Nordic Paper (Sweden) Technical Analysis
| NPAPER Stock | SEK 49.80 0.06 0.12% |
As of the 2nd of December, Nordic Paper secures the Standard Deviation of 0.972, mean deviation of 0.6142, and Risk Adjusted Performance of (0.08). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nordic Paper Holding, as well as the relationship between them.
Nordic Paper Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nordic, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NordicNordic |
Nordic Paper 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.
Nordic Paper Holding Technical Analysis
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. 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 Nordic Paper Holding volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Nordic Paper Holding Trend Analysis
Use this graph to draw trend lines for Nordic Paper Holding. You can use it to identify possible trend reversals for Nordic Paper 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 Nordic Paper price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nordic Paper Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nordic Paper Holding applied against its price change over selected period. The best fit line has a slop of 0.07 , which may suggest that Nordic Paper Holding market price will keep on failing further. It has 122 observation points and a regression sum of squares at 177.79, which is the sum of squared deviations for the predicted Nordic Paper price change compared to its average price change.About Nordic Paper 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 Nordic Paper Holding 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 Nordic Paper Holding based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Nordic Paper Holding price pattern first instead of the macroeconomic environment surrounding Nordic Paper Holding. By analyzing Nordic Paper'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 Nordic Paper'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 Nordic Paper specific price patterns or momentum indicators. Please read more on our technical analysis page.
Nordic Paper December 2, 2024 Technical Indicators
Most technical analysis of Nordic 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 Nordic from various momentum indicators to cycle indicators. When you analyze Nordic 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 | (0.08) | |||
| Market Risk Adjusted Performance | (2.02) | |||
| Mean Deviation | 0.6142 | |||
| Coefficient Of Variation | (923.53) | |||
| Standard Deviation | 0.972 | |||
| Variance | 0.9448 | |||
| Information Ratio | (0.25) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (2.03) | |||
| Maximum Drawdown | 6.63 | |||
| Value At Risk | (1.73) | |||
| Potential Upside | 1.35 | |||
| Skewness | (1.04) | |||
| Kurtosis | 4.95 |
Complementary Tools for Nordic Stock analysis
When running Nordic Paper's price analysis, check to measure Nordic Paper'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 Nordic Paper is operating at the current time. Most of Nordic Paper's value examination focuses on studying past and present price action to predict the probability of Nordic Paper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nordic Paper's price. Additionally, you may evaluate how the addition of Nordic Paper to your portfolios can decrease your overall portfolio volatility.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Commodity Directory Find actively traded commodities issued by global exchanges |