SKAGEN Technical Analysis

SKIM2 -- Denmark Stock  

DKK 148.10  0.75  0.51%

As of the 27th of May SKAGEN M2 owns Risk Adjusted Performance of (0.22). Macroaxis technical analysis interface makes it possible for you to check helpful technical drivers of SKAGEN M2 A as well as the relationship between them. Strictly speaking, you can use this information to find out if the company will indeed mirror its model of historical prices and volume patterns or the prices will eventually revert. We found nineteen technical drivers for SKAGEN M2, which can be compared to its peers in the sector. Please validate SKAGEN M2 A Coefficient Of Variation, Variance and the relationship between Downside Deviation and Standard Deviation to decide if SKAGEN M2 A is priced fairly providing market reflects its prevailing price of 148.1 per share.

Search Technical Analysis


SKAGEN M2 A Technical Analysis

Time Period
  Portfolio Suggestion  Portfolio Suggestion  
Execute Indicator
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

SKAGEN M2 A Trend Analysis

Use this graph to draw trend lines for SKAGEN M2 A. You can use it to identify possible trend reversals for SKAGEN M2 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 SKAGEN M2 price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

SKAGEN M2 Best Fit Change Line

The following chart estimates an ordinary least squares regression model for SKAGEN M2 A applied against its price change over selected period. The best fit line has a slop of   -2.26  which may suggest that SKAGEN M2 A market price will keep on failing further. It has 48 observation points and a regression sum of squares at 11768.28, which is the sum of squared deviations for the predicted SKAGEN M2 price change compared to its average price change.

About SKAGEN M2 Technical Analysis

The Macroaxis 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 SKAGEN M2 A 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 SKAGEN M2 A based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on SKAGEN M2 A stock first instead of the macroeconomic environment surrounding SKAGEN M2 A. By analyzing SKAGEN M2's financials, daily price indicators, and its related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of SKAGEN M2'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 SKAGEN M2 specific price patterns or momentum indicators. Please read more on our technical analysis page.

SKAGEN M2 May 27, 2020 Technical Indicators

Additionally, take a look at World Market Map. Please also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Company logos by clearbit
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page