BIMobject (Sweden) Technical Analysis
| BIM Stock | SEK 3.55 0.01 0.28% |
As of the 19th of April, BIMobject shows the Coefficient Of Variation of (1,144), mean deviation of 2.35, and Risk Adjusted Performance of (0.05). BIMobject 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 have collected data for thirteen technical drivers for BIMobject AB, which can be compared to its peers. Please confirm BIMobject AB standard deviation, treynor ratio, as well as the relationship between the Treynor Ratio and potential upside to decide if BIMobject AB is priced favorably, providing market reflects its regular price of 3.55 per share.
BIMobject Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as BIMobject, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BIMobjectBIMobject |
BIMobject 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.
BIMobject 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 BIMobject AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.
BIMobject AB Trend Analysis
Use this graph to draw trend lines for BIMobject AB. You can use it to identify possible trend reversals for BIMobject 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 BIMobject price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.BIMobject Best Fit Change Line
The following chart estimates an ordinary least squares regression model for BIMobject AB applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that BIMobject AB market price will keep on failing further. It has 122 observation points and a regression sum of squares at 5.6, which is the sum of squared deviations for the predicted BIMobject price change compared to its average price change.About BIMobject 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 BIMobject 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 BIMobject AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on BIMobject AB price pattern first instead of the macroeconomic environment surrounding BIMobject AB. By analyzing BIMobject'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 BIMobject'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 BIMobject specific price patterns or momentum indicators. Please read more on our technical analysis page.
BIMobject April 19, 2024 Technical Indicators
Most technical analysis of BIMobject 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 BIMobject from various momentum indicators to cycle indicators. When you analyze BIMobject 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 | (0.05) | |||
| Market Risk Adjusted Performance | (2.37) | |||
| Mean Deviation | 2.35 | |||
| Coefficient Of Variation | (1,144) | |||
| Standard Deviation | 3.23 | |||
| Variance | 10.41 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.60) | |||
| Treynor Ratio | (2.38) | |||
| Maximum Drawdown | 18.09 | |||
| Value At Risk | (5.75) | |||
| Potential Upside | 4.07 | |||
| Skewness | (1.30) | |||
| Kurtosis | 3.38 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BIMobject 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for BIMobject Stock analysis
When running BIMobject's price analysis, check to measure BIMobject'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 BIMobject is operating at the current time. Most of BIMobject's value examination focuses on studying past and present price action to predict the probability of BIMobject's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BIMobject's price. Additionally, you may evaluate how the addition of BIMobject to your portfolios can decrease your overall portfolio volatility.
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