Dovre Group (Finland) Technical Analysis
DOV1V Stock | EUR 0.34 0.01 3.03% |
As of the 1st of December, Dovre Group shows the Coefficient Of Variation of 9265.66, downside deviation of 3.52, and Mean Deviation of 1.34. Dovre Group Plc 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.
Dovre Group Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Dovre, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DovreDovre |
Dovre Group 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.
Dovre Group Plc Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Dovre Group Plc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Dovre Group Plc Trend Analysis
Use this graph to draw trend lines for Dovre Group Plc. You can use it to identify possible trend reversals for Dovre Group 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 Dovre Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Dovre Group Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Dovre Group Plc applied against its price change over selected period. The best fit line has a slop of 0.00008 , which means Dovre Group Plc will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Dovre Group price change compared to its average price change.About Dovre Group 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 Dovre Group Plc 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 Dovre Group Plc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Dovre Group Plc price pattern first instead of the macroeconomic environment surrounding Dovre Group Plc. By analyzing Dovre Group'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 Dovre Group'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 Dovre Group specific price patterns or momentum indicators. Please read more on our technical analysis page.
Dovre Group December 1, 2024 Technical Indicators
Most technical analysis of Dovre 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 Dovre from various momentum indicators to cycle indicators. When you analyze Dovre 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 | 0.0148 | |||
Market Risk Adjusted Performance | 0.0499 | |||
Mean Deviation | 1.34 | |||
Semi Deviation | 1.68 | |||
Downside Deviation | 3.52 | |||
Coefficient Of Variation | 9265.66 | |||
Standard Deviation | 2.2 | |||
Variance | 4.82 | |||
Information Ratio | (0.05) | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.35) | |||
Sortino Ratio | (0.03) | |||
Treynor Ratio | 0.0399 | |||
Maximum Drawdown | 8.66 | |||
Value At Risk | (3.12) | |||
Potential Upside | 3.23 | |||
Downside Variance | 12.4 | |||
Semi Variance | 2.84 | |||
Expected Short fall | (3.43) | |||
Skewness | 0.1591 | |||
Kurtosis | 0.752 |
Complementary Tools for Dovre Stock analysis
When running Dovre Group's price analysis, check to measure Dovre Group'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 Dovre Group is operating at the current time. Most of Dovre Group's value examination focuses on studying past and present price action to predict the probability of Dovre Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dovre Group's price. Additionally, you may evaluate how the addition of Dovre Group to your portfolios can decrease your overall portfolio volatility.
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