SBM Offshore (Netherlands) Technical Analysis

SBMO Stock  EUR 14.38  0.14  0.96%   
As of the 23rd of April, SBM Offshore has the Market Risk Adjusted Performance of (2.94), risk adjusted performance of 0.1983, and Downside Deviation of 1.05. In connection with fundamental indicators, the technical analysis model makes it possible for you to check practical technical drivers of SBM Offshore NV, as well as the relationship between them. In other words, you can use this information to find out if the entity will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for SBM Offshore NV, which can be compared to its competition. Please validate SBM Offshore NV jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if SBM Offshore is priced adequately, providing market reflects its prevalent price of 14.38 per share.

SBM Offshore Momentum Analysis

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

SBM Offshore NV Technical Analysis

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The output start index for this execution was fourteen with a total number of output elements of fourty-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 SBM Offshore NV volatility. High ATR values indicate high volatility, and low values indicate low volatility.

SBM Offshore NV Trend Analysis

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

SBM Offshore Best Fit Change Line

The following chart estimates an ordinary least squares regression model for SBM Offshore NV applied against its price change over selected period. The best fit line has a slop of   0.06  , which means SBM Offshore NV will continue generating value for investors. It has 122 observation points and a regression sum of squares at 148.49, which is the sum of squared deviations for the predicted SBM Offshore price change compared to its average price change.

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

SBM Offshore April 23, 2024 Technical Indicators

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

SBM Offshore April 23, 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 SBM 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 World Market Map to better understand how to build diversified portfolios, which includes a position in SBM Offshore NV. 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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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