AGF AS (Denmark) Technical Analysis

AGF-B Stock  DKK 0.64  0.01  1.59%   
As of the 28th of March, AGF AS shows the Risk Adjusted Performance of 0.0285, mean deviation of 1.13, and Downside Deviation of 1.73. AGF AS 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 have analyzed nineteen technical drivers for AGF AS, which can be compared to its rivals. Please confirm AGF AS mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if AGF AS is priced fairly, providing market reflects its regular price of 0.64 per share.

AGF 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 AGF, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AGF
  
AGF AS'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.
AGF AS 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 AGF AS technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of AGF AS 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...

AGF AS 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 AGF AS volatility. High ATR values indicate high volatility, and low values indicate low volatility.

AGF AS Trend Analysis

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

AGF AS Best Fit Change Line

The following chart estimates an ordinary least squares regression model for AGF AS applied against its price change over selected period. The best fit line has a slop of   0.0004  , which means AGF AS will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted AGF AS price change compared to its average price change.

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

AGF AS March 28, 2024 Technical Indicators

Most technical analysis of AGF 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 AGF from various momentum indicators to cycle indicators. When you analyze AGF 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 AGF AS. 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 AGF AS information on this page should be used as a complementary analysis to other AGF 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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for AGF Stock analysis

When running AGF AS's price analysis, check to measure AGF 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 AGF AS is operating at the current time. Most of AGF AS's value examination focuses on studying past and present price action to predict the probability of AGF 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 AGF AS's price. Additionally, you may evaluate how the addition of AGF AS to your portfolios can decrease your overall portfolio volatility.
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Stocks Directory
Find actively traded stocks across global markets
Please note, there is a significant difference between AGF AS's value and its price as these two are different measures arrived at by different means. Investors typically determine if AGF AS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AGF AS'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.