Doxa AB (Sweden) Technical Analysis
| DOXA Stock | SEK 1.02 0.01 0.99% |
As of the 26th of November, Doxa AB shows the Variance of 2.57, standard deviation of 1.6, and Mean Deviation of 1.21. Doxa AB 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.
Doxa AB Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Doxa, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DoxaDoxa |
Doxa AB 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.
Doxa AB 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 Doxa AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Doxa AB Trend Analysis
Use this graph to draw trend lines for Doxa AB. You can use it to identify possible trend reversals for Doxa AB 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 Doxa AB price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Doxa AB Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Doxa AB applied against its price change over selected period. The best fit line has a slop of 0.0008 , which may suggest that Doxa AB market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.03, which is the sum of squared deviations for the predicted Doxa AB price change compared to its average price change.About Doxa AB 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 Doxa AB 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 Doxa AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Doxa AB price pattern first instead of the macroeconomic environment surrounding Doxa AB. By analyzing Doxa AB'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 Doxa AB'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 Doxa AB specific price patterns or momentum indicators. Please read more on our technical analysis page.
Doxa AB November 26, 2024 Technical Indicators
Most technical analysis of Doxa 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 Doxa from various momentum indicators to cycle indicators. When you analyze Doxa 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.
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| 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 | 2.46 | |||
| Mean Deviation | 1.21 | |||
| Coefficient Of Variation | (880.93) | |||
| Standard Deviation | 1.6 | |||
| Variance | 2.57 | |||
| Information Ratio | (0.20) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | 2.45 | |||
| Maximum Drawdown | 7.41 | |||
| Value At Risk | (2.78) | |||
| Potential Upside | 2.78 | |||
| Skewness | 0.1092 | |||
| Kurtosis | 0.542 |
Additional Tools for Doxa Stock Analysis
When running Doxa AB's price analysis, check to measure Doxa AB'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 Doxa AB is operating at the current time. Most of Doxa AB's value examination focuses on studying past and present price action to predict the probability of Doxa AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Doxa AB's price. Additionally, you may evaluate how the addition of Doxa AB to your portfolios can decrease your overall portfolio volatility.