Suominen Oyj (Finland) Technical Analysis
| SUY1V Stock | EUR 2.72 0.05 1.81% |
As of the 16th of April 2024, Suominen Oyj has the Risk Adjusted Performance of 0.0152, coefficient of variation of 6750.49, and Semi Deviation of 1.26. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Suominen Oyj, 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 and analyze data for nineteen technical drivers for Suominen Oyj, which can be compared to its competition. Please validate Suominen Oyj variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Suominen Oyj is priced more or less accurately, providing market reflects its prevalent price of 2.72 per share.
Suominen Oyj Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Suominen, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SuominenSuominen |
Suominen Oyj 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.
Suominen Oyj 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 Suominen Oyj volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Suominen Oyj Trend Analysis
Use this graph to draw trend lines for Suominen Oyj. You can use it to identify possible trend reversals for Suominen Oyj 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 Suominen Oyj price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Suominen Oyj Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Suominen Oyj applied against its price change over selected period. The best fit line has a slop of 0 , which means Suominen Oyj will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.12, which is the sum of squared deviations for the predicted Suominen Oyj price change compared to its average price change.About Suominen Oyj 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 Suominen Oyj 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 Suominen Oyj based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Suominen Oyj price pattern first instead of the macroeconomic environment surrounding Suominen Oyj. By analyzing Suominen Oyj'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 Suominen Oyj'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 Suominen Oyj specific price patterns or momentum indicators. Please read more on our technical analysis page.
Suominen Oyj April 16, 2024 Technical Indicators
Most technical analysis of Suominen 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 Suominen from various momentum indicators to cycle indicators. When you analyze Suominen 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 | 0.0152 | |||
| Market Risk Adjusted Performance | 0.0479 | |||
| Mean Deviation | 0.9544 | |||
| Semi Deviation | 1.26 | |||
| Downside Deviation | 1.85 | |||
| Coefficient Of Variation | 6750.49 | |||
| Standard Deviation | 1.53 | |||
| Variance | 2.33 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0379 | |||
| Maximum Drawdown | 8.42 | |||
| Value At Risk | (2.60) | |||
| Potential Upside | 2.59 | |||
| Downside Variance | 3.4 | |||
| Semi Variance | 1.6 | |||
| Expected Short fall | (1.39) | |||
| Skewness | 0.4116 | |||
| Kurtosis | 1.94 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Suominen Oyj. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for Suominen Stock analysis
When running Suominen Oyj's price analysis, check to measure Suominen Oyj'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 Suominen Oyj is operating at the current time. Most of Suominen Oyj's value examination focuses on studying past and present price action to predict the probability of Suominen Oyj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Suominen Oyj's price. Additionally, you may evaluate how the addition of Suominen Oyj to your portfolios can decrease your overall portfolio volatility.
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