ITAB Shop (Sweden) Technical Analysis
| ITAB Stock | 23.30 0.20 0.87% |
As of the 26th of November, ITAB Shop owns the Semi Deviation of 2.38, downside deviation of 2.59, and Market Risk Adjusted Performance of 0.0262. ITAB Shop Concept technical analysis makes it possible for you to employ past data patterns with the intention to determine a pattern that calculates the direction of the firm's future prices.
ITAB Shop Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ITAB, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ITABITAB |
ITAB Shop 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.
ITAB Shop Concept 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 ITAB Shop Concept volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ITAB Shop Concept Trend Analysis
Use this graph to draw trend lines for ITAB Shop Concept. You can use it to identify possible trend reversals for ITAB Shop 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 ITAB Shop price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ITAB Shop Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ITAB Shop Concept applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that ITAB Shop Concept market price will keep on failing further. It has 122 observation points and a regression sum of squares at 31.61, which is the sum of squared deviations for the predicted ITAB Shop price change compared to its average price change.About ITAB Shop 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 ITAB Shop Concept 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 ITAB Shop Concept based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ITAB Shop Concept price pattern first instead of the macroeconomic environment surrounding ITAB Shop Concept. By analyzing ITAB Shop'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 ITAB Shop'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 ITAB Shop specific price patterns or momentum indicators. Please read more on our technical analysis page.
ITAB Shop November 26, 2024 Technical Indicators
Most technical analysis of ITAB 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 ITAB from various momentum indicators to cycle indicators. When you analyze ITAB 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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| Volume Indicators |
| Risk Adjusted Performance | 0.0106 | |||
| Market Risk Adjusted Performance | 0.0262 | |||
| Mean Deviation | 2.28 | |||
| Semi Deviation | 2.38 | |||
| Downside Deviation | 2.59 | |||
| Coefficient Of Variation | 27563.38 | |||
| Standard Deviation | 3.51 | |||
| Variance | 12.32 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.54) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0162 | |||
| Maximum Drawdown | 23.74 | |||
| Value At Risk | (4.28) | |||
| Potential Upside | 5.08 | |||
| Downside Variance | 6.73 | |||
| Semi Variance | 5.68 | |||
| Expected Short fall | (2.90) | |||
| Skewness | 2.55 | |||
| Kurtosis | 11.52 |
Additional Tools for ITAB Stock Analysis
When running ITAB Shop's price analysis, check to measure ITAB Shop'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 ITAB Shop is operating at the current time. Most of ITAB Shop's value examination focuses on studying past and present price action to predict the probability of ITAB Shop's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ITAB Shop's price. Additionally, you may evaluate how the addition of ITAB Shop to your portfolios can decrease your overall portfolio volatility.