HAV Group (Norway) Technical Analysis
| HAV Stock | NOK 7.04 0.06 0.85% |
As of the 27th of November, HAV Group retains the market risk adjusted performance of 0.9053, and Coefficient Of Variation of (709.05). HAV Group 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 entity's future prices. Please check out HAV Group ASA information ratio, and the relationship between the coefficient of variation and value at risk to decide if HAV Group is priced fairly, providing market reflects its last-minute price of 7.04 per share.
HAV Group Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as HAV, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HAVHAV |
HAV Group 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.
HAV Group ASA Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 HAV Group ASA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
HAV Group ASA Trend Analysis
Use this graph to draw trend lines for HAV Group ASA. You can use it to identify possible trend reversals for HAV Group 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 HAV Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.HAV Group Best Fit Change Line
The following chart estimates an ordinary least squares regression model for HAV Group ASA applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that HAV Group ASA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 7.89, which is the sum of squared deviations for the predicted HAV Group price change compared to its average price change.About HAV Group 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 HAV Group 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 HAV Group ASA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on HAV Group ASA price pattern first instead of the macroeconomic environment surrounding HAV Group ASA. By analyzing HAV Group'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 HAV Group'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 HAV Group specific price patterns or momentum indicators. Please read more on our technical analysis page.
HAV Group November 27, 2024 Technical Indicators
Most technical analysis of HAV 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 HAV from various momentum indicators to cycle indicators. When you analyze HAV 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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| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.10) | |||
| Market Risk Adjusted Performance | 0.9053 | |||
| Mean Deviation | 1.34 | |||
| Coefficient Of Variation | (709.05) | |||
| Standard Deviation | 2.61 | |||
| Variance | 6.8 | |||
| Information Ratio | (0.19) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.79) | |||
| Treynor Ratio | 0.8953 | |||
| Maximum Drawdown | 22.93 | |||
| Value At Risk | (2.71) | |||
| Potential Upside | 2.11 | |||
| Skewness | (4.33) | |||
| Kurtosis | 28.87 |
Other Information on Investing in HAV Stock
HAV Group financial ratios help investors to determine whether HAV 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 HAV with respect to the benefits of owning HAV Group security.