OEM International (Sweden) Technical Analysis
| OEM-B Stock | SEK 100.00 0.40 0.40% |
As of the 18th of April 2024, OEM International holds the risk adjusted performance of 0.0049, and Coefficient Of Variation of (57,672). Concerning fundamental indicators, the technical analysis model allows you to check practical technical drivers of OEM International, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We have analyzed thirteen technical drivers for OEM International, which can be compared to its competitors. Please check OEM International value at risk, skewness, and the relationship between the maximum drawdown and potential upside to decide if OEM International is priced more or less accurately, providing market reflects its current price of 100.0 per share.
OEM International Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as OEM, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OEMOEM |
OEM International 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.
OEM International Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 OEM International volatility. High ATR values indicate high volatility, and low values indicate low volatility.
OEM International Trend Analysis
Use this graph to draw trend lines for OEM International AB. You can use it to identify possible trend reversals for OEM International 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 OEM International price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.OEM International Best Fit Change Line
The following chart estimates an ordinary least squares regression model for OEM International AB applied against its price change over selected period. The best fit line has a slop of 0.05 , which means OEM International AB will continue generating value for investors. It has 122 observation points and a regression sum of squares at 94.25, which is the sum of squared deviations for the predicted OEM International price change compared to its average price change.About OEM International 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 OEM International 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 OEM International AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on OEM International price pattern first instead of the macroeconomic environment surrounding OEM International. By analyzing OEM International'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 OEM International'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 OEM International specific price patterns or momentum indicators. Please read more on our technical analysis page.
OEM International April 18, 2024 Technical Indicators
Most technical analysis of OEM 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 OEM from various momentum indicators to cycle indicators. When you analyze OEM 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 | 0.0049 | |||
| Market Risk Adjusted Performance | (0.03) | |||
| Mean Deviation | 1.24 | |||
| Coefficient Of Variation | (57,672) | |||
| Standard Deviation | 1.58 | |||
| Variance | 2.5 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (0.04) | |||
| Maximum Drawdown | 7.5 | |||
| Value At Risk | (2.69) | |||
| Potential Upside | 2.39 | |||
| Skewness | (0.18) | |||
| Kurtosis | 0.0803 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OEM International 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 bureau of labor statistics. Note that the OEM International information on this page should be used as a complementary analysis to other OEM International'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 Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for OEM Stock analysis
When running OEM International's price analysis, check to measure OEM International'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 OEM International is operating at the current time. Most of OEM International's value examination focuses on studying past and present price action to predict the probability of OEM International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OEM International's price. Additionally, you may evaluate how the addition of OEM International to your portfolios can decrease your overall portfolio volatility.
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