Siem Offshore (Norway) Technical Analysis

SIOFF Stock  NOK 35.00  0.30  0.86%   
As of the 19th of April, Siem Offshore has the Risk Adjusted Performance of 0.1343, semi deviation of 1.41, and Coefficient Of Variation of 487.61. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Siem Offshore, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Siem Offshore, which can be compared to its competition. Please validate Siem Offshore variance, as well as the relationship between the maximum drawdown and semi variance to decide if Siem Offshore is priced more or less accurately, providing market reflects its prevalent price of 35.0 per share.

Siem Offshore Momentum Analysis

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

Siem Offshore Technical Analysis

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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 Siem Offshore volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Siem Offshore Trend Analysis

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

Siem Offshore Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Siem Offshore applied against its price change over selected period. The best fit line has a slop of   0.22  , which means Siem Offshore will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1790.62, which is the sum of squared deviations for the predicted Siem Offshore price change compared to its average price change.

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

Siem Offshore April 19, 2024 Technical Indicators

Most technical analysis of Siem 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 Siem from various momentum indicators to cycle indicators. When you analyze Siem 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Siem Offshore. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Siem Offshore information on this page should be used as a complementary analysis to other Siem Offshore'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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.

Complementary Tools for Siem Stock analysis

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