SeaBird Exploration (Norway) Technical Analysis
SBX Stock | NOK 4.22 0.03 0.71% |
As of the 28th of March, SeaBird Exploration has the Risk Adjusted Performance of (0.03), variance of 2.67, and Coefficient Of Variation of (1,356). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of SeaBird Exploration Plc, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We have analyzed and interpolated thirteen technical drivers for SeaBird Exploration Plc, which can be compared to its competition. Please validate SeaBird Exploration Plc variance, as well as the relationship between the maximum drawdown and skewness to decide if SeaBird Exploration is priced more or less accurately, providing market reflects its prevalent price of 4.22 per share.
SeaBird Exploration Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SeaBird, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SeaBirdSeaBird |
SeaBird Exploration 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.
SeaBird Exploration Plc Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 SeaBird Exploration Plc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
SeaBird Exploration Plc Trend Analysis
Use this graph to draw trend lines for SeaBird Exploration Plc. You can use it to identify possible trend reversals for SeaBird Exploration 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 SeaBird Exploration price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.SeaBird Exploration Best Fit Change Line
The following chart estimates an ordinary least squares regression model for SeaBird Exploration Plc applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that SeaBird Exploration Plc market price will keep on failing further. It has 122 observation points and a regression sum of squares at 4.4, which is the sum of squared deviations for the predicted SeaBird Exploration price change compared to its average price change.About SeaBird Exploration 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 SeaBird Exploration Plc 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 SeaBird Exploration Plc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on SeaBird Exploration Plc price pattern first instead of the macroeconomic environment surrounding SeaBird Exploration Plc. By analyzing SeaBird Exploration'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 SeaBird Exploration'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 SeaBird Exploration specific price patterns or momentum indicators. Please read more on our technical analysis page.
SeaBird Exploration March 28, 2024 Technical Indicators
Most technical analysis of SeaBird 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 SeaBird from various momentum indicators to cycle indicators. When you analyze SeaBird 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 | 7.74 | |||
Mean Deviation | 1.2 | |||
Coefficient Of Variation | (1,356) | |||
Standard Deviation | 1.64 | |||
Variance | 2.67 | |||
Information Ratio | (0.16) | |||
Jensen Alpha | (0.13) | |||
Total Risk Alpha | (0.50) | |||
Treynor Ratio | 7.73 | |||
Maximum Drawdown | 10.15 | |||
Value At Risk | (2.32) | |||
Potential Upside | 2.32 | |||
Skewness | (0.47) | |||
Kurtosis | 2.73 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SeaBird Exploration Plc. 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. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for SeaBird Stock analysis
When running SeaBird Exploration's price analysis, check to measure SeaBird Exploration'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 SeaBird Exploration is operating at the current time. Most of SeaBird Exploration's value examination focuses on studying past and present price action to predict the probability of SeaBird Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SeaBird Exploration's price. Additionally, you may evaluate how the addition of SeaBird Exploration to your portfolios can decrease your overall portfolio volatility.
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