Jyske Bank (Denmark) Technical Analysis

JYSK Stock  DKK 573.50  3.50  0.61%   
As of the 18th of April 2024, Jyske Bank retains the Market Risk Adjusted Performance of 0.9525, downside deviation of 1.36, and Risk Adjusted Performance of 0.0554. Jyske Bank technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Jyske Bank AS, which can be compared to its competitors. Please check out Jyske Bank AS information ratio, treynor ratio, value at risk, as well as the relationship between the jensen alpha and maximum drawdown to decide if Jyske Bank is priced fairly, providing market reflects its last-minute price of 573.5 per share.

Jyske Bank Momentum Analysis

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

Jyske Bank AS Technical Analysis

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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 Jyske Bank AS volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Jyske Bank AS Trend Analysis

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

Jyske Bank Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Jyske Bank AS applied against its price change over selected period. The best fit line has a slop of   1.48  , which means Jyske Bank AS will continue generating value for investors. It has 122 observation points and a regression sum of squares at 82891.91, which is the sum of squared deviations for the predicted Jyske Bank price change compared to its average price change.

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

Jyske Bank April 18, 2024 Technical Indicators

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

Jyske Bank April 18, 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 Jyske 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jyske Bank 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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Complementary Tools for Jyske Stock analysis

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