As of 19 of January SinterCast has Risk Adjusted Performance of
(0.09) and Coefficient Of Variation of (2,268). In relation to Fundamental Indicators, Macroaxis technical analysis interface makes it possible for you to check existing technical drivers of SinterCast AB 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 found nineteen technical drivers for SinterCast AB which can be compared to its competition. Please validate SinterCast AB Information Ratio, Treynor Ratio, Value At Risk, as well as the relationship between Jensen Alpha and Maximum Drawdown to decide if SinterCast is priced more or less accurately providing market reflects its prevalent price of 83.0 per share.
|Horizon||30 Days Login to change|
SinterCast AB Technical Analysis
SinterCast AB Trend AnalysisUse this graph to draw trend lines for SinterCast AB. You can use it to identify possible trend reversals for SinterCast 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 SinterCast price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
SinterCast Best Fit Change LineThe following chart estimates an ordinary least squares regression model for SinterCast AB applied against its price change over selected period. The best fit line has a slop of 0.07 % which means SinterCast AB will continue generating value for investors. It has 78 observation points and a regression sum of squares at 54.89, which is the sum of squared deviations for the predicted SinterCast price change compared to its average price change.
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations when you add SinterCast AB to your portfolio
|Risk Adjusted Performance||(0.09)|
|Market Risk Adjusted Performance||0.6278|
|Coefficient Of Variation||(2,268)|
|Total Risk Alpha||(0.035779)|
|Value At Risk||(3.04)|