Webstep ASA (Norway) Technical Analysis
| WSTEP Stock | NOK 18.50 0.30 1.60% |
As of the 2nd of February, Webstep ASA maintains the Standard Deviation of 1.71, mean deviation of 1.18, and Market Risk Adjusted Performance of (0.20). Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Webstep ASA, as well as the relationship between them.
Webstep ASA Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Webstep, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WebstepWebstep |
Webstep ASA 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Webstep ASA's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Webstep ASA.
| 11/04/2025 |
| 02/02/2026 |
If you would invest 0.00 in Webstep ASA on November 4, 2025 and sell it all today you would earn a total of 0.00 from holding Webstep ASA or generate 0.0% return on investment in Webstep ASA over 90 days. Webstep ASA is related to or competes with Itera ASA, REC Silicon, Arribatec Solutions, Techstep ASA, Next Biometrics, River Tech, and Huddly AS. Webstep ASA, together with its subsidiaries, provides information technology consultancy services to public and private ... More
Webstep ASA Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Webstep ASA's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Webstep ASA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 7.22 | |||
| Value At Risk | (2.65) | |||
| Potential Upside | 2.82 |
Webstep ASA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Webstep ASA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Webstep ASA's standard deviation. In reality, there are many statistical measures that can use Webstep ASA historical prices to predict the future Webstep ASA's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.21) |
Webstep ASA February 2, 2026 Technical Indicators
| 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 | (0.20) | |||
| Mean Deviation | 1.18 | |||
| Coefficient Of Variation | (1,942) | |||
| Standard Deviation | 1.71 | |||
| Variance | 2.94 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.21) | |||
| Maximum Drawdown | 7.22 | |||
| Value At Risk | (2.65) | |||
| Potential Upside | 2.82 | |||
| Skewness | (0.61) | |||
| Kurtosis | 2.06 |
Webstep ASA Backtested Returns
Webstep ASA shows Sharpe Ratio of -0.045, which attests that the company had a -0.045 % return per unit of risk over the last 3 months. Webstep ASA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Webstep ASA's Mean Deviation of 1.18, standard deviation of 1.71, and Market Risk Adjusted Performance of (0.20) to validate the risk estimate we provide. The firm maintains a market beta of 0.48, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Webstep ASA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Webstep ASA is expected to be smaller as well. At this point, Webstep ASA has a negative expected return of -0.0804%. Please make sure to check out Webstep ASA's maximum drawdown, as well as the relationship between the accumulation distribution and price action indicator , to decide if Webstep ASA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.03 |
Virtually no predictability
Webstep ASA has virtually no predictability. Overlapping area represents the amount of predictability between Webstep ASA time series from 4th of November 2025 to 19th of December 2025 and 19th of December 2025 to 2nd of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Webstep ASA price movement. The serial correlation of 0.03 indicates that only 3.0% of current Webstep ASA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Webstep ASA 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.
Webstep ASA Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Normalized Average True Range is used to analyze tradable apportunities for Webstep ASA across different markets.
About Webstep ASA 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 Webstep ASA 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 Webstep ASA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Webstep ASA price pattern first instead of the macroeconomic environment surrounding Webstep ASA. By analyzing Webstep ASA'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 Webstep ASA'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 Webstep ASA specific price patterns or momentum indicators. Please read more on our technical analysis page.
Webstep ASA February 2, 2026 Technical Indicators
Most technical analysis of Webstep 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 Webstep from various momentum indicators to cycle indicators. When you analyze Webstep 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 | (0.20) | |||
| Mean Deviation | 1.18 | |||
| Coefficient Of Variation | (1,942) | |||
| Standard Deviation | 1.71 | |||
| Variance | 2.94 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.21) | |||
| Maximum Drawdown | 7.22 | |||
| Value At Risk | (2.65) | |||
| Potential Upside | 2.82 | |||
| Skewness | (0.61) | |||
| Kurtosis | 2.06 |
Webstep ASA February 2, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Webstep stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 828.53 | ||
| Daily Balance Of Power | (0.38) | ||
| Rate Of Daily Change | 0.98 | ||
| Day Median Price | 18.30 | ||
| Day Typical Price | 18.37 | ||
| Price Action Indicator | 0.05 |
Other Information on Investing in Webstep Stock
Webstep ASA financial ratios help investors to determine whether Webstep 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 Webstep with respect to the benefits of owning Webstep ASA security.