Fortum Oyj (Germany) Technical Analysis
| FOT Stock | EUR 13.67 0.03 0.22% |
As of the 18th of January 2025, Fortum Oyj shows the Variance of 2.54, mean deviation of 1.27, and Standard Deviation of 1.59. Fortum 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. Please confirm Fortum Oyj coefficient of variation, treynor ratio, skewness, as well as the relationship between the variance and value at risk to decide if Fortum Oyj is priced favorably, providing market reflects its regular price of 13.67 per share.
Fortum 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 Fortum, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FortumFortum |
Fortum 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.
Fortum Oyj 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 Fortum Oyj volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Fortum Oyj Trend Analysis
Use this graph to draw trend lines for Fortum Oyj. You can use it to identify possible trend reversals for Fortum 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 Fortum Oyj price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Fortum Oyj Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Fortum Oyj applied against its price change over selected period. The best fit line has a slop of 0.0057 , which may suggest that Fortum Oyj market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.21, which is the sum of squared deviations for the predicted Fortum Oyj price change compared to its average price change.About Fortum 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 Fortum 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 Fortum Oyj based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Fortum Oyj price pattern first instead of the macroeconomic environment surrounding Fortum Oyj. By analyzing Fortum 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 Fortum 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 Fortum Oyj specific price patterns or momentum indicators. Please read more on our technical analysis page.
Fortum Oyj January 18, 2025 Technical Indicators
Most technical analysis of Fortum 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 Fortum from various momentum indicators to cycle indicators. When you analyze Fortum 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 | (0.01) | |||
| Market Risk Adjusted Performance | (0.13) | |||
| Mean Deviation | 1.27 | |||
| Coefficient Of Variation | (4,356) | |||
| Standard Deviation | 1.59 | |||
| Variance | 2.54 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.14) | |||
| Maximum Drawdown | 6.07 | |||
| Value At Risk | (2.57) | |||
| Potential Upside | 2.56 | |||
| Skewness | 0.1389 | |||
| Kurtosis | (0.41) |
Complementary Tools for Fortum Stock analysis
When running Fortum Oyj's price analysis, check to measure Fortum 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 Fortum Oyj is operating at the current time. Most of Fortum Oyj's value examination focuses on studying past and present price action to predict the probability of Fortum 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 Fortum Oyj's price. Additionally, you may evaluate how the addition of Fortum Oyj to your portfolios can decrease your overall portfolio volatility.
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Equity Valuation Check real value of public entities based on technical and fundamental data |