Tele2 AB (Sweden) Technical Analysis
| TEL2-B Stock | SEK 102.35 1.50 1.49% |
As of the 23rd of April, Tele2 AB has the Coefficient Of Variation of 719.46, risk adjusted performance of 0.0918, and Semi Deviation of 0.9038. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tele2 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 Tele2 AB, which can be compared to its competition. Please validate Tele2 AB jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if Tele2 AB is priced more or less accurately, providing market reflects its prevalent price of 102.35 per share.
Tele2 AB Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Tele2, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Tele2Tele2 |
Tele2 AB 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.
Tele2 AB 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 Tele2 AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Tele2 AB Trend Analysis
Use this graph to draw trend lines for Tele2 AB. You can use it to identify possible trend reversals for Tele2 AB 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 Tele2 AB price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Tele2 AB Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Tele2 AB applied against its price change over selected period. The best fit line has a slop of 0.19 , which means Tele2 AB will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1404.95, which is the sum of squared deviations for the predicted Tele2 AB price change compared to its average price change.About Tele2 AB 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 Tele2 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 Tele2 AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Tele2 AB price pattern first instead of the macroeconomic environment surrounding Tele2 AB. By analyzing Tele2 AB'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 Tele2 AB'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 Tele2 AB specific price patterns or momentum indicators. Please read more on our technical analysis page.
Tele2 AB April 23, 2024 Technical Indicators
Most technical analysis of Tele2 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 Tele2 from various momentum indicators to cycle indicators. When you analyze Tele2 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.
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0918 | |||
| Market Risk Adjusted Performance | (0.65) | |||
| Mean Deviation | 1.13 | |||
| Semi Deviation | 0.9038 | |||
| Downside Deviation | 1.15 | |||
| Coefficient Of Variation | 719.46 | |||
| Standard Deviation | 1.63 | |||
| Variance | 2.65 | |||
| Information Ratio | 0.0841 | |||
| Jensen Alpha | 0.2422 | |||
| Total Risk Alpha | 0.0068 | |||
| Sortino Ratio | 0.1189 | |||
| Treynor Ratio | (0.66) | |||
| Maximum Drawdown | 7.21 | |||
| Value At Risk | (1.77) | |||
| Potential Upside | 2.9 | |||
| Downside Variance | 1.32 | |||
| Semi Variance | 0.8168 | |||
| Expected Short fall | (1.37) | |||
| Skewness | 1.69 | |||
| Kurtosis | 4.62 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tele2 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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for Tele2 Stock analysis
When running Tele2 AB's price analysis, check to measure Tele2 AB'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 Tele2 AB is operating at the current time. Most of Tele2 AB's value examination focuses on studying past and present price action to predict the probability of Tele2 AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tele2 AB's price. Additionally, you may evaluate how the addition of Tele2 AB to your portfolios can decrease your overall portfolio volatility.
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