RomReal (Norway) Technical Analysis
| ROM Stock | NOK 2.16 0.30 12.20% |
As of the 24th of April, RomReal holds the Semi Deviation of 6.0, risk adjusted performance of 0.0488, and Coefficient Of Variation of 1570.94. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of RomReal, 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 collected data for nineteen technical drivers for RomReal Limited, which can be compared to its competitors. Please check RomReal Limited value at risk, and the relationship between the jensen alpha and semi variance to decide if RomReal Limited is priced some-what accurately, providing market reflects its current price of 2.16 per share.
RomReal Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as RomReal, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RomRealRomReal |
RomReal 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.
RomReal Limited 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 RomReal Limited volatility. High ATR values indicate high volatility, and low values indicate low volatility.
RomReal Limited Trend Analysis
Use this graph to draw trend lines for RomReal Limited. You can use it to identify possible trend reversals for RomReal 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 RomReal price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.RomReal Best Fit Change Line
The following chart estimates an ordinary least squares regression model for RomReal Limited applied against its price change over selected period. The best fit line has a slop of 0.01 , which means RomReal Limited will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1.2, which is the sum of squared deviations for the predicted RomReal price change compared to its average price change.About RomReal 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 RomReal Limited 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 RomReal Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on RomReal Limited price pattern first instead of the macroeconomic environment surrounding RomReal Limited. By analyzing RomReal'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 RomReal'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 RomReal specific price patterns or momentum indicators. Please read more on our technical analysis page.
RomReal April 24, 2024 Technical Indicators
Most technical analysis of RomReal 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 RomReal from various momentum indicators to cycle indicators. When you analyze RomReal 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 | 0.0488 | |||
| Market Risk Adjusted Performance | (0.25) | |||
| Mean Deviation | 5.19 | |||
| Semi Deviation | 6.0 | |||
| Downside Deviation | 7.56 | |||
| Coefficient Of Variation | 1570.94 | |||
| Standard Deviation | 7.24 | |||
| Variance | 52.48 | |||
| Information Ratio | 0.0505 | |||
| Jensen Alpha | 0.5988 | |||
| Total Risk Alpha | (0.54) | |||
| Sortino Ratio | 0.0484 | |||
| Treynor Ratio | (0.26) | |||
| Maximum Drawdown | 37.06 | |||
| Value At Risk | (12.20) | |||
| Potential Upside | 12.26 | |||
| Downside Variance | 57.16 | |||
| Semi Variance | 36.05 | |||
| Expected Short fall | (6.89) | |||
| Skewness | 0.4422 | |||
| Kurtosis | 1.59 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RomReal Limited. 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 Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for RomReal Stock analysis
When running RomReal's price analysis, check to measure RomReal'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 RomReal is operating at the current time. Most of RomReal's value examination focuses on studying past and present price action to predict the probability of RomReal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RomReal's price. Additionally, you may evaluate how the addition of RomReal to your portfolios can decrease your overall portfolio volatility.
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