Artha Optimum (Denmark) Technical Analysis
| ARAOPT Stock | DKK 5,778 8.50 0.15% |
As of the 20th of April, Artha Optimum shows the Mean Deviation of 0.2038, risk adjusted performance of 0.1225, and Coefficient Of Variation of 448.7. Our technical analysis interface gives you tools to check existing technical drivers of Artha Optimum AS, as well as the relationship between them. 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 data for eighteen technical drivers for Artha Optimum AS, which can be compared to its peers. Please confirm Artha Optimum AS information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Artha Optimum AS is priced correctly, providing market reflects its regular price of 5778.0 per share.
Artha Optimum Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Artha, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ArthaArtha |
Artha Optimum 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.
Artha Optimum AS 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 Artha Optimum AS volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Artha Optimum AS Trend Analysis
Use this graph to draw trend lines for Artha Optimum AS. You can use it to identify possible trend reversals for Artha Optimum 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 Artha Optimum price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Artha Optimum Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Artha Optimum AS applied against its price change over selected period. The best fit line has a slop of 2.97 , which means Artha Optimum AS will continue generating value for investors. It has 122 observation points and a regression sum of squares at 332731.46, which is the sum of squared deviations for the predicted Artha Optimum price change compared to its average price change.About Artha Optimum 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 Artha Optimum 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 Artha Optimum AS based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Artha Optimum AS price pattern first instead of the macroeconomic environment surrounding Artha Optimum AS. By analyzing Artha Optimum'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 Artha Optimum'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 Artha Optimum specific price patterns or momentum indicators. Please read more on our technical analysis page.
Artha Optimum April 20, 2024 Technical Indicators
Most technical analysis of Artha 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 Artha from various momentum indicators to cycle indicators. When you analyze Artha 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 | 0.1225 | |||
| Market Risk Adjusted Performance | 0.6441 | |||
| Mean Deviation | 0.2038 | |||
| Downside Deviation | 0.2558 | |||
| Coefficient Of Variation | 448.7 | |||
| Standard Deviation | 0.2563 | |||
| Variance | 0.0657 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | 0.0415 | |||
| Total Risk Alpha | 0.0155 | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | 0.6341 | |||
| Maximum Drawdown | 1.02 | |||
| Value At Risk | (0.41) | |||
| Potential Upside | 0.4729 | |||
| Downside Variance | 0.0654 | |||
| Semi Variance | (0.01) | |||
| Expected Short fall | (0.24) | |||
| Skewness | (0.16) | |||
| Kurtosis | (0.34) |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Artha Optimum 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 american community survey. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Artha Stock analysis
When running Artha Optimum's price analysis, check to measure Artha Optimum'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 Artha Optimum is operating at the current time. Most of Artha Optimum's value examination focuses on studying past and present price action to predict the probability of Artha Optimum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Artha Optimum's price. Additionally, you may evaluate how the addition of Artha Optimum to your portfolios can decrease your overall portfolio volatility.
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Transaction History View history of all your transactions and understand their impact on performance |