Kid ASA (Norway) Technical Analysis

KID Stock  NOK 152.20  3.40  2.28%   
As of the 24th of April, Kid ASA secures the Mean Deviation of 1.17, downside deviation of 1.66, and Risk Adjusted Performance of 0.0838. Kid ASA technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to break down nineteen technical drivers for Kid ASA, which can be compared to its peers in the industry. Please verify Kid ASA information ratio, value at risk, and the relationship between the standard deviation and treynor ratio to decide if Kid ASA is priced some-what accurately, providing market reflects its recent price of 152.2 per share.

Kid ASA Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Kid, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Kid
  
Kid ASA'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.
Kid ASA 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 Kid ASA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Kid ASA 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...

Kid ASA Technical Analysis

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The output start index for this execution was thirty with a total number of output elements of thirty-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 Kid ASA volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Kid ASA Trend Analysis

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

Kid ASA Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Kid ASA applied against its price change over selected period. The best fit line has a slop of   0.28  , which means Kid ASA will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2930.02, which is the sum of squared deviations for the predicted Kid ASA price change compared to its average price change.

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

Kid ASA April 24, 2024 Technical Indicators

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

Kid ASA April 24, 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 Kid 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kid ASA. 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.
Note that the Kid ASA information on this page should be used as a complementary analysis to other Kid ASA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Complementary Tools for Kid Stock analysis

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