DevPort AB (Sweden) Technical Analysis
| DEVP-B Stock | SEK 36.60 0.40 1.08% |
As of the 18th of April 2024, DevPort AB shows the Mean Deviation of 1.01, downside deviation of 1.26, and Coefficient Of Variation of 2557.11. DevPort 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 nineteen technical drivers for DevPort AB, which can be compared to its peers. Please confirm DevPort AB maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk to decide if DevPort AB is priced favorably, providing market reflects its regular price of 36.6 per share.
DevPort 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 DevPort, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DevPortDevPort |
DevPort 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.
DevPort 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 DevPort AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.
DevPort AB Trend Analysis
Use this graph to draw trend lines for DevPort AB. You can use it to identify possible trend reversals for DevPort 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 DevPort AB price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.DevPort AB Best Fit Change Line
The following chart estimates an ordinary least squares regression model for DevPort AB applied against its price change over selected period. The best fit line has a slop of 0.04 , which means DevPort AB will continue generating value for investors. It has 122 observation points and a regression sum of squares at 71.19, which is the sum of squared deviations for the predicted DevPort AB price change compared to its average price change.About DevPort 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 DevPort 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 DevPort AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on DevPort AB price pattern first instead of the macroeconomic environment surrounding DevPort AB. By analyzing DevPort 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 DevPort 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 DevPort AB specific price patterns or momentum indicators. Please read more on our technical analysis page.
DevPort AB April 18, 2024 Technical Indicators
Most technical analysis of DevPort 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 DevPort from various momentum indicators to cycle indicators. When you analyze DevPort 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.
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0297 | |||
| Market Risk Adjusted Performance | 0.6815 | |||
| Mean Deviation | 1.01 | |||
| Semi Deviation | 1.11 | |||
| Downside Deviation | 1.26 | |||
| Coefficient Of Variation | 2557.11 | |||
| Standard Deviation | 1.28 | |||
| Variance | 1.64 | |||
| Information Ratio | (0) | |||
| Jensen Alpha | 0.0373 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.6715 | |||
| Maximum Drawdown | 6.14 | |||
| Value At Risk | (1.88) | |||
| Potential Upside | 2.35 | |||
| Downside Variance | 1.58 | |||
| Semi Variance | 1.22 | |||
| Expected Short fall | (1.20) | |||
| Skewness | 0.2313 | |||
| Kurtosis | 0.0065 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DevPort 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for DevPort Stock analysis
When running DevPort AB's price analysis, check to measure DevPort 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 DevPort AB is operating at the current time. Most of DevPort AB's value examination focuses on studying past and present price action to predict the probability of DevPort 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 DevPort AB's price. Additionally, you may evaluate how the addition of DevPort AB to your portfolios can decrease your overall portfolio volatility.
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