Hifab Group (Sweden) Technical Analysis
| HIFA-B Stock | SEK 2.52 0.04 1.56% |
As of the 18th of April 2024, Hifab Group retains the Downside Deviation of 4.44, market risk adjusted performance of (0.14), and Risk Adjusted Performance of 0.0258. Hifab Group technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Hifab Group AB, which can be compared to its competitors. Please check out Hifab Group AB coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if Hifab Group is priced fairly, providing market reflects its last-minute price of 2.52 per share.
Hifab 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 Hifab, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HifabHifab |
Hifab 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.
Hifab 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 Hifab Group AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Hifab Group AB Trend Analysis
Use this graph to draw trend lines for Hifab Group AB. You can use it to identify possible trend reversals for Hifab 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 Hifab Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Hifab Group Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Hifab Group AB applied against its price change over selected period. The best fit line has a slop of 0.0016 , which may suggest that Hifab Group AB market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.1, which is the sum of squared deviations for the predicted Hifab Group price change compared to its average price change.About Hifab 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 Hifab 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 Hifab Group AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Hifab Group AB price pattern first instead of the macroeconomic environment surrounding Hifab Group AB. By analyzing Hifab 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 Hifab 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 Hifab Group specific price patterns or momentum indicators. Please read more on our technical analysis page.
Hifab Group April 18, 2024 Technical Indicators
Most technical analysis of Hifab 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 Hifab from various momentum indicators to cycle indicators. When you analyze Hifab 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 | 0.0258 | |||
| Market Risk Adjusted Performance | (0.14) | |||
| Mean Deviation | 2.37 | |||
| Semi Deviation | 2.9 | |||
| Downside Deviation | 4.44 | |||
| Coefficient Of Variation | 3603.49 | |||
| Standard Deviation | 3.62 | |||
| Variance | 13.08 | |||
| Information Ratio | 0.0124 | |||
| Jensen Alpha | 0.1171 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0101 | |||
| Treynor Ratio | (0.15) | |||
| Maximum Drawdown | 18.99 | |||
| Value At Risk | (6.15) | |||
| Potential Upside | 5.79 | |||
| Downside Variance | 19.71 | |||
| Semi Variance | 8.41 | |||
| Expected Short fall | (3.83) | |||
| Skewness | 0.4368 | |||
| Kurtosis | 1.75 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hifab 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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Hifab Stock analysis
When running Hifab Group's price analysis, check to measure Hifab 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 Hifab Group is operating at the current time. Most of Hifab Group's value examination focuses on studying past and present price action to predict the probability of Hifab 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 Hifab Group's price. Additionally, you may evaluate how the addition of Hifab Group to your portfolios can decrease your overall portfolio volatility.
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Money Managers Screen money managers from public funds and ETFs managed around the world |