Solteq PLC (Finland) Technical Analysis
| SOLTEQ Stock | EUR 0.72 0.03 4.00% |
As of the 18th of April 2024, Solteq PLC has the Coefficient Of Variation of (4,698), variance of 8.27, and Risk Adjusted Performance of (0.01). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Solteq PLC, 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 analyze and collect data for thirteen technical drivers for Solteq PLC, which can be compared to its competition. Please validate Solteq PLC information ratio and skewness to decide if Solteq PLC is priced more or less accurately, providing market reflects its prevalent price of 0.72 per share.
Solteq PLC Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Solteq, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SolteqSolteq |
Solteq PLC 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.
Solteq PLC Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. 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 Solteq PLC volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Solteq PLC Trend Analysis
Use this graph to draw trend lines for Solteq PLC. You can use it to identify possible trend reversals for Solteq PLC 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 Solteq PLC price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Solteq PLC Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Solteq PLC applied against its price change over selected period. The best fit line has a slop of 0.0022 , which may suggest that Solteq PLC market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.19, which is the sum of squared deviations for the predicted Solteq PLC price change compared to its average price change.About Solteq PLC 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 Solteq PLC 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 Solteq PLC based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Solteq PLC price pattern first instead of the macroeconomic environment surrounding Solteq PLC. By analyzing Solteq PLC'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 Solteq PLC'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 Solteq PLC specific price patterns or momentum indicators. Please read more on our technical analysis page.
Solteq PLC April 18, 2024 Technical Indicators
Most technical analysis of Solteq 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 Solteq from various momentum indicators to cycle indicators. When you analyze Solteq 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 | (0.01) | |||
| Market Risk Adjusted Performance | 0.2895 | |||
| Mean Deviation | 2.32 | |||
| Coefficient Of Variation | (4,698) | |||
| Standard Deviation | 2.87 | |||
| Variance | 8.27 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | 0.2795 | |||
| Maximum Drawdown | 11.22 | |||
| Value At Risk | (4.11) | |||
| Potential Upside | 5.56 | |||
| Skewness | 0.3706 | |||
| Kurtosis | (0.63) |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Solteq PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Solteq PLC information on this page should be used as a complementary analysis to other Solteq PLC's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Solteq Stock analysis
When running Solteq PLC's price analysis, check to measure Solteq PLC'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 Solteq PLC is operating at the current time. Most of Solteq PLC's value examination focuses on studying past and present price action to predict the probability of Solteq PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solteq PLC's price. Additionally, you may evaluate how the addition of Solteq PLC to your portfolios can decrease your overall portfolio volatility.
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