DNB ASA Technical Analysis

DNB ASA -- USA Stock  

USD 18.4  0.1  0.55%

DNB ASA owns Coefficient Of Variation of (4,950) and Market Risk Adjusted Performance of (0.083543). DNB ASA technical analysis allows you to utilize past data patterns in order to determine a pattern that computes the direction of the firm future prices. Strictly speaking you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns or the prices will eventually revert. We found nineteen technical drivers for DNB ASA which can be compared to its peers in the sector. Please confirm DNB ASA Jensen Alpha, Semi Variance and the relationship between Standard Deviation and Value At Risk to decide if DNB ASA is priced favorably providing market reflects its prevailing price of 18.4 per share. Given that DNB ASA has Jensen Alpha of (0.13), we urge you verify DNB ASA latest market performance to make sure the company can sustain itself in the future.
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DNB ASA Trend Analysis

Use this graph to draw trend lines for DNB ASA. You can use it to identify possible trend reversals for DNB 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 DNB ASA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

DNB ASA Best Fit Change Line

The following chart estimates an ordinary least squares regression model for DNB ASA applied against its price change over selected period. The best fit line has a slop of 0.006569 % which may suggest that DNB ASA market price will keep on failing further. It has 34 observation points and a regression sum of squares at 0.04, which is the sum of squared deviations for the predicted DNB ASA price change compared to its average price change.

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DNB ASA is one of the top stocks in mean deviation category among related companies. It is currently under evaluation in standard deviation category among related companies creating about  1.36  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for DNB ASA is roughly  1.36