Stora Enso (Germany) Technical Analysis
| ENUR Stock | EUR 9.25 0.01 0.11% |
As of the 29th of November, Stora Enso has the Coefficient Of Variation of (558.80), variance of 3.27, and Risk Adjusted Performance of (0.13). Stora Enso technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. Please validate Stora Enso Oyj information ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk to decide if Stora Enso is priced more or less accurately, providing market reflects its prevalent price of 9.25 per share.
Stora Enso Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Stora, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to StoraStora |
Stora Enso 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.
Stora Enso 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 Stora Enso Oyj volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Stora Enso Oyj Trend Analysis
Use this graph to draw trend lines for Stora Enso Oyj. You can use it to identify possible trend reversals for Stora Enso 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 Stora Enso price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Stora Enso Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Stora Enso Oyj applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that Stora Enso Oyj market price will keep on failing further. It has 122 observation points and a regression sum of squares at 45.38, which is the sum of squared deviations for the predicted Stora Enso price change compared to its average price change.About Stora Enso 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 Stora Enso 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 Stora Enso Oyj based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Stora Enso Oyj price pattern first instead of the macroeconomic environment surrounding Stora Enso Oyj. By analyzing Stora Enso'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 Stora Enso'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 Stora Enso specific price patterns or momentum indicators. Please read more on our technical analysis page.
Stora Enso November 29, 2024 Technical Indicators
Most technical analysis of Stora 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 Stora from various momentum indicators to cycle indicators. When you analyze Stora 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 | (0.13) | |||
| Market Risk Adjusted Performance | (2.88) | |||
| Mean Deviation | 1.31 | |||
| Coefficient Of Variation | (558.80) | |||
| Standard Deviation | 1.81 | |||
| Variance | 3.27 | |||
| Information Ratio | (0.25) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.61) | |||
| Treynor Ratio | (2.89) | |||
| Maximum Drawdown | 9.89 | |||
| Value At Risk | (3.79) | |||
| Potential Upside | 2.04 | |||
| Skewness | (0.53) | |||
| Kurtosis | 1.33 |
Complementary Tools for Stora Stock analysis
When running Stora Enso's price analysis, check to measure Stora Enso'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 Stora Enso is operating at the current time. Most of Stora Enso's value examination focuses on studying past and present price action to predict the probability of Stora Enso's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stora Enso's price. Additionally, you may evaluate how the addition of Stora Enso to your portfolios can decrease your overall portfolio volatility.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes |