Handelsinvest Nordamerika (Denmark) Technical Analysis

HAINAM Stock  DKK 237.10  1.74  0.73%   
As of the 19th of April, Handelsinvest Nordamerika retains the Market Risk Adjusted Performance of 0.1943, standard deviation of 1.84, and Risk Adjusted Performance of (0.03). Our technical analysis interface lets you check existing technical drivers of Handelsinvest Nordamerika, as well as the relationship between them. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze thirteen technical drivers for Handelsinvest Nordamerika, which can be compared to its competitors. Please check out Handelsinvest Nordamerika variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Handelsinvest Nordamerika is priced fairly, providing market reflects its last-minute price of 237.1 per share.

Handelsinvest Nordamerika Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Handelsinvest, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Handelsinvest
  
Handelsinvest Nordamerika's 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.
Handelsinvest Nordamerika 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 Handelsinvest Nordamerika technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Handelsinvest Nordamerika 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...

Handelsinvest Nordamerika Technical Analysis

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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 Handelsinvest Nordamerika volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Handelsinvest Nordamerika Trend Analysis

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

Handelsinvest Nordamerika Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Handelsinvest Nordamerika applied against its price change over selected period. The best fit line has a slop of   0.17  , which means Handelsinvest Nordamerika will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1144.72, which is the sum of squared deviations for the predicted Handelsinvest Nordamerika price change compared to its average price change.

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

Handelsinvest Nordamerika April 19, 2024 Technical Indicators

Most technical analysis of Handelsinvest 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 Handelsinvest from various momentum indicators to cycle indicators. When you analyze Handelsinvest 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.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Handelsinvest Nordamerika. 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 Handelsinvest Nordamerika information on this page should be used as a complementary analysis to other Handelsinvest Nordamerika'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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Complementary Tools for Handelsinvest Stock analysis

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