Dedicare (Sweden) Technical Analysis
| DEDI Stock | SEK 99.50 0.40 0.40% |
As of the 23rd of April, Dedicare shows the Coefficient Of Variation of (2,175), standard deviation of 1.75, and Mean Deviation of 1.23. Dedicare AB technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes 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 Dedicare AB, which can be compared to its peers. Please confirm Dedicare AB mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Dedicare AB is priced favorably, providing market reflects its regular price of 99.5 per share.
Dedicare Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Dedicare, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DedicareDedicare |
Dedicare 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.
Dedicare 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 Dedicare AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Dedicare AB Trend Analysis
Use this graph to draw trend lines for Dedicare AB. You can use it to identify possible trend reversals for Dedicare 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 Dedicare price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Dedicare Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Dedicare AB applied against its price change over selected period. The best fit line has a slop of 0.04 , which may suggest that Dedicare AB market price will keep on failing further. It has 122 observation points and a regression sum of squares at 65.77, which is the sum of squared deviations for the predicted Dedicare price change compared to its average price change.About Dedicare 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 Dedicare 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 Dedicare AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Dedicare AB price pattern first instead of the macroeconomic environment surrounding Dedicare AB. By analyzing Dedicare'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 Dedicare'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 Dedicare specific price patterns or momentum indicators. Please read more on our technical analysis page.
Dedicare April 23, 2024 Technical Indicators
Most technical analysis of Dedicare 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 Dedicare from various momentum indicators to cycle indicators. When you analyze Dedicare 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 | (0.02) | |||
| Market Risk Adjusted Performance | (0.36) | |||
| Mean Deviation | 1.23 | |||
| Coefficient Of Variation | (2,175) | |||
| Standard Deviation | 1.75 | |||
| Variance | 3.07 | |||
| Information Ratio | (0.1) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (0.37) | |||
| Maximum Drawdown | 10.25 | |||
| Value At Risk | (2.35) | |||
| Potential Upside | 2.63 | |||
| Skewness | (0.76) | |||
| Kurtosis | 4.61 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dedicare 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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Dedicare Stock analysis
When running Dedicare's price analysis, check to measure Dedicare'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 Dedicare is operating at the current time. Most of Dedicare's value examination focuses on studying past and present price action to predict the probability of Dedicare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dedicare's price. Additionally, you may evaluate how the addition of Dedicare to your portfolios can decrease your overall portfolio volatility.
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