Orsted As Adr Stock Technical Analysis
| DNNGY Stock | USD 18.28 0.28 1.51% |
As of the 24th of April, Orsted AS holds the Risk Adjusted Performance of 7.0E-4, variance of 5.38, and Coefficient Of Variation of (9,452). Orsted AS ADR technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the company's future prices. 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 analyze and collect data for thirteen technical drivers for Orsted AS ADR, which can be compared to its competitors. Please check Orsted AS ADR market risk adjusted performance and treynor ratio to decide if Orsted AS ADR is priced some-what accurately, providing market reflects its current price of 18.28 per share. Given that Orsted AS has information ratio of (0.05), we recommend you to check out Orsted AS ADR's recent market performance to make sure the company can sustain itself at a future point.
Orsted AS Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Orsted, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OrstedOrsted |
Orsted AS technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Orsted AS ADR Technical Analysis
The output start index for this execution was thirty with a total number of output elements of thirty-one. 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 Orsted AS ADR volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Orsted AS ADR Trend Analysis
Use this graph to draw trend lines for Orsted AS ADR. You can use it to identify possible trend reversals for Orsted AS 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 Orsted AS price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Orsted AS Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Orsted AS ADR applied against its price change over selected period. The best fit line has a slop of 0.0072 , which may suggest that Orsted AS ADR market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.93, which is the sum of squared deviations for the predicted Orsted AS price change compared to its average price change.About Orsted AS 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 Orsted AS ADR 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 Orsted AS ADR based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Orsted AS ADR price pattern first instead of the macroeconomic environment surrounding Orsted AS ADR. By analyzing Orsted AS'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 Orsted AS'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 Orsted AS specific price patterns or momentum indicators. Please read more on our technical analysis page.
Orsted AS April 24, 2024 Technical Indicators
Most technical analysis of Orsted 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 Orsted from various momentum indicators to cycle indicators. When you analyze Orsted 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 | 7.0E-4 | |||
| Market Risk Adjusted Performance | (0.06) | |||
| Mean Deviation | 1.92 | |||
| Coefficient Of Variation | (9,452) | |||
| Standard Deviation | 2.32 | |||
| Variance | 5.38 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (0.07) | |||
| Maximum Drawdown | 10.04 | |||
| Value At Risk | (3.69) | |||
| Potential Upside | 3.78 | |||
| Skewness | 0.0333 | |||
| Kurtosis | (0.58) |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Orsted AS ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Orsted AS ADR information on this page should be used as a complementary analysis to other Orsted AS'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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Orsted Pink Sheet analysis
When running Orsted AS's price analysis, check to measure Orsted AS'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 Orsted AS is operating at the current time. Most of Orsted AS's value examination focuses on studying past and present price action to predict the probability of Orsted AS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orsted AS's price. Additionally, you may evaluate how the addition of Orsted AS to your portfolios can decrease your overall portfolio volatility.
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