AlzeCure Pharma (Sweden) Technical Analysis
| ALZCUR Stock | SEK 2.00 0.08 3.85% |
As of the 19th of April, AlzeCure Pharma shows the Standard Deviation of 8.3, mean deviation of 5.65, and Risk Adjusted Performance of (0.02). AlzeCure Pharma 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 are able to break down and analyze data for thirteen technical drivers for AlzeCure Pharma, which can be compared to its peers. Please confirm AlzeCure Pharma market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if AlzeCure Pharma is priced correctly, providing market reflects its regular price of 2.0 per share.
AlzeCure Pharma Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as AlzeCure, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AlzeCureAlzeCure |
AlzeCure Pharma 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.
AlzeCure Pharma Technical Analysis
The output start index for this execution was fifty with a total number of output elements of eleven. 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 AlzeCure Pharma volatility. High ATR values indicate high volatility, and low values indicate low volatility.
AlzeCure Pharma Trend Analysis
Use this graph to draw trend lines for AlzeCure Pharma. You can use it to identify possible trend reversals for AlzeCure Pharma 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 AlzeCure Pharma price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.AlzeCure Pharma Best Fit Change Line
The following chart estimates an ordinary least squares regression model for AlzeCure Pharma applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that AlzeCure Pharma market price will keep on failing further. It has 122 observation points and a regression sum of squares at 7.86, which is the sum of squared deviations for the predicted AlzeCure Pharma price change compared to its average price change.About AlzeCure Pharma 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 AlzeCure Pharma 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 AlzeCure Pharma based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on AlzeCure Pharma price pattern first instead of the macroeconomic environment surrounding AlzeCure Pharma. By analyzing AlzeCure Pharma'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 AlzeCure Pharma'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 AlzeCure Pharma specific price patterns or momentum indicators. Please read more on our technical analysis page.
AlzeCure Pharma April 19, 2024 Technical Indicators
Most technical analysis of AlzeCure 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 AlzeCure from various momentum indicators to cycle indicators. When you analyze AlzeCure 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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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | 0.2096 | |||
| Mean Deviation | 5.65 | |||
| Coefficient Of Variation | (2,221) | |||
| Standard Deviation | 8.3 | |||
| Variance | 68.84 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (1.17) | |||
| Treynor Ratio | 0.1996 | |||
| Maximum Drawdown | 58.29 | |||
| Value At Risk | (10.67) | |||
| Potential Upside | 13.77 | |||
| Skewness | (0.51) | |||
| Kurtosis | 4.72 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AlzeCure Pharma. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for AlzeCure Stock analysis
When running AlzeCure Pharma's price analysis, check to measure AlzeCure Pharma'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 AlzeCure Pharma is operating at the current time. Most of AlzeCure Pharma's value examination focuses on studying past and present price action to predict the probability of AlzeCure Pharma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AlzeCure Pharma's price. Additionally, you may evaluate how the addition of AlzeCure Pharma to your portfolios can decrease your overall portfolio volatility.
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