Aega ASA (Norway) Technical Analysis
| AEGA Stock | NOK 1.97 0.02 1.01% |
As of the 18th of April 2024, Aega ASA shows the risk adjusted performance of (0.04), and Mean Deviation of 2.52. Aega ASA 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 thirteen technical drivers for Aega ASA, which can be compared to its peers. Please confirm Aega ASA variance, treynor ratio, and the relationship between the standard deviation and information ratio to decide if Aega ASA is priced correctly, providing market reflects its regular price of 1.97 per share.
Aega ASA Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Aega, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AegaAega |
Aega ASA 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.
Aega ASA Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Aega ASA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Aega ASA Trend Analysis
Use this graph to draw trend lines for Aega ASA. You can use it to identify possible trend reversals for Aega ASA 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 Aega ASA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Aega ASA Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Aega ASA applied against its price change over selected period. The best fit line has a slop of 0.0079 , which may suggest that Aega ASA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2.37, which is the sum of squared deviations for the predicted Aega ASA price change compared to its average price change.About Aega ASA 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 Aega ASA 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 Aega ASA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Aega ASA price pattern first instead of the macroeconomic environment surrounding Aega ASA. By analyzing Aega ASA'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 Aega ASA'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 Aega ASA specific price patterns or momentum indicators. Please read more on our technical analysis page.
Aega ASA April 18, 2024 Technical Indicators
Most technical analysis of Aega 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 Aega from various momentum indicators to cycle indicators. When you analyze Aega 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 | (0.04) | |||
| Market Risk Adjusted Performance | 4.46 | |||
| Mean Deviation | 2.52 | |||
| Coefficient Of Variation | (1,306) | |||
| Standard Deviation | 3.45 | |||
| Variance | 11.92 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | 4.45 | |||
| Maximum Drawdown | 16.33 | |||
| Value At Risk | (7.83) | |||
| Potential Upside | 5.5 | |||
| Skewness | (0.27) | |||
| Kurtosis | 0.7449 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aega ASA. 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Aega Stock analysis
When running Aega ASA's price analysis, check to measure Aega ASA'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 Aega ASA is operating at the current time. Most of Aega ASA's value examination focuses on studying past and present price action to predict the probability of Aega ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aega ASA's price. Additionally, you may evaluate how the addition of Aega ASA to your portfolios can decrease your overall portfolio volatility.
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