SP Group (Denmark) Technical Analysis
| SPG Stock | DKK 305.00 4.00 1.29% |
As of the 3rd of February, SP Group owns the Mean Deviation of 1.63, standard deviation of 2.0, and Risk Adjusted Performance of (0.02). Concerning fundamental indicators, the technical analysis model makes it possible for you to check potential technical drivers of SP Group AS, as well as the relationship between them.
SP Group Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SPG, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SPGSPG |
SP Group 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.
SP Group AS Technical Analysis
The output start index for this execution was sixty with a total number of output elements of one. 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 SP Group AS volatility. High ATR values indicate high volatility, and low values indicate low volatility.
SP Group AS Trend Analysis
Use this graph to draw trend lines for SP Group AS. You can use it to identify possible trend reversals for SP Group 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 SP Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.SP Group Best Fit Change Line
The following chart estimates an ordinary least squares regression model for SP Group AS applied against its price change over selected period. The best fit line has a slop of 0.35 , which may suggest that SP Group AS market price will keep on failing further. It has 122 observation points and a regression sum of squares at 4501.59, which is the sum of squared deviations for the predicted SP Group price change compared to its average price change.About SP Group 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 SP Group AS 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 SP Group AS based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on SP Group AS price pattern first instead of the macroeconomic environment surrounding SP Group AS. By analyzing SP Group'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 SP Group'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 SP Group specific price patterns or momentum indicators. Please read more on our technical analysis page.
SP Group February 3, 2025 Technical Indicators
Most technical analysis of SPG 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 SPG from various momentum indicators to cycle indicators. When you analyze SPG 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 | (0.02) | |||
| Market Risk Adjusted Performance | (0.11) | |||
| Mean Deviation | 1.63 | |||
| Coefficient Of Variation | (3,781) | |||
| Standard Deviation | 2.0 | |||
| Variance | 4.01 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (0.12) | |||
| Maximum Drawdown | 7.38 | |||
| Value At Risk | (3.16) | |||
| Potential Upside | 3.0 | |||
| Skewness | 0.222 | |||
| Kurtosis | (0.29) |
Other Information on Investing in SPG Stock
SP Group financial ratios help investors to determine whether SPG 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 SPG with respect to the benefits of owning SP Group security.