Schibsted ASA (Norway) Technical Analysis
| SCHB Stock | NOK 341.40 9.00 2.71% |
As of the 27th of November, Schibsted ASA has the Risk Adjusted Performance of 0.1235, coefficient of variation of 651.76, and Semi Deviation of 1.47. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Schibsted ASA B, as well as the relationship between them. Please validate Schibsted ASA B variance, jensen alpha, and the relationship between the standard deviation and information ratio to decide if Schibsted ASA is priced more or less accurately, providing market reflects its prevalent price of 341.4 per share.
Schibsted 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 Schibsted, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SchibstedSchibsted |
Schibsted 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.
Schibsted ASA B Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Schibsted ASA B volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Schibsted ASA B Trend Analysis
Use this graph to draw trend lines for Schibsted ASA B. You can use it to identify possible trend reversals for Schibsted ASA 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 Schibsted ASA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Schibsted ASA Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Schibsted ASA B applied against its price change over selected period. The best fit line has a slop of 0.90 , which means Schibsted ASA B will continue generating value for investors. It has 122 observation points and a regression sum of squares at 30958.33, which is the sum of squared deviations for the predicted Schibsted ASA price change compared to its average price change.About Schibsted 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 Schibsted ASA B 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 Schibsted ASA B based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Schibsted ASA B price pattern first instead of the macroeconomic environment surrounding Schibsted ASA B. By analyzing Schibsted 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 Schibsted 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 Schibsted ASA specific price patterns or momentum indicators. Please read more on our technical analysis page.
Schibsted ASA November 27, 2024 Technical Indicators
Most technical analysis of Schibsted 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 Schibsted from various momentum indicators to cycle indicators. When you analyze Schibsted 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 | 0.1235 | |||
| Market Risk Adjusted Performance | (0.58) | |||
| Mean Deviation | 1.49 | |||
| Semi Deviation | 1.47 | |||
| Downside Deviation | 1.76 | |||
| Coefficient Of Variation | 651.76 | |||
| Standard Deviation | 2.04 | |||
| Variance | 4.17 | |||
| Information Ratio | 0.0895 | |||
| Jensen Alpha | 0.3651 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.1038 | |||
| Treynor Ratio | (0.59) | |||
| Maximum Drawdown | 10.03 | |||
| Value At Risk | (3.09) | |||
| Potential Upside | 4.74 | |||
| Downside Variance | 3.1 | |||
| Semi Variance | 2.16 | |||
| Expected Short fall | (1.77) | |||
| Skewness | 0.5353 | |||
| Kurtosis | 0.8577 |
Other Information on Investing in Schibsted Stock
Schibsted ASA financial ratios help investors to determine whether Schibsted 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 Schibsted with respect to the benefits of owning Schibsted ASA security.