Digia Oyj (Finland) Technical Analysis
DIGIA Stock | EUR 6.38 0.28 4.20% |
As of the 2nd of December, Digia Oyj shows the Downside Deviation of 2.07, coefficient of variation of 1611.93, and Mean Deviation of 1.44. Digia Oyj technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.
Digia Oyj Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Digia, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DigiaDigia |
Digia Oyj 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.
Digia Oyj 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 Digia Oyj volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Digia Oyj Trend Analysis
Use this graph to draw trend lines for Digia Oyj. You can use it to identify possible trend reversals for Digia Oyj 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 Digia Oyj price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Digia Oyj Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Digia Oyj applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Digia Oyj will continue generating value for investors. It has 122 observation points and a regression sum of squares at 15.55, which is the sum of squared deviations for the predicted Digia Oyj price change compared to its average price change.About Digia Oyj 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 Digia Oyj 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 Digia Oyj based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Digia Oyj price pattern first instead of the macroeconomic environment surrounding Digia Oyj. By analyzing Digia Oyj'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 Digia Oyj'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 Digia Oyj specific price patterns or momentum indicators. Please read more on our technical analysis page.
Digia Oyj December 2, 2024 Technical Indicators
Most technical analysis of Digia 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 Digia from various momentum indicators to cycle indicators. When you analyze Digia 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 | 0.0538 | |||
Market Risk Adjusted Performance | (0.30) | |||
Mean Deviation | 1.44 | |||
Semi Deviation | 1.7 | |||
Downside Deviation | 2.07 | |||
Coefficient Of Variation | 1611.93 | |||
Standard Deviation | 2.09 | |||
Variance | 4.37 | |||
Information Ratio | (0) | |||
Jensen Alpha | 0.1693 | |||
Total Risk Alpha | (0.23) | |||
Sortino Ratio | (0) | |||
Treynor Ratio | (0.31) | |||
Maximum Drawdown | 14.51 | |||
Value At Risk | (2.72) | |||
Potential Upside | 3.38 | |||
Downside Variance | 4.29 | |||
Semi Variance | 2.88 | |||
Expected Short fall | (1.83) | |||
Skewness | 0.6576 | |||
Kurtosis | 3.78 |
Complementary Tools for Digia Stock analysis
When running Digia Oyj's price analysis, check to measure Digia Oyj'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 Digia Oyj is operating at the current time. Most of Digia Oyj's value examination focuses on studying past and present price action to predict the probability of Digia Oyj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Digia Oyj's price. Additionally, you may evaluate how the addition of Digia Oyj to your portfolios can decrease your overall portfolio volatility.
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