Swedish Orphan (Sweden) Technical Analysis
SOBI Stock | SEK 267.80 4.40 1.62% |
As of the 28th of March, Swedish Orphan has the Coefficient Of Variation of 3622.6, risk adjusted performance of 0.0222, and Semi Deviation of 2.11. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Swedish Orphan Biovitrum, 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 were able to interpolate nineteen technical drivers for Swedish Orphan Biovitrum, which can be compared to its competition. Please validate Swedish Orphan Biovitrum downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Swedish Orphan is priced more or less accurately, providing market reflects its prevalent price of 267.8 per share.
Swedish Orphan Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Swedish, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SwedishSwedish |
Swedish Orphan 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.
Swedish Orphan Biovitrum Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Swedish Orphan Biovitrum volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Swedish Orphan Biovitrum Trend Analysis
Use this graph to draw trend lines for Swedish Orphan Biovitrum. You can use it to identify possible trend reversals for Swedish Orphan 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 Swedish Orphan price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Swedish Orphan Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Swedish Orphan Biovitrum applied against its price change over selected period. The best fit line has a slop of 0.33 , which may suggest that Swedish Orphan Biovitrum market price will keep on failing further. It has 122 observation points and a regression sum of squares at 4183.66, which is the sum of squared deviations for the predicted Swedish Orphan price change compared to its average price change.About Swedish Orphan 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 Swedish Orphan Biovitrum 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 Swedish Orphan Biovitrum based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Swedish Orphan Biovitrum price pattern first instead of the macroeconomic environment surrounding Swedish Orphan Biovitrum. By analyzing Swedish Orphan'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 Swedish Orphan'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 Swedish Orphan specific price patterns or momentum indicators. Please read more on our technical analysis page.
Swedish Orphan March 28, 2024 Technical Indicators
Most technical analysis of Swedish 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 Swedish from various momentum indicators to cycle indicators. When you analyze Swedish 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 | 0.0222 | |||
Market Risk Adjusted Performance | (0.35) | |||
Mean Deviation | 1.25 | |||
Semi Deviation | 2.11 | |||
Downside Deviation | 2.16 | |||
Coefficient Of Variation | 3622.6 | |||
Standard Deviation | 1.77 | |||
Variance | 3.14 | |||
Information Ratio | (0.05) | |||
Jensen Alpha | 0.0524 | |||
Total Risk Alpha | (0.36) | |||
Sortino Ratio | (0.04) | |||
Treynor Ratio | (0.36) | |||
Maximum Drawdown | 10.79 | |||
Value At Risk | (2.16) | |||
Potential Upside | 2.29 | |||
Downside Variance | 4.66 | |||
Semi Variance | 4.45 | |||
Expected Short fall | (1.16) | |||
Skewness | (1.52) | |||
Kurtosis | 5.8 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Swedish Orphan Biovitrum. 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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for Swedish Stock analysis
When running Swedish Orphan's price analysis, check to measure Swedish Orphan'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 Swedish Orphan is operating at the current time. Most of Swedish Orphan's value examination focuses on studying past and present price action to predict the probability of Swedish Orphan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Swedish Orphan's price. Additionally, you may evaluate how the addition of Swedish Orphan to your portfolios can decrease your overall portfolio volatility.
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