Sogn Sparebank (Norway) Technical Analysis
| SOGN Stock | NOK 180.00 3.00 1.64% |
As of the 23rd of April, Sogn Sparebank has the Risk Adjusted Performance of 0.0916, semi deviation of 1.52, and Coefficient Of Variation of 729.2. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sogn Sparebank, 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 interpolate nineteen technical drivers for Sogn Sparebank, which can be compared to its competition. Please validate Sogn Sparebank variance, jensen alpha, and the relationship between the standard deviation and information ratio to decide if Sogn Sparebank is priced more or less accurately, providing market reflects its prevalent price of 180.0 per share.
Sogn Sparebank Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Sogn, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SognSogn |
Sogn Sparebank 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.
Sogn Sparebank Technical Analysis
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 Sogn Sparebank volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Sogn Sparebank Trend Analysis
Use this graph to draw trend lines for Sogn Sparebank. You can use it to identify possible trend reversals for Sogn Sparebank 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 Sogn Sparebank price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Sogn Sparebank Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Sogn Sparebank applied against its price change over selected period. The best fit line has a slop of 0.32 , which means Sogn Sparebank will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3776.47, which is the sum of squared deviations for the predicted Sogn Sparebank price change compared to its average price change.About Sogn Sparebank 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 Sogn Sparebank 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 Sogn Sparebank based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Sogn Sparebank price pattern first instead of the macroeconomic environment surrounding Sogn Sparebank. By analyzing Sogn Sparebank'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 Sogn Sparebank'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 Sogn Sparebank specific price patterns or momentum indicators. Please read more on our technical analysis page.
Sogn Sparebank April 23, 2024 Technical Indicators
Most technical analysis of Sogn 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 Sogn from various momentum indicators to cycle indicators. When you analyze Sogn 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0916 | |||
| Market Risk Adjusted Performance | (1.51) | |||
| Mean Deviation | 1.48 | |||
| Semi Deviation | 1.52 | |||
| Downside Deviation | 2.26 | |||
| Coefficient Of Variation | 729.2 | |||
| Standard Deviation | 2.17 | |||
| Variance | 4.71 | |||
| Information Ratio | 0.096 | |||
| Jensen Alpha | 0.3026 | |||
| Total Risk Alpha | 0.0083 | |||
| Sortino Ratio | 0.0924 | |||
| Treynor Ratio | (1.52) | |||
| Maximum Drawdown | 12.62 | |||
| Value At Risk | (3.23) | |||
| Potential Upside | 3.91 | |||
| Downside Variance | 5.09 | |||
| Semi Variance | 2.3 | |||
| Expected Short fall | (2.17) | |||
| Skewness | 0.579 | |||
| Kurtosis | 1.88 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sogn Sparebank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for Sogn Stock analysis
When running Sogn Sparebank's price analysis, check to measure Sogn Sparebank'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 Sogn Sparebank is operating at the current time. Most of Sogn Sparebank's value examination focuses on studying past and present price action to predict the probability of Sogn Sparebank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sogn Sparebank's price. Additionally, you may evaluate how the addition of Sogn Sparebank to your portfolios can decrease your overall portfolio volatility.
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