Stora Enso Oyj Stock Technical Analysis
SEOAYDelisted Stock | USD 11.20 0.15 1.32% |
As of the 27th of November, Stora Enso has the Variance of 5.2, coefficient of variation of (1,296), and Risk Adjusted Performance of (0.05). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Stora Enso Oyj, as well as the relationship between them.
Stora Enso Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Stora, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to StoraStora |
Stora Enso 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.
Stora Enso Oyj Technical Analysis
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Stora Enso Oyj Trend Analysis
Use this graph to draw trend lines for Stora Enso Oyj. You can use it to identify possible trend reversals for Stora Enso 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 Stora Enso price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Stora Enso Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Stora Enso Oyj applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that Stora Enso Oyj market price will keep on failing further. It has 122 observation points and a regression sum of squares at 9.98, which is the sum of squared deviations for the predicted Stora Enso price change compared to its average price change.About Stora Enso 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 Stora Enso Oyj 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 Stora Enso Oyj based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Stora Enso Oyj price pattern first instead of the macroeconomic environment surrounding Stora Enso Oyj. By analyzing Stora Enso'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 Stora Enso'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 Stora Enso specific price patterns or momentum indicators. Please read more on our technical analysis page.
Stora Enso November 27, 2024 Technical Indicators
Most technical analysis of Stora 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 Stora from various momentum indicators to cycle indicators. When you analyze Stora 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 | (0.05) | |||
Market Risk Adjusted Performance | (20.20) | |||
Mean Deviation | 1.65 | |||
Coefficient Of Variation | (1,296) | |||
Standard Deviation | 2.28 | |||
Variance | 5.2 | |||
Information Ratio | (0.13) | |||
Jensen Alpha | (0.19) | |||
Total Risk Alpha | (0.54) | |||
Treynor Ratio | (20.21) | |||
Maximum Drawdown | 8.62 | |||
Value At Risk | (3.59) | |||
Potential Upside | 2.69 | |||
Skewness | (1.35) | |||
Kurtosis | 5.18 |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Other Consideration for investing in Stora Pink Sheet
If you are still planning to invest in Stora Enso Oyj check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Stora Enso's history and understand the potential risks before investing.
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