Demant As Adr Stock Technical Analysis
| WILYY Stock | USD 18.86 0.00 0.00% |
As of the 27th of November, Demant AS shows the Mean Deviation of 0.3879, variance of 0.7443, and Standard Deviation of 0.8627. In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of Demant AS, as well as the relationship between them.
Demant AS Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Demant, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DemantDemant |
Demant AS 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.
Demant AS ADR Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 Demant AS ADR volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Demant AS ADR Trend Analysis
Use this graph to draw trend lines for Demant AS ADR. You can use it to identify possible trend reversals for Demant AS 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 Demant AS price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Demant AS Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Demant AS ADR applied against its price change over selected period. The best fit line has a slop of 0.04 , which may suggest that Demant AS ADR market price will keep on failing further. It has 122 observation points and a regression sum of squares at 54.31, which is the sum of squared deviations for the predicted Demant AS price change compared to its average price change.About Demant AS 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 Demant AS ADR 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 Demant AS ADR based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Demant AS ADR price pattern first instead of the macroeconomic environment surrounding Demant AS ADR. By analyzing Demant AS'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 Demant AS'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 Demant AS specific price patterns or momentum indicators. Please read more on our technical analysis page.
Demant AS November 27, 2024 Technical Indicators
Most technical analysis of Demant 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 Demant from various momentum indicators to cycle indicators. When you analyze Demant 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 | (0.13) | |||
| Market Risk Adjusted Performance | (55.79) | |||
| Mean Deviation | 0.3879 | |||
| Coefficient Of Variation | (568.26) | |||
| Standard Deviation | 0.8627 | |||
| Variance | 0.7443 | |||
| Information Ratio | (0.33) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (55.80) | |||
| Maximum Drawdown | 7.99 | |||
| Value At Risk | (1.92) | |||
| Skewness | 0.0409 | |||
| Kurtosis | 14.55 |
Additional Tools for Demant Pink Sheet Analysis
When running Demant AS's price analysis, check to measure Demant AS'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 Demant AS is operating at the current time. Most of Demant AS's value examination focuses on studying past and present price action to predict the probability of Demant AS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Demant AS's price. Additionally, you may evaluate how the addition of Demant AS to your portfolios can decrease your overall portfolio volatility.