EWork Group (Sweden) Technical Analysis
| EWRK Stock | SEK 135.40 0.60 0.45% |
As of the 18th of April 2024, EWork Group shows the Coefficient Of Variation of (2,961), standard deviation of 2.07, and Risk Adjusted Performance of (0.01). eWork Group AB technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes 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 eWork Group AB, which can be compared to its peers. Please confirm eWork Group AB information ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk to decide if eWork Group AB is priced favorably, providing market reflects its regular price of 135.4 per share.
EWork Group Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as EWork, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EWorkEWork |
EWork Group 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.
eWork Group AB Technical Analysis
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 eWork Group AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.
eWork Group AB Trend Analysis
Use this graph to draw trend lines for eWork Group AB. You can use it to identify possible trend reversals for EWork Group 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 EWork Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.EWork Group Best Fit Change Line
The following chart estimates an ordinary least squares regression model for eWork Group AB applied against its price change over selected period. The best fit line has a slop of 0.14 , which may suggest that eWork Group AB market price will keep on failing further. It has 122 observation points and a regression sum of squares at 794.27, which is the sum of squared deviations for the predicted EWork Group price change compared to its average price change.About EWork Group 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 eWork Group 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 eWork Group AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on eWork Group AB price pattern first instead of the macroeconomic environment surrounding eWork Group AB. By analyzing EWork Group'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 EWork Group'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 EWork Group specific price patterns or momentum indicators. Please read more on our technical analysis page.
EWork Group April 18, 2024 Technical Indicators
Most technical analysis of EWork 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 EWork from various momentum indicators to cycle indicators. When you analyze EWork 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 | ||
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| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.16) | |||
| Mean Deviation | 1.66 | |||
| Coefficient Of Variation | (2,961) | |||
| Standard Deviation | 2.07 | |||
| Variance | 4.29 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (0.17) | |||
| Maximum Drawdown | 10.54 | |||
| Value At Risk | (2.76) | |||
| Potential Upside | 3.39 | |||
| Skewness | 0.0283 | |||
| Kurtosis | (0.03) |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in eWork Group 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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for EWork Stock analysis
When running EWork Group's price analysis, check to measure EWork Group'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 EWork Group is operating at the current time. Most of EWork Group's value examination focuses on studying past and present price action to predict the probability of EWork Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EWork Group's price. Additionally, you may evaluate how the addition of EWork Group to your portfolios can decrease your overall portfolio volatility.
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