As of 20 of October Biotage Ab shows Mean Deviation of 0.7433 and Risk Adjusted Performance of (0.20). Biotage Ab Ord 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 future prices. In plain English 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 found nineteen technical drivers for Biotage Ab Ord A which can be compared to its rivals. Please confirm Biotage Ab OrdMaximum Drawdown, and the relationship between Information Ratio and Downside Variance to decide if Biotage Ab Ord is priced correctly providing market reflects its regular price of 10.7 per share. Given that Biotage Ab has Jensen Alpha of (0.40), we suggest you validate Biotage Ab Ord A prevailing market performance to make sure the company can sustain itself at future point.
The output start index for this execution was twelve with a total number of output elements of eleven. 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 Biotage Ab Ord volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.
Biotage Ab Ord Trend Analysis
Use this graph to draw trend lines for Biotage Ab Ord A. You can use it to identify possible trend reversals for Biotage Ab 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 Biotage Ab price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Biotage Ab Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Biotage Ab Ord A applied against its price change over selected period. The best fit line has a slop of 0.05 which may suggest that Biotage Ab Ord A market price will keep on failing further. It has 46 observation points and a regression sum of squares at 4.41, which is the sum of squared deviations for the predicted Biotage Ab price change compared to its average price change.