Stockwik Forvaltning (Sweden) Technical Analysis
| STWK Stock | SEK 15.46 0.14 0.91% |
As of the 19th of April, Stockwik Forvaltning has the Coefficient Of Variation of (15,416), risk adjusted performance of 0.0037, and Variance of 7.08. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Stockwik Forvaltning, 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 Stockwik Forvaltning AB, which can be compared to its competition. Please validate Stockwik Forvaltning mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Stockwik Forvaltning is priced more or less accurately, providing market reflects its prevalent price of 15.46 per share.
Stockwik Forvaltning Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Stockwik, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to StockwikStockwik |
Stockwik Forvaltning 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.
Stockwik Forvaltning Technical Analysis
The output start index for this execution was fifty with a total number of output elements of eleven. 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 Stockwik Forvaltning volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Stockwik Forvaltning Trend Analysis
Use this graph to draw trend lines for Stockwik Forvaltning AB. You can use it to identify possible trend reversals for Stockwik Forvaltning 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 Stockwik Forvaltning price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Stockwik Forvaltning Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Stockwik Forvaltning AB applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that Stockwik Forvaltning AB market price will keep on failing further. It has 122 observation points and a regression sum of squares at 8.49, which is the sum of squared deviations for the predicted Stockwik Forvaltning price change compared to its average price change.About Stockwik Forvaltning 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 Stockwik Forvaltning 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 Stockwik Forvaltning AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Stockwik Forvaltning price pattern first instead of the macroeconomic environment surrounding Stockwik Forvaltning. By analyzing Stockwik Forvaltning'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 Stockwik Forvaltning'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 Stockwik Forvaltning specific price patterns or momentum indicators. Please read more on our technical analysis page.
Stockwik Forvaltning April 19, 2024 Technical Indicators
Most technical analysis of Stockwik 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 Stockwik from various momentum indicators to cycle indicators. When you analyze Stockwik 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 | 0.0037 | |||
| Market Risk Adjusted Performance | 0.3512 | |||
| Mean Deviation | 2.1 | |||
| Coefficient Of Variation | (15,416) | |||
| Standard Deviation | 2.66 | |||
| Variance | 7.08 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | 0.3412 | |||
| Maximum Drawdown | 13.64 | |||
| Value At Risk | (3.90) | |||
| Potential Upside | 3.95 | |||
| Skewness | 0.2865 | |||
| Kurtosis | 0.3299 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stockwik Forvaltning 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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for Stockwik Stock analysis
When running Stockwik Forvaltning's price analysis, check to measure Stockwik Forvaltning'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 Stockwik Forvaltning is operating at the current time. Most of Stockwik Forvaltning's value examination focuses on studying past and present price action to predict the probability of Stockwik Forvaltning's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stockwik Forvaltning's price. Additionally, you may evaluate how the addition of Stockwik Forvaltning to your portfolios can decrease your overall portfolio volatility.
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