Shelf Drilling (Norway) Technical Analysis
| SHLF Stock | 19.63 0.22 1.11% |
As of the 19th of April, Shelf Drilling has the Variance of 21.22, risk adjusted performance of (0.07), and Coefficient Of Variation of (836.75). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Shelf Drilling, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Shelf Drilling, which can be compared to its competition. Please validate Shelf Drilling standard deviation, information ratio, maximum drawdown, as well as the relationship between the variance and treynor ratio to decide if Shelf Drilling is priced more or less accurately, providing market reflects its prevalent price of 19.63 per share.
Shelf Drilling Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Shelf, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ShelfShelf |
Shelf Drilling 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.
Shelf Drilling 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 Shelf Drilling volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Shelf Drilling Trend Analysis
Use this graph to draw trend lines for Shelf Drilling. You can use it to identify possible trend reversals for Shelf Drilling 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 Shelf Drilling price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Shelf Drilling Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Shelf Drilling applied against its price change over selected period. The best fit line has a slop of 0.21 , which may suggest that Shelf Drilling market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1706.75, which is the sum of squared deviations for the predicted Shelf Drilling price change compared to its average price change.About Shelf Drilling 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 Shelf Drilling 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 Shelf Drilling based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Shelf Drilling price pattern first instead of the macroeconomic environment surrounding Shelf Drilling. By analyzing Shelf Drilling'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 Shelf Drilling'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 Shelf Drilling specific price patterns or momentum indicators. Please read more on our technical analysis page.
Shelf Drilling April 19, 2024 Technical Indicators
Most technical analysis of Shelf 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 Shelf from various momentum indicators to cycle indicators. When you analyze Shelf 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 | (0.07) | |||
| Market Risk Adjusted Performance | (0.45) | |||
| Mean Deviation | 2.79 | |||
| Coefficient Of Variation | (836.75) | |||
| Standard Deviation | 4.61 | |||
| Variance | 21.22 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.63) | |||
| Total Risk Alpha | (1.00) | |||
| Treynor Ratio | (0.46) | |||
| Maximum Drawdown | 34.0 | |||
| Value At Risk | (8.79) | |||
| Potential Upside | 4.26 | |||
| Skewness | (2.55) | |||
| Kurtosis | 11.37 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shelf Drilling. 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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for Shelf Stock analysis
When running Shelf Drilling's price analysis, check to measure Shelf Drilling'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 Shelf Drilling is operating at the current time. Most of Shelf Drilling's value examination focuses on studying past and present price action to predict the probability of Shelf Drilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shelf Drilling's price. Additionally, you may evaluate how the addition of Shelf Drilling to your portfolios can decrease your overall portfolio volatility.
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