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Sparindex Technical Analysis

SP
SPIDJWKL -- Denmark Stock  

DKK 139.65  4.25  3.14%

As of the 9th of April Sparindex INDEX has Coefficient Of Variation of (1,693) and Risk Adjusted Performance of (0.23). Macroaxis technical analysis interface makes it possible for you to check existing technical drivers of Sparindex INDEX DJSI 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 found nineteen technical drivers for Sparindex INDEX DJSI World KL, which can be compared to its competition. Please validate Sparindex INDEX DJSI Treynor Ratio, and the relationship between Standard Deviation and Downside Variance to decide if Sparindex INDEX is priced more or less accurately providing market reflects its prevalent price of 139.65 per share.
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Sparindex INDEX DJSI Technical Analysis

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Illegal number of arguments. 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 Sparindex INDEX DJSI volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Sparindex INDEX DJSI Trend Analysis

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

Sparindex INDEX Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Sparindex INDEX DJSI World KL applied against its price change over selected period. The best fit line has a slop of   0.92  which may suggest that Sparindex INDEX DJSI World KL market price will keep on failing further. It has 46 observation points and a regression sum of squares at 1704.51, which is the sum of squared deviations for the predicted Sparindex INDEX price change compared to its average price change.

Sparindex INDEX April 9, 2020 Technical Indicators

Additionally, take a look at World Market Map. Please also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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