Gyldendal ASA (Norway) Technical Analysis
| GYL Stock | NOK 402.00 18.00 4.29% |
As of the 23rd of November, Gyldendal ASA retains the Market Risk Adjusted Performance of 0.4973, standard deviation of 2.19, and Risk Adjusted Performance of (0.02). Gyldendal ASA technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Gyldendal ASA standard deviation, treynor ratio, as well as the relationship between the Treynor Ratio and potential upside to decide if Gyldendal ASA is priced fairly, providing market reflects its last-minute price of 402.0 per share.
Gyldendal ASA Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Gyldendal, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GyldendalGyldendal |
Gyldendal ASA 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.
Gyldendal ASA Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Gyldendal ASA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Gyldendal ASA Trend Analysis
Use this graph to draw trend lines for Gyldendal ASA. You can use it to identify possible trend reversals for Gyldendal ASA 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 Gyldendal ASA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Gyldendal ASA Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Gyldendal ASA applied against its price change over selected period. The best fit line has a slop of 0.52 , which may suggest that Gyldendal ASA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 10315.75, which is the sum of squared deviations for the predicted Gyldendal ASA price change compared to its average price change.About Gyldendal ASA 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 Gyldendal ASA 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 Gyldendal ASA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Gyldendal ASA price pattern first instead of the macroeconomic environment surrounding Gyldendal ASA. By analyzing Gyldendal ASA'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 Gyldendal ASA'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 Gyldendal ASA specific price patterns or momentum indicators. Please read more on our technical analysis page.
Gyldendal ASA November 23, 2024 Technical Indicators
Most technical analysis of Gyldendal 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 Gyldendal from various momentum indicators to cycle indicators. When you analyze Gyldendal 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 | (0.02) | |||
| Market Risk Adjusted Performance | 0.4973 | |||
| Mean Deviation | 0.9697 | |||
| Coefficient Of Variation | (3,417) | |||
| Standard Deviation | 2.19 | |||
| Variance | 4.8 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | 0.4873 | |||
| Maximum Drawdown | 14.29 | |||
| Value At Risk | (4.44) | |||
| Potential Upside | 5.0 | |||
| Skewness | (0.03) | |||
| Kurtosis | 4.47 |
Other Information on Investing in Gyldendal Stock
Gyldendal ASA financial ratios help investors to determine whether Gyldendal Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Gyldendal with respect to the benefits of owning Gyldendal ASA security.