Securitas Ab Stock Technical Analysis
| SCTBY Stock | USD 10.31 0.00 0.00% |
As of the 24th of April, Securitas has the Risk Adjusted Performance of 0.0625, variance of 2.3, and Coefficient Of Variation of 1088.35. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Securitas AB, 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 have analyzed eleven technical drivers for Securitas AB, which can be compared to its competition. Please validate Securitas AB coefficient of variation and skewness to decide if Securitas is priced more or less accurately, providing market reflects its prevalent price of 10.31 per share. Given that Securitas AB has variance of 2.3, we advise you to double-check Securitas AB's current market performance to make sure the company can sustain itself at a future point.
Securitas Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Securitas, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SecuritasSecuritas |
Securitas 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.
Securitas AB Technical Analysis
The output start index for this execution was eight with a total number of output elements of fifty-three. 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 Securitas AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Securitas AB Trend Analysis
Use this graph to draw trend lines for Securitas AB. You can use it to identify possible trend reversals for Securitas 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 Securitas price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Securitas Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Securitas AB applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Securitas AB will continue generating value for investors. It has 122 observation points and a regression sum of squares at 16.02, which is the sum of squared deviations for the predicted Securitas price change compared to its average price change.About Securitas 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 Securitas AB 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 Securitas AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Securitas AB price pattern first instead of the macroeconomic environment surrounding Securitas AB. By analyzing Securitas'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 Securitas'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 Securitas specific price patterns or momentum indicators. Please read more on our technical analysis page.
Securitas April 24, 2024 Technical Indicators
Most technical analysis of Securitas 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 Securitas from various momentum indicators to cycle indicators. When you analyze Securitas 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 | 0.0625 | |||
| Market Risk Adjusted Performance | (3.08) | |||
| Mean Deviation | 0.4028 | |||
| Coefficient Of Variation | 1088.35 | |||
| Standard Deviation | 1.52 | |||
| Variance | 2.3 | |||
| Information Ratio | 0.0331 | |||
| Jensen Alpha | 0.1328 | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (3.09) | |||
| Maximum Drawdown | 12.63 | |||
| Skewness | 6.8 | |||
| Kurtosis | 53.45 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Securitas AB. 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 labor statistics. Note that the Securitas AB information on this page should be used as a complementary analysis to other Securitas' 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for Securitas Pink Sheet analysis
When running Securitas' price analysis, check to measure Securitas' 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 Securitas is operating at the current time. Most of Securitas' value examination focuses on studying past and present price action to predict the probability of Securitas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Securitas' price. Additionally, you may evaluate how the addition of Securitas to your portfolios can decrease your overall portfolio volatility.
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