Adevinta ASA (Norway) Technical Analysis
ADE Stock | NOK 114.10 0.20 0.18% |
As of the 25th of April, Adevinta ASA shows the mean deviation of 0.2931, and Risk Adjusted Performance of 0.0313. Adevinta ASA technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Adevinta ASA, which can be compared to its peers. Please confirm Adevinta ASA variance, maximum drawdown, and the relationship between the coefficient of variation and jensen alpha to decide if Adevinta ASA is priced correctly, providing market reflects its regular price of 114.1 per share.
Adevinta 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 Adevinta, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AdevintaAdevinta |
Adevinta 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.
Adevinta ASA 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 Adevinta ASA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Adevinta ASA Trend Analysis
Use this graph to draw trend lines for Adevinta ASA. You can use it to identify possible trend reversals for Adevinta ASA 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 Adevinta ASA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Adevinta ASA Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Adevinta ASA applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Adevinta ASA will continue generating value for investors. It has 122 observation points and a regression sum of squares at 13.03, which is the sum of squared deviations for the predicted Adevinta ASA price change compared to its average price change.About Adevinta 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 Adevinta 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 Adevinta ASA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Adevinta ASA price pattern first instead of the macroeconomic environment surrounding Adevinta ASA. By analyzing Adevinta 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 Adevinta 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 Adevinta ASA specific price patterns or momentum indicators. Please read more on our technical analysis page.
Adevinta ASA April 25, 2024 Technical Indicators
Most technical analysis of Adevinta 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 Adevinta from various momentum indicators to cycle indicators. When you analyze Adevinta 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 | 0.0313 | |||
Market Risk Adjusted Performance | 0.2148 | |||
Mean Deviation | 0.2931 | |||
Semi Deviation | 0.3782 | |||
Downside Deviation | 0.4699 | |||
Coefficient Of Variation | 1679.86 | |||
Standard Deviation | 0.3951 | |||
Variance | 0.1561 | |||
Information Ratio | (0.18) | |||
Jensen Alpha | 0.0079 | |||
Total Risk Alpha | (0.04) | |||
Sortino Ratio | (0.15) | |||
Treynor Ratio | 0.2048 | |||
Maximum Drawdown | 2.53 | |||
Value At Risk | (0.52) | |||
Potential Upside | 0.6195 | |||
Downside Variance | 0.2208 | |||
Semi Variance | 0.143 | |||
Expected Short fall | (0.33) | |||
Skewness | (1.03) | |||
Kurtosis | 3.89 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adevinta ASA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the Adevinta ASA information on this page should be used as a complementary analysis to other Adevinta ASA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Adevinta Stock analysis
When running Adevinta ASA's price analysis, check to measure Adevinta ASA'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 Adevinta ASA is operating at the current time. Most of Adevinta ASA's value examination focuses on studying past and present price action to predict the probability of Adevinta ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adevinta ASA's price. Additionally, you may evaluate how the addition of Adevinta ASA to your portfolios can decrease your overall portfolio volatility.
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