Scandinavian Brake (Denmark) Technical Analysis
| SBS Stock | DKK 11.65 0.05 0.43% |
As of the 19th of April, Scandinavian Brake has the Risk Adjusted Performance of (0.04), variance of 6.85, and Coefficient Of Variation of (1,236). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Scandinavian Brake, 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 are able to interpolate and collect thirteen technical drivers for Scandinavian Brake Systems, which can be compared to its competition. Please validate Scandinavian Brake variance, treynor ratio, and the relationship between the standard deviation and information ratio to decide if Scandinavian Brake is priced more or less accurately, providing market reflects its prevalent price of 11.65 per share.
Scandinavian Brake Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Scandinavian, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ScandinavianScandinavian |
Scandinavian Brake 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.
Scandinavian Brake 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 Scandinavian Brake volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Scandinavian Brake Trend Analysis
Use this graph to draw trend lines for Scandinavian Brake Systems. You can use it to identify possible trend reversals for Scandinavian Brake 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 Scandinavian Brake price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Scandinavian Brake Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Scandinavian Brake Systems applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that Scandinavian Brake Systems market price will keep on failing further. It has 122 observation points and a regression sum of squares at 33.52, which is the sum of squared deviations for the predicted Scandinavian Brake price change compared to its average price change.About Scandinavian Brake 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 Scandinavian Brake Systems 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 Scandinavian Brake Systems based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Scandinavian Brake price pattern first instead of the macroeconomic environment surrounding Scandinavian Brake. By analyzing Scandinavian Brake'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 Scandinavian Brake'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 Scandinavian Brake specific price patterns or momentum indicators. Please read more on our technical analysis page.
Scandinavian Brake April 19, 2024 Technical Indicators
Most technical analysis of Scandinavian 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 Scandinavian from various momentum indicators to cycle indicators. When you analyze Scandinavian 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 | (0.04) | |||
| Market Risk Adjusted Performance | (0.28) | |||
| Mean Deviation | 1.91 | |||
| Coefficient Of Variation | (1,236) | |||
| Standard Deviation | 2.62 | |||
| Variance | 6.85 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | (0.29) | |||
| Maximum Drawdown | 11.31 | |||
| Value At Risk | (4.13) | |||
| Potential Upside | 5.13 | |||
| Skewness | 0.2986 | |||
| Kurtosis | 0.1264 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Scandinavian Brake Systems. 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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Scandinavian Stock analysis
When running Scandinavian Brake's price analysis, check to measure Scandinavian Brake'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 Scandinavian Brake is operating at the current time. Most of Scandinavian Brake's value examination focuses on studying past and present price action to predict the probability of Scandinavian Brake's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scandinavian Brake's price. Additionally, you may evaluate how the addition of Scandinavian Brake to your portfolios can decrease your overall portfolio volatility.
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