AS Tallink (Finland) Technical Analysis
| TALLINK Etf | EUR 0.73 0.01 1.35% |
As of the 19th of April, AS Tallink owns the Market Risk Adjusted Performance of (0.41), coefficient of variation of 1244.71, and Standard Deviation of 1.47. In connection with fundamental indicators, the technical analysis model gives you tools to check timely technical drivers of AS Tallink Grupp, as well as the relationship between them. Strictly speaking, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to collect and analyze data for nineteen technical drivers for AS Tallink, which can be compared to its peers in the sector. Please confirm AS Tallink Grupp downside deviation and the relationship between the information ratio and expected short fall to decide if AS Tallink Grupp is priced fairly, providing market reflects its prevailing price of 0.73 per share.
AS Tallink Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as TALLINK, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TALLINKTALLINK |
AS Tallink technical etf 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, etf market cycles, or different charting patterns.
AS Tallink Grupp Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 AS Tallink Grupp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
AS Tallink Grupp Trend Analysis
Use this graph to draw trend lines for AS Tallink Grupp. You can use it to identify possible trend reversals for AS Tallink 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 AS Tallink price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.AS Tallink Best Fit Change Line
The following chart estimates an ordinary least squares regression model for AS Tallink Grupp applied against its price change over selected period. The best fit line has a slop of 0 , which means AS Tallink Grupp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.05, which is the sum of squared deviations for the predicted AS Tallink price change compared to its average price change.About AS Tallink 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 AS Tallink Grupp 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 AS Tallink Grupp based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on AS Tallink Grupp price pattern first instead of the macroeconomic environment surrounding AS Tallink Grupp. By analyzing AS Tallink'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 AS Tallink'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 AS Tallink specific price patterns or momentum indicators. Please read more on our technical analysis page.
AS Tallink April 19, 2024 Technical Indicators
Most technical analysis of TALLINK 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 TALLINK from various momentum indicators to cycle indicators. When you analyze TALLINK 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 | 0.0555 | |||
| Market Risk Adjusted Performance | (0.41) | |||
| Mean Deviation | 1.08 | |||
| Semi Deviation | 1.1 | |||
| Downside Deviation | 1.86 | |||
| Coefficient Of Variation | 1244.71 | |||
| Standard Deviation | 1.47 | |||
| Variance | 2.16 | |||
| Information Ratio | 0.0337 | |||
| Jensen Alpha | 0.1231 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0267 | |||
| Treynor Ratio | (0.42) | |||
| Maximum Drawdown | 8.55 | |||
| Value At Risk | (1.52) | |||
| Potential Upside | 2.9 | |||
| Downside Variance | 3.45 | |||
| Semi Variance | 1.21 | |||
| Expected Short fall | (1.81) | |||
| Skewness | 0.181 | |||
| Kurtosis | 0.8736 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in AS Tallink Grupp. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.