Ringkjoebing Landbobank (Denmark) Technical Analysis

RILBA Stock  DKK 1,166  11.00  0.93%   
As of the 19th of March, Ringkjoebing Landbobank holds the Semi Deviation of 0.5734, risk adjusted performance of 0.1868, and Coefficient Of Variation of 346.73. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Ringkjoebing Landbobank, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Ringkjoebing Landbobank, which can be compared to its competitors. Please check Ringkjoebing Landbobank jensen alpha, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance to decide if Ringkjoebing Landbobank is priced some-what accurately, providing market reflects its current price of 1166.0 per share.

Ringkjoebing Landbobank Momentum Analysis

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

Ringkjoebing Landbobank Technical Analysis

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The output start index for this execution was ten with a total number of output elements of fifty-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 Ringkjoebing Landbobank volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Ringkjoebing Landbobank Trend Analysis

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

Ringkjoebing Landbobank Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Ringkjoebing Landbobank AS applied against its price change over selected period. The best fit line has a slop of   4.47  , which means Ringkjoebing Landbobank AS will continue producing value for investors. It has 122 observation points and a regression sum of squares at 756405.17, which is the sum of squared deviations for the predicted Ringkjoebing Landbobank price change compared to its average price change.

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

Ringkjoebing Landbobank March 19, 2024 Technical Indicators

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

Ringkjoebing Landbobank March 19, 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 Ringkjoebing 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ringkjoebing Landbobank 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 nation.
Note that the Ringkjoebing Landbobank information on this page should be used as a complementary analysis to other Ringkjoebing Landbobank'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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Complementary Tools for Ringkjoebing Stock analysis

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