Orsted As Stock Technical Analysis

DOGEF Stock  USD 55.25  0.62  1.11%   
As of the 20th of April, Orsted AS holds the Semi Deviation of 2.42, risk adjusted performance of 0.0198, and Coefficient Of Variation of 4945.16. Orsted AS technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the company's future prices. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Orsted AS, which can be compared to its competitors. Please check Orsted AS treynor ratio, as well as the relationship between the potential upside and expected short fall to decide if Orsted AS is priced some-what accurately, providing market reflects its current price of 55.25 per share. Given that Orsted AS has jensen alpha of 0.0335, we recommend you to check out Orsted AS's recent market performance to make sure the company can sustain itself at a future point.

Orsted AS Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Orsted, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Orsted
  
Orsted AS'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.
Orsted AS technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Orsted AS technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Orsted AS 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...

Orsted AS Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was one with a total number of output elements of sixty. 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 Orsted AS volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Orsted AS Trend Analysis

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

Orsted AS Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Orsted AS applied against its price change over selected period. The best fit line has a slop of   0.02  , which may suggest that Orsted AS market price will keep on failing further. It has 122 observation points and a regression sum of squares at 14.86, which is the sum of squared deviations for the predicted Orsted AS price change compared to its average price change.

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

Orsted AS April 20, 2024 Technical Indicators

Most technical analysis of Orsted 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 Orsted from various momentum indicators to cycle indicators. When you analyze Orsted 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.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Orsted 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 income.
Note that the Orsted AS information on this page should be used as a complementary analysis to other Orsted AS's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Complementary Tools for Orsted Pink Sheet analysis

When running Orsted AS's price analysis, check to measure Orsted AS'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 Orsted AS is operating at the current time. Most of Orsted AS's value examination focuses on studying past and present price action to predict the probability of Orsted AS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orsted AS's price. Additionally, you may evaluate how the addition of Orsted AS to your portfolios can decrease your overall portfolio volatility.
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Equity Valuation
Check real value of public entities based on technical and fundamental data
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Please note, there is a significant difference between Orsted AS's value and its price as these two are different measures arrived at by different means. Investors typically determine if Orsted AS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Orsted AS'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.