Hufvudstaden (Sweden) Technical Analysis

HUFV-A Stock  SEK 127.40  3.50  2.67%   
As of the 25th of April, Hufvudstaden retains the Risk Adjusted Performance of 0.0317, market risk adjusted performance of 0.0979, and Downside Deviation of 1.21. Hufvudstaden 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 Hufvudstaden AB, which can be compared to its competitors. Please check out Hufvudstaden AB coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if Hufvudstaden is priced fairly, providing market reflects its last-minute price of 127.4 per share.

Hufvudstaden Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Hufvudstaden, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Hufvudstaden
  
Hufvudstaden's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Hufvudstaden 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.
A focus of Hufvudstaden technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hufvudstaden trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Hufvudstaden AB Technical Analysis

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The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Hufvudstaden AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Hufvudstaden AB Trend Analysis

Use this graph to draw trend lines for Hufvudstaden AB. You can use it to identify possible trend reversals for Hufvudstaden 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 Hufvudstaden price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Hufvudstaden Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Hufvudstaden AB applied against its price change over selected period. The best fit line has a slop of   0.0041  , which may suggest that Hufvudstaden AB market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.65, which is the sum of squared deviations for the predicted Hufvudstaden price change compared to its average price change.

About Hufvudstaden 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 Hufvudstaden 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 Hufvudstaden AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Hufvudstaden AB price pattern first instead of the macroeconomic environment surrounding Hufvudstaden AB. By analyzing Hufvudstaden'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 Hufvudstaden'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 Hufvudstaden specific price patterns or momentum indicators. Please read more on our technical analysis page.

Hufvudstaden April 25, 2024 Technical Indicators

Most technical analysis of Hufvudstaden 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 Hufvudstaden from various momentum indicators to cycle indicators. When you analyze Hufvudstaden 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.

Hufvudstaden April 25, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Hufvudstaden stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hufvudstaden 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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When running Hufvudstaden's price analysis, check to measure Hufvudstaden'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 Hufvudstaden is operating at the current time. Most of Hufvudstaden's value examination focuses on studying past and present price action to predict the probability of Hufvudstaden's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hufvudstaden's price. Additionally, you may evaluate how the addition of Hufvudstaden to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Hufvudstaden's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hufvudstaden is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hufvudstaden's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.