Coloplast (Denmark) Technical Analysis

COLO-B Stock  DKK 906.00  9.80  1.09%   
As of the 19th of April, Coloplast shows the Mean Deviation of 1.09, risk adjusted performance of 0.0744, and Downside Deviation of 1.37. Coloplast AS 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 nineteen technical drivers for Coloplast AS, which can be compared to its peers. Please confirm Coloplast AS variance, jensen alpha, and the relationship between the standard deviation and information ratio to decide if Coloplast AS is priced correctly, providing market reflects its regular price of 906.0 per share.

Coloplast Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Coloplast, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Coloplast
  
Coloplast's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Coloplast 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.
A focus of Coloplast technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Coloplast trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Coloplast AS Technical Analysis

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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 Coloplast AS volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Coloplast AS Trend Analysis

Use this graph to draw trend lines for Coloplast AS. You can use it to identify possible trend reversals for Coloplast 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 Coloplast price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Coloplast Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Coloplast AS applied against its price change over selected period. The best fit line has a slop of   2.49  , which means Coloplast AS will continue generating value for investors. It has 122 observation points and a regression sum of squares at 233788.12, which is the sum of squared deviations for the predicted Coloplast price change compared to its average price change.

About Coloplast 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 Coloplast AS 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 Coloplast AS based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Coloplast AS price pattern first instead of the macroeconomic environment surrounding Coloplast AS. By analyzing Coloplast'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 Coloplast'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 Coloplast specific price patterns or momentum indicators. Please read more on our technical analysis page.

Coloplast April 19, 2024 Technical Indicators

Most technical analysis of Coloplast 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 Coloplast from various momentum indicators to cycle indicators. When you analyze Coloplast 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.

Coloplast April 19, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Coloplast stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coloplast AS. 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 CEOs Directory module to screen CEOs from public companies around the world.

Complementary Tools for Coloplast Stock analysis

When running Coloplast's price analysis, check to measure Coloplast'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 Coloplast is operating at the current time. Most of Coloplast's value examination focuses on studying past and present price action to predict the probability of Coloplast's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coloplast's price. Additionally, you may evaluate how the addition of Coloplast to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Coloplast's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coloplast is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coloplast's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.