AB Electrolux (Sweden) Technical Analysis
| ELUX-B Stock | SEK 90.20 0.70 0.78% |
As of the 19th of April, AB Electrolux owns the Market Risk Adjusted Performance of (0.09), variance of 3.91, and Information Ratio of (0.09). AB Electrolux technical analysis gives you the methodology to make use of past data patterns to determine a pattern that approximates the direction of the entity's future prices. Strictly speaking, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for AB Electrolux, which can be compared to its peers in the sector. Please confirm AB Electrolux coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if AB Electrolux is priced fairly, providing market reflects its prevailing price of 90.2 per share.
AB Electrolux Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ELUX-B, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ELUX-BELUX-B |
AB Electrolux 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.
AB Electrolux Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 AB Electrolux volatility. High ATR values indicate high volatility, and low values indicate low volatility.
AB Electrolux Trend Analysis
Use this graph to draw trend lines for AB Electrolux. You can use it to identify possible trend reversals for AB Electrolux 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 AB Electrolux price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.AB Electrolux Best Fit Change Line
The following chart estimates an ordinary least squares regression model for AB Electrolux applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that AB Electrolux market price will keep on failing further. It has 122 observation points and a regression sum of squares at 16.28, which is the sum of squared deviations for the predicted AB Electrolux price change compared to its average price change.About AB Electrolux 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 AB Electrolux 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 AB Electrolux based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on AB Electrolux price pattern first instead of the macroeconomic environment surrounding AB Electrolux. By analyzing AB Electrolux'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 AB Electrolux'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 AB Electrolux specific price patterns or momentum indicators. Please read more on our technical analysis page.
AB Electrolux April 19, 2024 Technical Indicators
Most technical analysis of ELUX-B 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 ELUX-B from various momentum indicators to cycle indicators. When you analyze ELUX-B 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 | (0.02) | |||
| Market Risk Adjusted Performance | (0.09) | |||
| Mean Deviation | 1.49 | |||
| Coefficient Of Variation | (1,958) | |||
| Standard Deviation | 1.98 | |||
| Variance | 3.91 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (0.10) | |||
| Maximum Drawdown | 8.37 | |||
| Value At Risk | (4.53) | |||
| Potential Upside | 2.66 | |||
| Skewness | (0.82) | |||
| Kurtosis | 1.1 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in AB Electrolux. 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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for ELUX-B Stock analysis
When running AB Electrolux's price analysis, check to measure AB Electrolux'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 AB Electrolux is operating at the current time. Most of AB Electrolux's value examination focuses on studying past and present price action to predict the probability of AB Electrolux's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AB Electrolux's price. Additionally, you may evaluate how the addition of AB Electrolux to your portfolios can decrease your overall portfolio volatility.
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