SKAGEN Technical Analysis

SM
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.

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SKAGEN M2 A Technical Analysis

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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.
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