Sparinvest INDEX (Denmark) Technical Analysis
| SPVILRKL | DKK 104.20 0.10 0.1% |
As of the 24th of April, Sparinvest INDEX has the Coefficient Of Variation of 919.09, semi deviation of 0.1207, and Risk Adjusted Performance of 0.0528. Our technical analysis interface makes it possible for you to check existing technical drivers of Sparinvest INDEX Lav, 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 were able to break down and interpolate nineteen technical drivers for Sparinvest INDEX Lav, which can be compared to its competition. Please validate Sparinvest INDEX Lav variance, as well as the relationship between the value at risk and skewness to decide if Sparinvest INDEX is priced more or less accurately, providing market reflects its prevalent price of 104.2 per share.
Sparinvest INDEX 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 INDEX 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 INDEX Lav Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 INDEX Lav volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Sparinvest INDEX Lav Trend Analysis
Use this graph to draw trend lines for Sparinvest INDEX Lav. You can use it to identify possible trend reversals for Sparinvest 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 Sparinvest INDEX price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Sparinvest INDEX Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Sparinvest INDEX Lav applied against its price change over selected period. The best fit line has a slop of 0.03 , which means Sparinvest INDEX Lav will continue generating value for investors. It has 122 observation points and a regression sum of squares at 25.62, which is the sum of squared deviations for the predicted Sparinvest INDEX price change compared to its average price change.About Sparinvest INDEX 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 INDEX Lav 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 INDEX Lav based on its technical analysis. In general, a bottom-up approach, as applied to this fund, focuses on Sparinvest INDEX Lav price pattern first instead of the macroeconomic environment surrounding Sparinvest INDEX Lav. By analyzing Sparinvest INDEX'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 INDEX'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 INDEX specific price patterns or momentum indicators. Please read more on our technical analysis page.
Sparinvest INDEX April 24, 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 | 0.0528 | |||
| Market Risk Adjusted Performance | (0.22) | |||
| Mean Deviation | 0.1658 | |||
| Semi Deviation | 0.1207 | |||
| Downside Deviation | 0.3196 | |||
| Coefficient Of Variation | 919.09 | |||
| Standard Deviation | 0.2493 | |||
| Variance | 0.0622 | |||
| Information Ratio | (0.27) | |||
| Jensen Alpha | 0.0234 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.21) | |||
| Treynor Ratio | (0.23) | |||
| Maximum Drawdown | 1.49 | |||
| Value At Risk | (0.43) | |||
| Potential Upside | 0.4284 | |||
| Downside Variance | 0.1022 | |||
| Semi Variance | 0.0146 | |||
| Expected Short fall | (0.26) | |||
| Skewness | (0.07) | |||
| Kurtosis | 1.88 |
Sparinvest INDEX April 24, 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 | 2.02 | ||
| Daily Balance Of Power | (1.00) | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 104.25 | ||
| Day Typical Price | 104.23 | ||
| Price Action Indicator | (0.10) |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sparinvest INDEX Lav. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Please note, there is a significant difference between Sparinvest INDEX's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sparinvest INDEX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sparinvest INDEX's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.