Smurfit Kappa Group Bond Technical Analysis
| 832724AB4 | 102.39 0.12 0.12% |
As of the 30th of November, Smurfit has the Risk Adjusted Performance of (0.03), variance of 0.0602, and Coefficient Of Variation of (6,641). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Smurfit Kappa Group, as well as the relationship between them.
Smurfit Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Smurfit, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SmurfitSmurfit |
Smurfit technical bond 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, bond market cycles, or different charting patterns.
Smurfit Kappa Group Trend Analysis
Use this graph to draw trend lines for Smurfit Kappa Group. You can use it to identify possible trend reversals for Smurfit 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 Smurfit price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Smurfit Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Smurfit Kappa Group applied against its price change over selected period. The best fit line has a slop of 0 , which means Smurfit Kappa Group will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.4, which is the sum of squared deviations for the predicted Smurfit price change compared to its average price change.About Smurfit 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 Smurfit Kappa Group 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 Smurfit Kappa Group based on its technical analysis. In general, a bottom-up approach, as applied to this corporate bond, focuses on Smurfit Kappa Group price pattern first instead of the macroeconomic environment surrounding Smurfit Kappa Group. By analyzing Smurfit'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 Smurfit'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 Smurfit specific price patterns or momentum indicators. Please read more on our technical analysis page.
Smurfit November 30, 2024 Technical Indicators
Most technical analysis of Smurfit 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 Smurfit from various momentum indicators to cycle indicators. When you analyze Smurfit 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 | (0.03) | |||
| Market Risk Adjusted Performance | (0.18) | |||
| Mean Deviation | 0.1805 | |||
| Coefficient Of Variation | (6,641) | |||
| Standard Deviation | 0.2453 | |||
| Variance | 0.0602 | |||
| Information Ratio | (0.58) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.19) | |||
| Maximum Drawdown | 1.23 | |||
| Value At Risk | (0.47) | |||
| Potential Upside | 0.4186 | |||
| Skewness | (0.21) | |||
| Kurtosis | 0.7349 |
Other Information on Investing in Smurfit Bond
Smurfit financial ratios help investors to determine whether Smurfit Bond 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 Smurfit with respect to the benefits of owning Smurfit security.