Akva (Norway) Technical Analysis

AKVA Stock  NOK 69.00  0.20  0.29%   
As of the 18th of April 2024, Akva shows the Mean Deviation of 2.39, risk adjusted performance of 0.032, and Downside Deviation of 2.69. Akva Group technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Akva Group, which can be compared to its peers. Please confirm Akva Group information ratio, treynor ratio, value at risk, as well as the relationship between the jensen alpha and maximum drawdown to decide if Akva Group is priced correctly, providing market reflects its regular price of 69.0 per share.

Akva Momentum Analysis

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

Akva Group Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Akva Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Akva Group Trend Analysis

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

Akva Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Akva Group applied against its price change over selected period. The best fit line has a slop of   0.31  , which means Akva Group will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3608.88, which is the sum of squared deviations for the predicted Akva price change compared to its average price change.

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

Akva April 18, 2024 Technical Indicators

Most technical analysis of Akva 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 Akva from various momentum indicators to cycle indicators. When you analyze Akva 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Akva Group. 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Complementary Tools for Akva Stock analysis

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