Kongsberg Gruppen (Norway) Technical Analysis

KOG Stock  NOK 749.50  2.50  0.33%   
As of the 28th of March, Kongsberg Gruppen secures the Risk Adjusted Performance of 0.2528, coefficient of variation of 225.67, and Mean Deviation of 0.9614. Kongsberg Gruppen 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 analyze and collect data for eighteen technical drivers for Kongsberg Gruppen, which can be compared to its peers in the industry. Please verify Kongsberg Gruppen ASA treynor ratio, as well as the relationship between the potential upside and expected short fall to decide if Kongsberg Gruppen ASA is priced some-what accurately, providing market reflects its recent price of 749.5 per share.

Kongsberg Gruppen Momentum Analysis

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

Kongsberg Gruppen ASA Technical Analysis

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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 Kongsberg Gruppen ASA volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Kongsberg Gruppen ASA Trend Analysis

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

Kongsberg Gruppen Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Kongsberg Gruppen ASA applied against its price change over selected period. The best fit line has a slop of   4.61  , which means Kongsberg Gruppen ASA will continue producing value for investors. It has 122 observation points and a regression sum of squares at 802410.71, which is the sum of squared deviations for the predicted Kongsberg Gruppen price change compared to its average price change.

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

Kongsberg Gruppen March 28, 2024 Technical Indicators

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

Kongsberg Gruppen March 28, 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 Kongsberg 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 Kongsberg Gruppen 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 Kongsberg Gruppen ASA information on this page should be used as a complementary analysis to other Kongsberg Gruppen'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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Complementary Tools for Kongsberg Stock analysis

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