Sedana Medical (Sweden) Technical Analysis
| SEDANA Stock | SEK 11.96 0.30 2.45% |
As of the 24th of November, Sedana Medical has the Variance of 25.7, coefficient of variation of (611.33), and Risk Adjusted Performance of (0.12). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sedana Medical AB, as well as the relationship between them.
Sedana Medical Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Sedana, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SedanaSedana |
Sedana Medical 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.
Sedana Medical 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 Sedana Medical AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Sedana Medical AB Trend Analysis
Use this graph to draw trend lines for Sedana Medical AB. You can use it to identify possible trend reversals for Sedana Medical 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 Sedana Medical price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Sedana Medical Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Sedana Medical AB applied against its price change over selected period. The best fit line has a slop of 0.26 , which may suggest that Sedana Medical AB market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2521.82, which is the sum of squared deviations for the predicted Sedana Medical price change compared to its average price change.About Sedana Medical 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 Sedana Medical 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 Sedana Medical AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Sedana Medical AB price pattern first instead of the macroeconomic environment surrounding Sedana Medical AB. By analyzing Sedana Medical'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 Sedana Medical'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 Sedana Medical specific price patterns or momentum indicators. Please read more on our technical analysis page.
Sedana Medical November 24, 2024 Technical Indicators
Most technical analysis of Sedana 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 Sedana from various momentum indicators to cycle indicators. When you analyze Sedana 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 | (0.12) | |||
| Market Risk Adjusted Performance | (0.47) | |||
| Mean Deviation | 2.82 | |||
| Coefficient Of Variation | (611.33) | |||
| Standard Deviation | 5.07 | |||
| Variance | 25.7 | |||
| Information Ratio | (0.19) | |||
| Jensen Alpha | (1.05) | |||
| Total Risk Alpha | (1.64) | |||
| Treynor Ratio | (0.48) | |||
| Maximum Drawdown | 35.83 | |||
| Value At Risk | (6.69) | |||
| Potential Upside | 5.19 | |||
| Skewness | (2.80) | |||
| Kurtosis | 18.6 |
Complementary Tools for Sedana Stock analysis
When running Sedana Medical's price analysis, check to measure Sedana Medical'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 Sedana Medical is operating at the current time. Most of Sedana Medical's value examination focuses on studying past and present price action to predict the probability of Sedana Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sedana Medical's price. Additionally, you may evaluate how the addition of Sedana Medical to your portfolios can decrease your overall portfolio volatility.
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges |