Sandvik Ab Stock Technical Analysis
| SDVKF Stock | USD 18.27 0.04 0.22% |
As of the 27th of November, Sandvik AB has the Risk Adjusted Performance of (0.06), variance of 4.0, and Coefficient Of Variation of (1,088). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sandvik AB, as well as the relationship between them. Please validate Sandvik AB market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Sandvik AB is priced more or less accurately, providing market reflects its prevalent price of 18.27 per share. Given that Sandvik AB has information ratio of (0.16), we advise you to double-check Sandvik AB's current market performance to make sure the company can sustain itself at a future point.
Sandvik 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 Sandvik, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SandvikSandvik |
Sandvik AB technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Sandvik AB Technical Analysis
The output start index for this execution was four with a total number of output elements of fifty-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 Sandvik AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Sandvik AB Trend Analysis
Use this graph to draw trend lines for Sandvik AB. You can use it to identify possible trend reversals for Sandvik 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 Sandvik AB price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Sandvik AB Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Sandvik AB applied against its price change over selected period. The best fit line has a slop of 0.04 , which may suggest that Sandvik AB market price will keep on failing further. It has 122 observation points and a regression sum of squares at 70.09, which is the sum of squared deviations for the predicted Sandvik AB price change compared to its average price change.About Sandvik 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 Sandvik 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 Sandvik AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Sandvik AB price pattern first instead of the macroeconomic environment surrounding Sandvik AB. By analyzing Sandvik 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 Sandvik 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 Sandvik AB specific price patterns or momentum indicators. Please read more on our technical analysis page.
Sandvik AB November 27, 2024 Technical Indicators
Most technical analysis of Sandvik 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 Sandvik from various momentum indicators to cycle indicators. When you analyze Sandvik 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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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.06) | |||
| Market Risk Adjusted Performance | (0.99) | |||
| Mean Deviation | 0.911 | |||
| Coefficient Of Variation | (1,088) | |||
| Standard Deviation | 2.0 | |||
| Variance | 4.0 | |||
| Information Ratio | (0.16) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | (1.00) | |||
| Maximum Drawdown | 13.25 | |||
| Value At Risk | (4.58) | |||
| Potential Upside | 1.34 | |||
| Skewness | (0.29) | |||
| Kurtosis | 6.79 |
Complementary Tools for Sandvik Pink Sheet analysis
When running Sandvik AB's price analysis, check to measure Sandvik 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 Sandvik AB is operating at the current time. Most of Sandvik AB's value examination focuses on studying past and present price action to predict the probability of Sandvik 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 Sandvik AB's price. Additionally, you may evaluate how the addition of Sandvik AB to your portfolios can decrease your overall portfolio volatility.
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