SKAGEN Global (Denmark) Technical Analysis
SKIGLO Stock | DKK 2,323 3.00 0.13% |
As of the 23rd of April, SKAGEN Global owns the risk adjusted performance of 0.0846, and Downside Deviation of 0.6609. Our technical analysis interface makes it possible for you to check helpful technical drivers of SKAGEN Global A, as well as the relationship between them. Strictly speaking, you can use this information to find out if the company will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for SKAGEN Global, which can be compared to its peers in the sector. Please validate SKAGEN Global A treynor ratio, and the relationship between the standard deviation and downside variance to decide if SKAGEN Global A is priced fairly, providing market reflects its prevailing price of 2323.0 per share.
SKAGEN Global Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SKAGEN, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SKAGENSKAGEN |
SKAGEN Global 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.
SKAGEN Global A 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 SKAGEN Global A volatility. High ATR values indicate high volatility, and low values indicate low volatility.
SKAGEN Global A Trend Analysis
Use this graph to draw trend lines for SKAGEN Global A. You can use it to identify possible trend reversals for SKAGEN Global 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 SKAGEN Global price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.SKAGEN Global Best Fit Change Line
The following chart estimates an ordinary least squares regression model for SKAGEN Global A applied against its price change over selected period. The best fit line has a slop of 1.50 , which means SKAGEN Global A will continue generating value for investors. It has 122 observation points and a regression sum of squares at 84774.3, which is the sum of squared deviations for the predicted SKAGEN Global price change compared to its average price change.About SKAGEN Global 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 SKAGEN Global A 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 SKAGEN Global A based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on SKAGEN Global A price pattern first instead of the macroeconomic environment surrounding SKAGEN Global A. By analyzing SKAGEN Global'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 SKAGEN Global'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 SKAGEN Global specific price patterns or momentum indicators. Please read more on our technical analysis page.
SKAGEN Global April 23, 2024 Technical Indicators
Most technical analysis of SKAGEN 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 SKAGEN from various momentum indicators to cycle indicators. When you analyze SKAGEN 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 | 0.0846 | |||
Market Risk Adjusted Performance | (0.45) | |||
Mean Deviation | 0.4446 | |||
Semi Deviation | 0.4619 | |||
Downside Deviation | 0.6609 | |||
Coefficient Of Variation | 722.81 | |||
Standard Deviation | 0.6067 | |||
Variance | 0.368 | |||
Information Ratio | (0) | |||
Jensen Alpha | 0.0861 | |||
Total Risk Alpha | (0.0008) | |||
Sortino Ratio | (0) | |||
Treynor Ratio | (0.46) | |||
Maximum Drawdown | 3.46 | |||
Value At Risk | (0.79) | |||
Potential Upside | 1.01 | |||
Downside Variance | 0.4368 | |||
Semi Variance | 0.2134 | |||
Expected Short fall | (0.47) | |||
Skewness | (0.45) | |||
Kurtosis | 1.46 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SKAGEN Global A. 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 economic analysis. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for SKAGEN Stock analysis
When running SKAGEN Global's price analysis, check to measure SKAGEN Global'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 SKAGEN Global is operating at the current time. Most of SKAGEN Global's value examination focuses on studying past and present price action to predict the probability of SKAGEN Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SKAGEN Global's price. Additionally, you may evaluate how the addition of SKAGEN Global to your portfolios can decrease your overall portfolio volatility.
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