Asarina Pharma (Sweden) Technical Analysis
| ASAP Stock | SEK 0.89 0.06 6.32% |
As of the 18th of April 2024, Asarina Pharma shows the mean deviation of 3.35, and Risk Adjusted Performance of (0.03). Asarina Pharma AB 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 were able to interpolate thirteen technical drivers for Asarina Pharma AB, which can be compared to its peers. Please confirm Asarina Pharma AB coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if Asarina Pharma AB is priced correctly, providing market reflects its regular price of 0.89 per share.
Asarina 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 Asarina, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AsarinaAsarina |
Asarina 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.
Asarina Pharma AB Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Asarina Pharma AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Asarina Pharma AB Trend Analysis
Use this graph to draw trend lines for Asarina Pharma AB. You can use it to identify possible trend reversals for Asarina 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 Asarina Pharma price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Asarina Pharma Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Asarina Pharma AB applied against its price change over selected period. The best fit line has a slop of 0.0028 , which may suggest that Asarina Pharma AB market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.29, which is the sum of squared deviations for the predicted Asarina Pharma price change compared to its average price change.About Asarina 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 Asarina Pharma AB 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 Asarina Pharma AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Asarina Pharma AB price pattern first instead of the macroeconomic environment surrounding Asarina Pharma AB. By analyzing Asarina 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 Asarina 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 Asarina Pharma specific price patterns or momentum indicators. Please read more on our technical analysis page.
Asarina Pharma April 18, 2024 Technical Indicators
Most technical analysis of Asarina 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 Asarina from various momentum indicators to cycle indicators. When you analyze Asarina 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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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | 0.3571 | |||
| Mean Deviation | 3.35 | |||
| Coefficient Of Variation | (1,554) | |||
| Standard Deviation | 4.95 | |||
| Variance | 24.53 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.69) | |||
| Treynor Ratio | 0.3471 | |||
| Maximum Drawdown | 34.59 | |||
| Value At Risk | (7.07) | |||
| Potential Upside | 8.14 | |||
| Skewness | 0.4078 | |||
| Kurtosis | 3.5 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asarina Pharma AB. 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 Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for Asarina Stock analysis
When running Asarina Pharma's price analysis, check to measure Asarina 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 Asarina Pharma is operating at the current time. Most of Asarina Pharma's value examination focuses on studying past and present price action to predict the probability of Asarina 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 Asarina Pharma's price. Additionally, you may evaluate how the addition of Asarina Pharma to your portfolios can decrease your overall portfolio volatility.
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