Betsson AB (Sweden) Technical Analysis
| BETS-B Stock | SEK 110.30 0.50 0.46% |
As of the 18th of April 2024, Betsson AB shows the Mean Deviation of 1.2, downside deviation of 2.48, and Risk Adjusted Performance of 0.0194. Betsson 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 nineteen technical drivers for Betsson AB, which can be compared to its peers. Please confirm Betsson AB information ratio, treynor ratio, value at risk, as well as the relationship between the jensen alpha and maximum drawdown to decide if Betsson AB is priced correctly, providing market reflects its regular price of 110.3 per share.
Betsson AB Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Betsson, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BetssonBetsson |
Betsson AB 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.
Betsson 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 Betsson AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Betsson AB Trend Analysis
Use this graph to draw trend lines for Betsson AB. You can use it to identify possible trend reversals for Betsson AB 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 Betsson AB price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Betsson AB Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Betsson AB applied against its price change over selected period. The best fit line has a slop of 0.14 , which may suggest that Betsson AB market price will keep on failing further. It has 122 observation points and a regression sum of squares at 775.71, which is the sum of squared deviations for the predicted Betsson AB price change compared to its average price change.About Betsson AB 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 Betsson 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 Betsson AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Betsson AB price pattern first instead of the macroeconomic environment surrounding Betsson AB. By analyzing Betsson AB'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 Betsson AB'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 Betsson AB specific price patterns or momentum indicators. Please read more on our technical analysis page.
Betsson AB April 18, 2024 Technical Indicators
Most technical analysis of Betsson 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 Betsson from various momentum indicators to cycle indicators. When you analyze Betsson 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 | 0.0194 | |||
| Market Risk Adjusted Performance | (0.15) | |||
| Mean Deviation | 1.2 | |||
| Semi Deviation | 2.35 | |||
| Downside Deviation | 2.48 | |||
| Coefficient Of Variation | 5021.3 | |||
| Standard Deviation | 1.97 | |||
| Variance | 3.89 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | 0.0375 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.16) | |||
| Maximum Drawdown | 15.27 | |||
| Value At Risk | (2.05) | |||
| Potential Upside | 2.34 | |||
| Downside Variance | 6.17 | |||
| Semi Variance | 5.53 | |||
| Expected Short fall | (1.20) | |||
| Skewness | (2.88) | |||
| Kurtosis | 16.98 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Betsson 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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Betsson Stock analysis
When running Betsson AB's price analysis, check to measure Betsson AB'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 Betsson AB is operating at the current time. Most of Betsson AB's value examination focuses on studying past and present price action to predict the probability of Betsson AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Betsson AB's price. Additionally, you may evaluate how the addition of Betsson AB to your portfolios can decrease your overall portfolio volatility.
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