Sotkamo Silver (Finland) Technical Analysis

SOSI1 Stock  EUR 0.12  0.02  14.29%   
As of the 25th of April, Sotkamo Silver has the Coefficient Of Variation of 480.52, semi deviation of 3.28, and Risk Adjusted Performance of 0.1384. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sotkamo Silver AB, 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 nineteen technical drivers for Sotkamo Silver AB, which can be compared to its competition. Please validate Sotkamo Silver AB treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside to decide if Sotkamo Silver is priced more or less accurately, providing market reflects its prevalent price of 0.12 per share.

Sotkamo Silver Momentum Analysis

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

Sotkamo Silver AB Technical Analysis

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The output start index for this execution was ten with a total number of output elements of fifty-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 Sotkamo Silver AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Sotkamo Silver AB Trend Analysis

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

Sotkamo Silver Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Sotkamo Silver AB applied against its price change over selected period. The best fit line has a slop of    , which means Sotkamo Silver AB will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.08, which is the sum of squared deviations for the predicted Sotkamo Silver price change compared to its average price change.

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

Sotkamo Silver April 25, 2024 Technical Indicators

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

Sotkamo Silver April 25, 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 Sotkamo 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 Sotkamo Silver AB. 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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