Idex ASA (Norway) Technical Analysis
| IDEX Stock | NOK 5.75 0.10 1.71% |
As of the 6th of February, Idex ASA retains the Downside Deviation of 4.29, market risk adjusted performance of 0.5777, and Risk Adjusted Performance of 0.1465. Idex 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 Idex ASA coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if Idex ASA is priced fairly, providing market reflects its last-minute price of 5.75 per share.
Idex 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 Idex, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to IdexIdex |
Idex ASA 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Idex ASA's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Idex ASA.
| 11/08/2025 |
| 02/06/2026 |
If you would invest 0.00 in Idex ASA on November 8, 2025 and sell it all today you would earn a total of 0.00 from holding Idex ASA or generate 0.0% return on investment in Idex ASA over 90 days. Idex ASA is related to or competes with Huddlestock Fintech, 5Th Planet, Huddly AS, River Tech, Techstep ASA, and Next Biometrics. IDEX Biometrics ASA develops and sells fingerprint imaging and recognition technology in Europe, the Middle East, Africa... More
Idex ASA Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Idex ASA's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Idex ASA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.29 | |||
| Information Ratio | 0.1764 | |||
| Maximum Drawdown | 42.91 | |||
| Value At Risk | (6.25) | |||
| Potential Upside | 16.19 |
Idex ASA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Idex ASA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Idex ASA's standard deviation. In reality, there are many statistical measures that can use Idex ASA historical prices to predict the future Idex ASA's volatility.| Risk Adjusted Performance | 0.1465 | |||
| Jensen Alpha | 1.15 | |||
| Total Risk Alpha | 0.9076 | |||
| Sortino Ratio | 0.2766 | |||
| Treynor Ratio | 0.5677 |
Idex ASA February 6, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1465 | |||
| Market Risk Adjusted Performance | 0.5777 | |||
| Mean Deviation | 4.44 | |||
| Semi Deviation | 3.49 | |||
| Downside Deviation | 4.29 | |||
| Coefficient Of Variation | 546.12 | |||
| Standard Deviation | 6.72 | |||
| Variance | 45.22 | |||
| Information Ratio | 0.1764 | |||
| Jensen Alpha | 1.15 | |||
| Total Risk Alpha | 0.9076 | |||
| Sortino Ratio | 0.2766 | |||
| Treynor Ratio | 0.5677 | |||
| Maximum Drawdown | 42.91 | |||
| Value At Risk | (6.25) | |||
| Potential Upside | 16.19 | |||
| Downside Variance | 18.4 | |||
| Semi Variance | 12.16 | |||
| Expected Short fall | (5.68) | |||
| Skewness | 1.98 | |||
| Kurtosis | 6.24 |
Idex ASA Backtested Returns
Idex ASA is risky given 3 months investment horizon. Idex ASA holds Efficiency (Sharpe) Ratio of 0.2, which attests that the entity had a 0.2 % return per unit of risk over the last 3 months. We were able to break down and interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.44% are justified by taking the suggested risk. Use Idex ASA Downside Deviation of 4.29, risk adjusted performance of 0.1465, and Market Risk Adjusted Performance of 0.5777 to evaluate company specific risk that cannot be diversified away. Idex ASA holds a performance score of 16 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 2.15, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Idex ASA will likely underperform. Use Idex ASA semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to analyze future returns on Idex ASA.
Auto-correlation | -0.49 |
Modest reverse predictability
Idex ASA has modest reverse predictability. Overlapping area represents the amount of predictability between Idex ASA time series from 8th of November 2025 to 23rd of December 2025 and 23rd of December 2025 to 6th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Idex ASA price movement. The serial correlation of -0.49 indicates that about 49.0% of current Idex ASA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Idex 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.
Idex ASA Technical Analysis
The output start index for this execution was fifty with a total number of output elements of eleven. 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 Idex ASA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
About Idex 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 Idex 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 Idex ASA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Idex ASA price pattern first instead of the macroeconomic environment surrounding Idex ASA. By analyzing Idex 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 Idex 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 Idex ASA specific price patterns or momentum indicators. Please read more on our technical analysis page.
Idex ASA February 6, 2026 Technical Indicators
Most technical analysis of Idex 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 Idex from various momentum indicators to cycle indicators. When you analyze Idex 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 | 0.1465 | |||
| Market Risk Adjusted Performance | 0.5777 | |||
| Mean Deviation | 4.44 | |||
| Semi Deviation | 3.49 | |||
| Downside Deviation | 4.29 | |||
| Coefficient Of Variation | 546.12 | |||
| Standard Deviation | 6.72 | |||
| Variance | 45.22 | |||
| Information Ratio | 0.1764 | |||
| Jensen Alpha | 1.15 | |||
| Total Risk Alpha | 0.9076 | |||
| Sortino Ratio | 0.2766 | |||
| Treynor Ratio | 0.5677 | |||
| Maximum Drawdown | 42.91 | |||
| Value At Risk | (6.25) | |||
| Potential Upside | 16.19 | |||
| Downside Variance | 18.4 | |||
| Semi Variance | 12.16 | |||
| Expected Short fall | (5.68) | |||
| Skewness | 1.98 | |||
| Kurtosis | 6.24 |
Idex ASA February 6, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Idex stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 3,662 | ||
| Daily Balance Of Power | (0.29) | ||
| Rate Of Daily Change | 0.98 | ||
| Day Median Price | 5.92 | ||
| Day Typical Price | 5.86 | ||
| Price Action Indicator | (0.22) |
Other Information on Investing in Idex Stock
Idex ASA financial ratios help investors to determine whether Idex 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 Idex with respect to the benefits of owning Idex ASA security.