Philly Shipyard (Norway) Technical Analysis
| PHLY Stock | NOK 37.10 1.30 3.39% |
As of the 16th of April 2024, Philly Shipyard holds the Variance of 11.49, risk adjusted performance of (0.09), and Coefficient Of Variation of (639.40). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Philly Shipyard, 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 were able to interpolate thirteen technical drivers for Philly Shipyard ASA, which can be compared to its competitors. Please check Philly Shipyard ASA treynor ratio, value at risk, and the relationship between the information ratio and maximum drawdown to decide if Philly Shipyard ASA is priced some-what accurately, providing market reflects its current price of 37.1 per share.
Philly Shipyard Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Philly, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PhillyPhilly |
Philly Shipyard 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.
Philly Shipyard ASA Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Philly Shipyard ASA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Philly Shipyard ASA Trend Analysis
Use this graph to draw trend lines for Philly Shipyard ASA. You can use it to identify possible trend reversals for Philly Shipyard 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 Philly Shipyard price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Philly Shipyard Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Philly Shipyard ASA applied against its price change over selected period. The best fit line has a slop of 0.35 , which may suggest that Philly Shipyard ASA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 4655.1, which is the sum of squared deviations for the predicted Philly Shipyard price change compared to its average price change.About Philly Shipyard 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 Philly Shipyard 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 Philly Shipyard ASA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Philly Shipyard ASA price pattern first instead of the macroeconomic environment surrounding Philly Shipyard ASA. By analyzing Philly Shipyard'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 Philly Shipyard'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 Philly Shipyard specific price patterns or momentum indicators. Please read more on our technical analysis page.
Philly Shipyard April 16, 2024 Technical Indicators
Most technical analysis of Philly 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 Philly from various momentum indicators to cycle indicators. When you analyze Philly 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 | (0.09) | |||
| Market Risk Adjusted Performance | (0.63) | |||
| Mean Deviation | 2.26 | |||
| Coefficient Of Variation | (639.40) | |||
| Standard Deviation | 3.39 | |||
| Variance | 11.49 | |||
| Information Ratio | (0.17) | |||
| Jensen Alpha | (0.58) | |||
| Total Risk Alpha | (0.83) | |||
| Treynor Ratio | (0.64) | |||
| Maximum Drawdown | 19.78 | |||
| Value At Risk | (4.81) | |||
| Potential Upside | 3.27 | |||
| Skewness | (1.55) | |||
| Kurtosis | 6.68 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Philly Shipyard 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. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Philly Stock analysis
When running Philly Shipyard's price analysis, check to measure Philly Shipyard'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 Philly Shipyard is operating at the current time. Most of Philly Shipyard's value examination focuses on studying past and present price action to predict the probability of Philly Shipyard's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Philly Shipyard's price. Additionally, you may evaluate how the addition of Philly Shipyard to your portfolios can decrease your overall portfolio volatility.
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