Matas AS (Denmark) Technical Analysis
MATAS Stock | DKK 123.00 2.40 1.99% |
As of the 23rd of November, Matas AS secures the Standard Deviation of 1.42, mean deviation of 0.9747, and Risk Adjusted Performance of (0.01). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Matas AS, as well as the relationship between them.
Matas AS Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Matas, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MatasMatas |
Matas AS 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.
Matas AS 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 Matas AS volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Matas AS Trend Analysis
Use this graph to draw trend lines for Matas AS. You can use it to identify possible trend reversals for Matas AS 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 Matas AS price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Matas AS Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Matas AS applied against its price change over selected period. The best fit line has a slop of 0.05 , which means Matas AS will continue generating value for investors. It has 122 observation points and a regression sum of squares at 78.59, which is the sum of squared deviations for the predicted Matas AS price change compared to its average price change.About Matas AS 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 Matas AS 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 Matas AS based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Matas AS price pattern first instead of the macroeconomic environment surrounding Matas AS. By analyzing Matas AS'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 Matas AS'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 Matas AS specific price patterns or momentum indicators. Please read more on our technical analysis page.
Matas AS November 23, 2024 Technical Indicators
Most technical analysis of Matas 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 Matas from various momentum indicators to cycle indicators. When you analyze Matas 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 | (0.07) | |||
Mean Deviation | 0.9747 | |||
Coefficient Of Variation | (6,550) | |||
Standard Deviation | 1.42 | |||
Variance | 2.01 | |||
Information Ratio | (0.11) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.26) | |||
Treynor Ratio | (0.08) | |||
Maximum Drawdown | 9.56 | |||
Value At Risk | (2.45) | |||
Potential Upside | 1.99 | |||
Skewness | (1.18) | |||
Kurtosis | 4.66 |
Complementary Tools for Matas Stock analysis
When running Matas AS's price analysis, check to measure Matas AS'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 Matas AS is operating at the current time. Most of Matas AS's value examination focuses on studying past and present price action to predict the probability of Matas AS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Matas AS's price. Additionally, you may evaluate how the addition of Matas AS to your portfolios can decrease your overall portfolio volatility.
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