Petronor (Norway) Technical Analysis
| PNOR Stock | NOK 8.86 0.16 1.84% |
As of the 25th of April, Petronor holds the Coefficient Of Variation of 768.48, risk adjusted performance of 0.0866, and Semi Deviation of 1.11. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Petronor, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Petronor EP, which can be compared to its competitors. Please check Petronor EP treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside to decide if Petronor EP is priced some-what accurately, providing market reflects its current price of 8.86 per share.
Petronor Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Petronor, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PetronorPetronor |
Petronor 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.
Petronor EP 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 Petronor EP volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Petronor EP Trend Analysis
Use this graph to draw trend lines for Petronor EP. You can use it to identify possible trend reversals for Petronor 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 Petronor price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Petronor Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Petronor EP applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Petronor EP will continue generating value for investors. It has 122 observation points and a regression sum of squares at 10.04, which is the sum of squared deviations for the predicted Petronor price change compared to its average price change.About Petronor 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 Petronor EP 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 Petronor EP based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Petronor EP price pattern first instead of the macroeconomic environment surrounding Petronor EP. By analyzing Petronor'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 Petronor'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 Petronor specific price patterns or momentum indicators. Please read more on our technical analysis page.
Petronor April 25, 2024 Technical Indicators
Most technical analysis of Petronor 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 Petronor from various momentum indicators to cycle indicators. When you analyze Petronor 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 | 0.0866 | |||
| Market Risk Adjusted Performance | 2.6 | |||
| Mean Deviation | 0.8815 | |||
| Semi Deviation | 1.11 | |||
| Downside Deviation | 1.5 | |||
| Coefficient Of Variation | 768.48 | |||
| Standard Deviation | 1.36 | |||
| Variance | 1.84 | |||
| Information Ratio | 0.0654 | |||
| Jensen Alpha | 0.1616 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0593 | |||
| Treynor Ratio | 2.59 | |||
| Maximum Drawdown | 8.84 | |||
| Value At Risk | (2.07) | |||
| Potential Upside | 2.33 | |||
| Downside Variance | 2.24 | |||
| Semi Variance | 1.22 | |||
| Expected Short fall | (1.01) | |||
| Skewness | (0.01) | |||
| Kurtosis | 3.35 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Petronor EP. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Petronor Stock analysis
When running Petronor's price analysis, check to measure Petronor'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 Petronor is operating at the current time. Most of Petronor's value examination focuses on studying past and present price action to predict the probability of Petronor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Petronor's price. Additionally, you may evaluate how the addition of Petronor to your portfolios can decrease your overall portfolio volatility.
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