Treasure ASA (Norway) Technical Analysis
| TRE Stock | NOK 19.60 0.30 1.51% |
As of the 24th of April, Treasure ASA has the Semi Deviation of 1.32, coefficient of variation of 6615.43, and Risk Adjusted Performance of 0.0155. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Treasure ASA, 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 nineteen technical drivers for Treasure ASA, which can be compared to its competition. Please validate Treasure ASA standard deviation, value at risk, kurtosis, as well as the relationship between the jensen alpha and semi variance to decide if Treasure ASA is priced more or less accurately, providing market reflects its prevalent price of 19.6 per share.
Treasure ASA Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Treasure, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TreasureTreasure |
Treasure ASA 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.
Treasure ASA 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 Treasure ASA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Treasure ASA Trend Analysis
Use this graph to draw trend lines for Treasure ASA. You can use it to identify possible trend reversals for Treasure ASA 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 Treasure ASA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Treasure ASA Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Treasure ASA applied against its price change over selected period. The best fit line has a slop of 0.0022 , which may suggest that Treasure ASA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.18, which is the sum of squared deviations for the predicted Treasure ASA price change compared to its average price change.About Treasure ASA 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 Treasure ASA 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 Treasure ASA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Treasure ASA price pattern first instead of the macroeconomic environment surrounding Treasure ASA. By analyzing Treasure ASA'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 Treasure ASA'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 Treasure ASA specific price patterns or momentum indicators. Please read more on our technical analysis page.
Treasure ASA April 24, 2024 Technical Indicators
Most technical analysis of Treasure 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 Treasure from various momentum indicators to cycle indicators. When you analyze Treasure 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 | 0.0155 | |||
| Market Risk Adjusted Performance | (0.24) | |||
| Mean Deviation | 1.2 | |||
| Semi Deviation | 1.32 | |||
| Downside Deviation | 1.57 | |||
| Coefficient Of Variation | 6615.43 | |||
| Standard Deviation | 1.57 | |||
| Variance | 2.48 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | 0.0186 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.25) | |||
| Maximum Drawdown | 7.41 | |||
| Value At Risk | (2.02) | |||
| Potential Upside | 2.93 | |||
| Downside Variance | 2.46 | |||
| Semi Variance | 1.74 | |||
| Expected Short fall | (1.54) | |||
| Skewness | 0.3931 | |||
| Kurtosis | 0.2328 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Treasure ASA. 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. Note that the Treasure ASA information on this page should be used as a complementary analysis to other Treasure ASA'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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for Treasure Stock analysis
When running Treasure ASA's price analysis, check to measure Treasure ASA'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 Treasure ASA is operating at the current time. Most of Treasure ASA's value examination focuses on studying past and present price action to predict the probability of Treasure ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Treasure ASA's price. Additionally, you may evaluate how the addition of Treasure ASA to your portfolios can decrease your overall portfolio volatility.
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