 |
Complementary Tools for Orsted Stock analysis
When running Orsted AS's price analysis, check to measure Orsted AS'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 Orsted AS is operating at the current time. Most of Orsted AS's value examination focuses on studying past and present price action to predict the probability of Orsted AS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orsted AS's price. Additionally, you may evaluate how the addition of Orsted AS to your portfolios can decrease your overall portfolio volatility.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |