VIMAB Group (Sweden) Technical Analysis
| VIMAB Stock | 7.95 0.30 3.92% |
As of the 28th of November, VIMAB Group has the coefficient of variation of 1815.44, and Risk Adjusted Performance of 0.0517. In connection with fundamental indicators, the technical analysis model makes it possible for you to check practical technical drivers of VIMAB Group AB, as well as the relationship between them. Please validate VIMAB Group AB jensen alpha, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance to decide if VIMAB Group is priced adequately, providing market reflects its prevalent price of 7.95 per share.
VIMAB 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 VIMAB, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to VIMABVIMAB |
VIMAB 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.
VIMAB Group AB Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 VIMAB Group AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.
VIMAB Group AB Trend Analysis
Use this graph to draw trend lines for VIMAB Group AB. You can use it to identify possible trend reversals for VIMAB 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 VIMAB Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.VIMAB Group Best Fit Change Line
The following chart estimates an ordinary least squares regression model for VIMAB Group AB applied against its price change over selected period. The best fit line has a slop of 0.02 , which means VIMAB Group AB will continue generating value for investors. It has 122 observation points and a regression sum of squares at 10.19, which is the sum of squared deviations for the predicted VIMAB Group price change compared to its average price change.About VIMAB 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 VIMAB Group 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 VIMAB Group AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on VIMAB Group AB price pattern first instead of the macroeconomic environment surrounding VIMAB Group AB. By analyzing VIMAB 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 VIMAB 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 VIMAB Group specific price patterns or momentum indicators. Please read more on our technical analysis page.
VIMAB Group November 28, 2024 Technical Indicators
Most technical analysis of VIMAB 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 VIMAB from various momentum indicators to cycle indicators. When you analyze VIMAB 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.
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| Risk Adjusted Performance | 0.0517 | |||
| Market Risk Adjusted Performance | (0.23) | |||
| Mean Deviation | 5.65 | |||
| Semi Deviation | 6.08 | |||
| Downside Deviation | 7.07 | |||
| Coefficient Of Variation | 1815.44 | |||
| Standard Deviation | 15.66 | |||
| Variance | 245.28 | |||
| Information Ratio | 0.0471 | |||
| Jensen Alpha | 1.26 | |||
| Total Risk Alpha | (1.51) | |||
| Sortino Ratio | 0.1043 | |||
| Treynor Ratio | (0.24) | |||
| Maximum Drawdown | 139.98 | |||
| Value At Risk | (10.98) | |||
| Potential Upside | 7.53 | |||
| Downside Variance | 50.02 | |||
| Semi Variance | 36.95 | |||
| Expected Short fall | (8.02) | |||
| Skewness | 6.56 | |||
| Kurtosis | 50.13 |
Additional Tools for VIMAB Stock Analysis
When running VIMAB Group's price analysis, check to measure VIMAB Group'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 VIMAB Group is operating at the current time. Most of VIMAB Group's value examination focuses on studying past and present price action to predict the probability of VIMAB Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VIMAB Group's price. Additionally, you may evaluate how the addition of VIMAB Group to your portfolios can decrease your overall portfolio volatility.