Aker Solutions (Norway) Technical Analysis
AKSO Stock | NOK 38.06 0.64 1.65% |
As of the 17th of April 2024, Aker Solutions shows the mean deviation of 1.62, and Risk Adjusted Performance of (0). Aker Solutions 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 Aker Solutions ASA, which can be compared to its peers. Please confirm Aker Solutions ASA mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Aker Solutions ASA is priced correctly, providing market reflects its regular price of 38.06 per share.
Aker Solutions Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Aker, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AkerAker |
Aker Solutions 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.
Aker Solutions ASA Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Aker Solutions ASA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Aker Solutions ASA Trend Analysis
Use this graph to draw trend lines for Aker Solutions ASA. You can use it to identify possible trend reversals for Aker Solutions 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 Aker Solutions price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Aker Solutions Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Aker Solutions ASA applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Aker Solutions ASA will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3.52, which is the sum of squared deviations for the predicted Aker Solutions price change compared to its average price change.About Aker Solutions 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 Aker Solutions 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 Aker Solutions ASA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Aker Solutions ASA price pattern first instead of the macroeconomic environment surrounding Aker Solutions ASA. By analyzing Aker Solutions'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 Aker Solutions'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 Aker Solutions specific price patterns or momentum indicators. Please read more on our technical analysis page.
Aker Solutions April 17, 2024 Technical Indicators
Most technical analysis of Aker 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 Aker from various momentum indicators to cycle indicators. When you analyze Aker 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) | |||
Market Risk Adjusted Performance | 0.0551 | |||
Mean Deviation | 1.62 | |||
Coefficient Of Variation | (7,502) | |||
Standard Deviation | 2.35 | |||
Variance | 5.54 | |||
Information Ratio | (0.04) | |||
Jensen Alpha | 0.0027 | |||
Total Risk Alpha | (0.22) | |||
Treynor Ratio | 0.0451 | |||
Maximum Drawdown | 11.43 | |||
Value At Risk | (3.61) | |||
Potential Upside | 2.54 | |||
Skewness | 0.4707 | |||
Kurtosis | 5.39 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aker Solutions 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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for Aker Stock analysis
When running Aker Solutions' price analysis, check to measure Aker Solutions' 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 Aker Solutions is operating at the current time. Most of Aker Solutions' value examination focuses on studying past and present price action to predict the probability of Aker Solutions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aker Solutions' price. Additionally, you may evaluate how the addition of Aker Solutions to your portfolios can decrease your overall portfolio volatility.
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