Sparinvest Europa (Denmark) Technical Analysis
SPIEUGKL | DKK 163.40 1.00 0.61% |
As of the 18th of March 2024, Sparinvest Europa has the Coefficient Of Variation of 592.57, semi deviation of 0.4209, and Risk Adjusted Performance of 0.1064. Our technical analysis interface makes it possible for you to check existing technical drivers of Sparinvest Europa Growth, as well as the relationship between them. In other words, you can use this information to find out if the fund will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We are able to break down and analyze data for nineteen technical drivers for Sparinvest Europa Growth, which can be compared to its competition. Please validate Sparinvest Europa Growth variance, as well as the relationship between the value at risk and skewness to decide if Sparinvest Europa is priced more or less accurately, providing market reflects its prevalent price of 163.4 per share.
Sparinvest Europa Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Sparinvest, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SparinvestSparinvest |
Sparinvest Europa technical fund 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, fund market cycles, or different charting patterns.
Sparinvest Europa Growth Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Sparinvest Europa Growth volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Sparinvest Europa Growth Trend Analysis
Use this graph to draw trend lines for Sparinvest Europa Growth. You can use it to identify possible trend reversals for Sparinvest Europa 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 Sparinvest Europa price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Sparinvest Europa Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Sparinvest Europa Growth applied against its price change over selected period. The best fit line has a slop of 0.19 , which means Sparinvest Europa Growth will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1310.53, which is the sum of squared deviations for the predicted Sparinvest Europa price change compared to its average price change.About Sparinvest Europa 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 Sparinvest Europa Growth 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 Sparinvest Europa Growth based on its technical analysis. In general, a bottom-up approach, as applied to this fund, focuses on Sparinvest Europa Growth price pattern first instead of the macroeconomic environment surrounding Sparinvest Europa Growth. By analyzing Sparinvest Europa'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 Sparinvest Europa'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 Sparinvest Europa specific price patterns or momentum indicators. Please read more on our technical analysis page.
Sparinvest Europa March 18, 2024 Technical Indicators
Most technical analysis of Sparinvest 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 Sparinvest from various momentum indicators to cycle indicators. When you analyze Sparinvest 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 | 0.1064 | |||
Market Risk Adjusted Performance | 0.7401 | |||
Mean Deviation | 0.4376 | |||
Semi Deviation | 0.4209 | |||
Downside Deviation | 0.6383 | |||
Coefficient Of Variation | 592.57 | |||
Standard Deviation | 0.6156 | |||
Variance | 0.379 | |||
Information Ratio | (0.06) | |||
Jensen Alpha | 0.0767 | |||
Total Risk Alpha | (0.04) | |||
Sortino Ratio | (0.06) | |||
Treynor Ratio | 0.7301 | |||
Maximum Drawdown | 2.84 | |||
Value At Risk | (1.00) | |||
Potential Upside | 1.28 | |||
Downside Variance | 0.4074 | |||
Semi Variance | 0.1772 | |||
Expected Short fall | (0.51) | |||
Skewness | 0.0578 | |||
Kurtosis | 0.9582 |
Sparinvest Europa March 18, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Sparinvest stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 0.00 | ||
Daily Balance Of Power | (Huge) | ||
Rate Of Daily Change | 0.99 | ||
Day Median Price | 163.40 | ||
Day Typical Price | 163.40 | ||
Price Action Indicator | (0.50) |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sparinvest Europa Growth. Also, note that the market value of any Fund could be tightly coupled with the direction of predictive economic indicators such as signals in employment. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Sparinvest Fund analysis
When running Sparinvest Europa's price analysis, check to measure Sparinvest Europa'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 Sparinvest Europa is operating at the current time. Most of Sparinvest Europa's value examination focuses on studying past and present price action to predict the probability of Sparinvest Europa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sparinvest Europa's price. Additionally, you may evaluate how the addition of Sparinvest Europa to your portfolios can decrease your overall portfolio volatility.
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