Storebrand Indeks (Denmark) Technical Analysis

STIIAM Stock  DKK 1,768  5.60  0.32%   
As of the 25th of April, Storebrand Indeks has the Risk Adjusted Performance of 0.1264, semi deviation of 0.4143, and Coefficient Of Variation of 490.44. Our technical analysis interface makes it possible for you to check existing technical drivers of Storebrand Indeks, 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 analyze nineteen technical drivers for Storebrand Indeks , which can be compared to its competition. Please validate Storebrand Indeks treynor ratio, as well as the relationship between the potential upside and expected short fall to decide if Storebrand Indeks is priced more or less accurately, providing market reflects its prevalent price of 1768.2 per share.

Storebrand Indeks Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Storebrand, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Storebrand
  
Storebrand Indeks' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Storebrand Indeks 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.
A focus of Storebrand Indeks technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Storebrand Indeks trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Storebrand Indeks Technical Analysis

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The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Storebrand Indeks volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Storebrand Indeks Trend Analysis

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

Storebrand Indeks Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Storebrand Indeks applied against its price change over selected period. The best fit line has a slop of   1.70  , which means Storebrand Indeks will continue generating value for investors. It has 122 observation points and a regression sum of squares at 108703.58, which is the sum of squared deviations for the predicted Storebrand Indeks price change compared to its average price change.

About Storebrand Indeks 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 Storebrand Indeks 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 Storebrand Indeks based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Storebrand Indeks price pattern first instead of the macroeconomic environment surrounding Storebrand Indeks. By analyzing Storebrand Indeks'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 Storebrand Indeks'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 Storebrand Indeks specific price patterns or momentum indicators. Please read more on our technical analysis page.

Storebrand Indeks April 25, 2024 Technical Indicators

Most technical analysis of Storebrand 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 Storebrand from various momentum indicators to cycle indicators. When you analyze Storebrand 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.

Storebrand Indeks April 25, 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 Storebrand 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.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Storebrand Indeks . Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Storebrand Indeks information on this page should be used as a complementary analysis to other Storebrand Indeks' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Complementary Tools for Storebrand Stock analysis

When running Storebrand Indeks' price analysis, check to measure Storebrand Indeks' 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 Storebrand Indeks is operating at the current time. Most of Storebrand Indeks' value examination focuses on studying past and present price action to predict the probability of Storebrand Indeks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Storebrand Indeks' price. Additionally, you may evaluate how the addition of Storebrand Indeks to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Storebrand Indeks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Storebrand Indeks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Storebrand Indeks' 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.