Maj Invest (Denmark) Technical Analysis

MAJDKA Stock  DKK 188.06  0.00  0.00%   
As of the 13th of May 2024, Maj Invest secures the Risk Adjusted Performance of 0.0943, mean deviation of 0.4773, and Downside Deviation of 0.6204. Our technical analysis interface lets you check existing technical drivers of Maj Invest Danske, as well as the relationship between them. 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 collect data for nineteen technical drivers for Maj Invest, which can be compared to its peers in the industry. Please verify Maj Invest Danske information ratio, as well as the relationship between the value at risk and expected short fall to decide if Maj Invest Danske is priced some-what accurately, providing market reflects its recent price of 188.06 per share.

Maj Invest Momentum Analysis

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

Maj Invest Danske Technical Analysis

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The output start index for this execution was twenty with a total number of output elements of fourty-one. 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 Maj Invest Danske volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Maj Invest Danske Trend Analysis

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

Maj Invest Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Maj Invest Danske applied against its price change over selected period. The best fit line has a slop of   0.07  , which means Maj Invest Danske will continue generating value for investors. It has 122 observation points and a regression sum of squares at 184.61, which is the sum of squared deviations for the predicted Maj Invest price change compared to its average price change.

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

Maj Invest May 13, 2024 Technical Indicators

Most technical analysis of Maj 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 Maj from various momentum indicators to cycle indicators. When you analyze Maj 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Maj Invest Danske. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for Maj Stock analysis

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