Elanders (Sweden) Technical Analysis
| ELAN-B Stock | SEK 84.00 0.10 0.12% |
As of the 2nd of February, Elanders shows the Mean Deviation of 1.25, coefficient of variation of (863.10), and Standard Deviation of 1.76. Elanders 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.
Elanders Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Elanders, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ElandersElanders |
Elanders 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.
Elanders AB 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 Elanders AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Elanders AB Trend Analysis
Use this graph to draw trend lines for Elanders AB. You can use it to identify possible trend reversals for Elanders 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 Elanders price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Elanders Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Elanders AB applied against its price change over selected period. The best fit line has a slop of 0.18 , which may suggest that Elanders AB market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1241.62, which is the sum of squared deviations for the predicted Elanders price change compared to its average price change.About Elanders 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 Elanders 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 Elanders AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Elanders AB price pattern first instead of the macroeconomic environment surrounding Elanders AB. By analyzing Elanders'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 Elanders'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 Elanders specific price patterns or momentum indicators. Please read more on our technical analysis page.
Elanders February 2, 2025 Technical Indicators
Most technical analysis of Elanders 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 Elanders from various momentum indicators to cycle indicators. When you analyze Elanders 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 | (0.09) | |||
| Market Risk Adjusted Performance | (10.96) | |||
| Mean Deviation | 1.25 | |||
| Coefficient Of Variation | (863.10) | |||
| Standard Deviation | 1.76 | |||
| Variance | 3.1 | |||
| Information Ratio | (0.16) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | (10.97) | |||
| Maximum Drawdown | 9.69 | |||
| Value At Risk | (2.87) | |||
| Potential Upside | 2.17 | |||
| Skewness | (1.11) | |||
| Kurtosis | 3.42 |
Complementary Tools for Elanders Stock analysis
When running Elanders' price analysis, check to measure Elanders' 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 Elanders is operating at the current time. Most of Elanders' value examination focuses on studying past and present price action to predict the probability of Elanders' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elanders' price. Additionally, you may evaluate how the addition of Elanders to your portfolios can decrease your overall portfolio volatility.
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |