Kongsberg Automotive (Norway) Technical Analysis
KOA Stock | NOK 1.49 0.01 0.67% |
As of the 24th of April, Kongsberg Automotive secures the Mean Deviation of 1.49, standard deviation of 1.95, and Risk Adjusted Performance of (0.08). Kongsberg Automotive Holding technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze thirteen technical drivers for Kongsberg Automotive, which can be compared to its peers in the industry. Please verify Kongsberg Automotive maximum drawdown, as well as the relationship between the potential upside and kurtosis to decide if Kongsberg Automotive Holding is priced some-what accurately, providing market reflects its recent price of 1.49 per share.
Kongsberg Automotive Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Kongsberg, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to KongsbergKongsberg |
Kongsberg Automotive 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.
Kongsberg Automotive 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 Kongsberg Automotive volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Kongsberg Automotive Trend Analysis
Use this graph to draw trend lines for Kongsberg Automotive Holding. You can use it to identify possible trend reversals for Kongsberg Automotive 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 Kongsberg Automotive price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Kongsberg Automotive Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Kongsberg Automotive Holding applied against its price change over selected period. The best fit line has a slop of 0.0063 , which may suggest that Kongsberg Automotive Holding market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.49, which is the sum of squared deviations for the predicted Kongsberg Automotive price change compared to its average price change.About Kongsberg Automotive 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 Kongsberg Automotive Holding 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 Kongsberg Automotive Holding based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Kongsberg Automotive price pattern first instead of the macroeconomic environment surrounding Kongsberg Automotive. By analyzing Kongsberg Automotive'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 Kongsberg Automotive'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 Kongsberg Automotive specific price patterns or momentum indicators. Please read more on our technical analysis page.
Kongsberg Automotive April 24, 2024 Technical Indicators
Most technical analysis of Kongsberg 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 Kongsberg from various momentum indicators to cycle indicators. When you analyze Kongsberg 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 | (0.08) | |||
Market Risk Adjusted Performance | 1.21 | |||
Mean Deviation | 1.49 | |||
Coefficient Of Variation | (734.04) | |||
Standard Deviation | 1.95 | |||
Variance | 3.79 | |||
Information Ratio | (0.18) | |||
Jensen Alpha | (0.26) | |||
Total Risk Alpha | (0.53) | |||
Treynor Ratio | 1.2 | |||
Maximum Drawdown | 11.25 | |||
Value At Risk | (2.76) | |||
Potential Upside | 2.82 | |||
Skewness | (0.82) | |||
Kurtosis | 3.1 |
Kongsberg Automotive April 24, 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 Kongsberg 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.
Accumulation Distribution | 20,467 | ||
Daily Balance Of Power | (0.50) | ||
Rate Of Daily Change | 0.99 | ||
Day Median Price | 1.49 | ||
Day Typical Price | 1.49 | ||
Price Action Indicator | (0.01) |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kongsberg Automotive Holding. 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. Note that the Kongsberg Automotive information on this page should be used as a complementary analysis to other Kongsberg Automotive'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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for Kongsberg Stock analysis
When running Kongsberg Automotive's price analysis, check to measure Kongsberg Automotive'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 Kongsberg Automotive is operating at the current time. Most of Kongsberg Automotive's value examination focuses on studying past and present price action to predict the probability of Kongsberg Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kongsberg Automotive's price. Additionally, you may evaluate how the addition of Kongsberg Automotive to your portfolios can decrease your overall portfolio volatility.
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