Sonova Holding Ag Stock Technical Analysis

SONVF Stock  USD 270.05  11.65  4.14%   
As of the 19th of April, Sonova Holding has the Coefficient Of Variation of (1,095), variance of 4.48, and Risk Adjusted Performance of (0.05). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sonova Holding AG, 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 were able to interpolate and analyze data for thirteen technical drivers for Sonova Holding AG, which can be compared to its competition. Please validate Sonova Holding AG market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Sonova Holding is priced more or less accurately, providing market reflects its prevalent price of 270.05 per share. Given that Sonova Holding AG has information ratio of (0.12), we advise you to double-check Sonova Holding AG's current market performance to make sure the company can sustain itself at a future point.

Sonova Holding Momentum Analysis

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

Sonova Holding AG Technical Analysis

Indicator
Time Period
Execute Indicator
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 Sonova Holding AG volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Sonova Holding AG Trend Analysis

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

Sonova Holding Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Sonova Holding AG applied against its price change over selected period. The best fit line has a slop of   0.84  , which may suggest that Sonova Holding AG market price will keep on failing further. It has 122 observation points and a regression sum of squares at 26993.37, which is the sum of squared deviations for the predicted Sonova Holding price change compared to its average price change.

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

Sonova Holding April 19, 2024 Technical Indicators

Most technical analysis of Sonova 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 Sonova from various momentum indicators to cycle indicators. When you analyze Sonova 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.

Sonova Holding April 19, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Sonova stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonova Holding AG. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

Complementary Tools for Sonova Pink Sheet analysis

When running Sonova Holding's price analysis, check to measure Sonova Holding'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 Sonova Holding is operating at the current time. Most of Sonova Holding's value examination focuses on studying past and present price action to predict the probability of Sonova Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sonova Holding's price. Additionally, you may evaluate how the addition of Sonova Holding to your portfolios can decrease your overall portfolio volatility.
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Global Correlations
Find global opportunities by holding instruments from different markets
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Please note, there is a significant difference between Sonova Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonova Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonova Holding'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.