Raketech Group (Sweden) Technical Analysis
| RAKE Stock | SEK 13.60 0.14 1.04% |
As of the 20th of April, Raketech Group holds the Risk Adjusted Performance of (0.12), variance of 3.02, and Coefficient Of Variation of (479.17). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Raketech Group, 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 Raketech Group Holding, which can be compared to its competitors. Please check Raketech Group Holding information ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk to decide if Raketech Group Holding is priced some-what accurately, providing market reflects its current price of 13.6 per share.
Raketech Group Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Raketech, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RaketechRaketech |
Raketech Group 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.
Raketech Group Holding Technical Analysis
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 Raketech Group Holding volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Raketech Group Holding Trend Analysis
Use this graph to draw trend lines for Raketech Group Holding. You can use it to identify possible trend reversals for Raketech Group 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 Raketech Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Raketech Group Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Raketech Group Holding applied against its price change over selected period. The best fit line has a slop of 0.04 , which may suggest that Raketech Group Holding market price will keep on failing further. It has 122 observation points and a regression sum of squares at 57.94, which is the sum of squared deviations for the predicted Raketech Group price change compared to its average price change.About Raketech Group 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 Raketech Group Holding 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 Raketech Group Holding based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Raketech Group Holding price pattern first instead of the macroeconomic environment surrounding Raketech Group Holding. By analyzing Raketech Group'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 Raketech Group'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 Raketech Group specific price patterns or momentum indicators. Please read more on our technical analysis page.
Raketech Group April 20, 2024 Technical Indicators
Most technical analysis of Raketech 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 Raketech from various momentum indicators to cycle indicators. When you analyze Raketech 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.
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.12) | |||
| Market Risk Adjusted Performance | (5.08) | |||
| Mean Deviation | 1.23 | |||
| Coefficient Of Variation | (479.17) | |||
| Standard Deviation | 1.74 | |||
| Variance | 3.02 | |||
| Information Ratio | (0.26) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | (0.59) | |||
| Treynor Ratio | (5.09) | |||
| Maximum Drawdown | 12.47 | |||
| Value At Risk | (2.72) | |||
| Potential Upside | 1.75 | |||
| Skewness | (1.06) | |||
| Kurtosis | 5.63 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Raketech Group Holding. 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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Raketech Stock analysis
When running Raketech Group's price analysis, check to measure Raketech Group'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 Raketech Group is operating at the current time. Most of Raketech Group's value examination focuses on studying past and present price action to predict the probability of Raketech Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Raketech Group's price. Additionally, you may evaluate how the addition of Raketech Group to your portfolios can decrease your overall portfolio volatility.
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