Actic Group (Sweden) Technical Analysis
ATIC Stock | SEK 4.45 0.08 1.83% |
As of the 20th of April, Actic Group shows the Risk Adjusted Performance of 0.0073, mean deviation of 2.53, and Standard Deviation of 4.19. Actic Group AB 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 Actic Group AB, which can be compared to its peers. Please confirm Actic Group AB mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Actic Group AB is priced correctly, providing market reflects its regular price of 4.45 per share.
Actic Group Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Actic, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ActicActic |
Actic Group 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.
Actic Group AB Technical Analysis
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 Actic Group AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Actic Group AB Trend Analysis
Use this graph to draw trend lines for Actic Group AB. You can use it to identify possible trend reversals for Actic Group 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 Actic Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Actic Group Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Actic Group AB applied against its price change over selected period. The best fit line has a slop of 0.0067 , which may suggest that Actic Group AB market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.69, which is the sum of squared deviations for the predicted Actic Group price change compared to its average price change.About Actic Group 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 Actic Group AB 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 Actic Group AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Actic Group AB price pattern first instead of the macroeconomic environment surrounding Actic Group AB. By analyzing Actic Group'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 Actic Group'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 Actic Group specific price patterns or momentum indicators. Please read more on our technical analysis page.
Actic Group April 20, 2024 Technical Indicators
Most technical analysis of Actic 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 Actic from various momentum indicators to cycle indicators. When you analyze Actic 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 | 0.0073 | |||
Market Risk Adjusted Performance | 0.0397 | |||
Mean Deviation | 2.53 | |||
Coefficient Of Variation | (50,343) | |||
Standard Deviation | 4.19 | |||
Variance | 17.52 | |||
Information Ratio | (0.02) | |||
Jensen Alpha | 0.0281 | |||
Total Risk Alpha | (0.53) | |||
Treynor Ratio | 0.0297 | |||
Maximum Drawdown | 28.36 | |||
Value At Risk | (5.56) | |||
Potential Upside | 6.0 | |||
Skewness | 2.67 | |||
Kurtosis | 11.92 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Actic Group AB. 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 Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Actic Stock analysis
When running Actic Group's price analysis, check to measure Actic Group'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 Actic Group is operating at the current time. Most of Actic Group's value examination focuses on studying past and present price action to predict the probability of Actic Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Actic Group's price. Additionally, you may evaluate how the addition of Actic Group to your portfolios can decrease your overall portfolio volatility.
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