Trelleborg Ab Stock Technical Analysis
TBABF Stock | USD 35.10 0.00 0.00% |
As of the 23rd of April, Trelleborg has the Coefficient Of Variation of 3922.5, risk adjusted performance of 0.023, and Variance of 5.1. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Trelleborg AB, 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 have analyzed eleven technical drivers for Trelleborg AB, which can be compared to its competition. Please validate Trelleborg AB coefficient of variation, total risk alpha, as well as the relationship between the Total Risk Alpha and skewness to decide if Trelleborg is priced more or less accurately, providing market reflects its prevalent price of 35.1 per share. Given that Trelleborg AB has variance of 5.1, we advise you to double-check Trelleborg AB's current market performance to make sure the company can sustain itself at a future point.
Trelleborg Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Trelleborg, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TrelleborgTrelleborg |
Trelleborg technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Trelleborg AB Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. 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 Trelleborg AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Trelleborg AB Trend Analysis
Use this graph to draw trend lines for Trelleborg AB. You can use it to identify possible trend reversals for Trelleborg 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 Trelleborg price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Trelleborg Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Trelleborg AB applied against its price change over selected period. The best fit line has a slop of 0.08 , which means Trelleborg AB will continue generating value for investors. It has 122 observation points and a regression sum of squares at 217.49, which is the sum of squared deviations for the predicted Trelleborg price change compared to its average price change.About Trelleborg 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 Trelleborg AB 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 Trelleborg AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Trelleborg AB price pattern first instead of the macroeconomic environment surrounding Trelleborg AB. By analyzing Trelleborg'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 Trelleborg'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 Trelleborg specific price patterns or momentum indicators. Please read more on our technical analysis page.
Trelleborg April 23, 2024 Technical Indicators
Most technical analysis of Trelleborg 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 Trelleborg from various momentum indicators to cycle indicators. When you analyze Trelleborg 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 | 0.023 | |||
Market Risk Adjusted Performance | (0.13) | |||
Mean Deviation | 0.4416 | |||
Coefficient Of Variation | 3922.5 | |||
Standard Deviation | 2.26 | |||
Variance | 5.1 | |||
Information Ratio | (0.01) | |||
Jensen Alpha | 0.0744 | |||
Total Risk Alpha | (0.24) | |||
Treynor Ratio | (0.14) | |||
Maximum Drawdown | 14.63 | |||
Skewness | 2.49 | |||
Kurtosis | 35.31 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trelleborg AB. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Trelleborg AB information on this page should be used as a complementary analysis to other Trelleborg's 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Trelleborg Pink Sheet analysis
When running Trelleborg's price analysis, check to measure Trelleborg'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 Trelleborg is operating at the current time. Most of Trelleborg's value examination focuses on studying past and present price action to predict the probability of Trelleborg's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trelleborg's price. Additionally, you may evaluate how the addition of Trelleborg to your portfolios can decrease your overall portfolio volatility.
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