Minesto AB (Sweden) Technical Analysis
MINEST Stock | SEK 2.44 0.09 3.83% |
As of the 24th of November, Minesto AB secures the Standard Deviation of 4.6, mean deviation of 3.23, and Risk Adjusted Performance of (0.03). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Minesto AB, as well as the relationship between them.
Minesto AB Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Minesto, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MinestoMinesto |
Minesto AB 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.
Minesto AB 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 Minesto AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Minesto AB Trend Analysis
Use this graph to draw trend lines for Minesto AB. You can use it to identify possible trend reversals for Minesto AB 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 Minesto AB price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Minesto AB Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Minesto AB applied against its price change over selected period. The best fit line has a slop of 0.0002 , which may suggest that Minesto AB market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Minesto AB price change compared to its average price change.About Minesto AB 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 Minesto AB 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 Minesto AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Minesto AB price pattern first instead of the macroeconomic environment surrounding Minesto AB. By analyzing Minesto AB'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 Minesto AB'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 Minesto AB specific price patterns or momentum indicators. Please read more on our technical analysis page.
Minesto AB November 24, 2024 Technical Indicators
Most technical analysis of Minesto 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 Minesto from various momentum indicators to cycle indicators. When you analyze Minesto 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 | (0.03) | |||
Market Risk Adjusted Performance | 0.5414 | |||
Mean Deviation | 3.23 | |||
Coefficient Of Variation | (2,177) | |||
Standard Deviation | 4.6 | |||
Variance | 21.19 | |||
Information Ratio | (0.07) | |||
Jensen Alpha | (0.17) | |||
Total Risk Alpha | (0.95) | |||
Treynor Ratio | 0.5314 | |||
Maximum Drawdown | 29.47 | |||
Value At Risk | (6.48) | |||
Potential Upside | 6.67 | |||
Skewness | 1.33 | |||
Kurtosis | 5.1 |
Complementary Tools for Minesto Stock analysis
When running Minesto AB's price analysis, check to measure Minesto AB'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 Minesto AB is operating at the current time. Most of Minesto AB's value examination focuses on studying past and present price action to predict the probability of Minesto AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Minesto AB's price. Additionally, you may evaluate how the addition of Minesto AB to your portfolios can decrease your overall portfolio volatility.
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