Sprint Bioscience (Sweden) Technical Analysis
| SPRINT Stock | SEK 1.82 0.02 1.09% |
As of the 30th of November, Sprint Bioscience has the Coefficient Of Variation of 855.69, risk adjusted performance of 0.0978, and Semi Deviation of 4.22. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sprint Bioscience, as well as the relationship between them.
Sprint Bioscience Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Sprint, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SprintSprint |
Sprint Bioscience 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.
Sprint Bioscience Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-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 Sprint Bioscience volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Sprint Bioscience Trend Analysis
Use this graph to draw trend lines for Sprint Bioscience AB. You can use it to identify possible trend reversals for Sprint Bioscience 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 Sprint Bioscience price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Sprint Bioscience Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Sprint Bioscience AB applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Sprint Bioscience AB will continue generating value for investors. It has 122 observation points and a regression sum of squares at 4.7, which is the sum of squared deviations for the predicted Sprint Bioscience price change compared to its average price change.About Sprint Bioscience 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 Sprint Bioscience 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 Sprint Bioscience AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Sprint Bioscience price pattern first instead of the macroeconomic environment surrounding Sprint Bioscience. By analyzing Sprint Bioscience'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 Sprint Bioscience'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 Sprint Bioscience specific price patterns or momentum indicators. Please read more on our technical analysis page.
Sprint Bioscience November 30, 2024 Technical Indicators
Most technical analysis of Sprint 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 Sprint from various momentum indicators to cycle indicators. When you analyze Sprint 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 | 0.0978 | |||
| Market Risk Adjusted Performance | (2.38) | |||
| Mean Deviation | 3.37 | |||
| Semi Deviation | 4.22 | |||
| Downside Deviation | 5.14 | |||
| Coefficient Of Variation | 855.69 | |||
| Standard Deviation | 4.91 | |||
| Variance | 24.07 | |||
| Information Ratio | 0.0888 | |||
| Jensen Alpha | 0.5934 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | 0.0847 | |||
| Treynor Ratio | (2.39) | |||
| Maximum Drawdown | 29.57 | |||
| Value At Risk | (5.81) | |||
| Potential Upside | 9.88 | |||
| Downside Variance | 26.44 | |||
| Semi Variance | 17.77 | |||
| Expected Short fall | (4.41) | |||
| Skewness | (0.31) | |||
| Kurtosis | 2.45 |
Complementary Tools for Sprint Stock analysis
When running Sprint Bioscience's price analysis, check to measure Sprint Bioscience'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 Sprint Bioscience is operating at the current time. Most of Sprint Bioscience's value examination focuses on studying past and present price action to predict the probability of Sprint Bioscience's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sprint Bioscience's price. Additionally, you may evaluate how the addition of Sprint Bioscience to your portfolios can decrease your overall portfolio volatility.
| Stocks Directory Find actively traded stocks across global markets | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Equity Valuation Check real value of public entities based on technical and fundamental data |