Unibap AB (Sweden) Technical Analysis

UNIBAP Stock  SEK 2.00  0.01  0.50%   
As of the 25th of April, Unibap AB has the Coefficient Of Variation of (1,022), risk adjusted performance of (0.05), and Variance of 16.81. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Unibap 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 analyze thirteen technical drivers for Unibap AB, which can be compared to its competition. Please validate Unibap AB treynor ratio, as well as the relationship between the value at risk and skewness to decide if Unibap AB is priced more or less accurately, providing market reflects its prevalent price of 2.0 per share.

Unibap 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 Unibap, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Unibap
  
Unibap AB'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.
Unibap 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.
A focus of Unibap AB technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Unibap AB 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...

Unibap 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 Unibap AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Unibap AB Trend Analysis

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

Unibap AB Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Unibap AB applied against its price change over selected period. The best fit line has a slop of   0.005  , which may suggest that Unibap AB market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.96, which is the sum of squared deviations for the predicted Unibap AB price change compared to its average price change.

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

Unibap AB April 25, 2024 Technical Indicators

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

Unibap AB 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 Unibap 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 Unibap 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 nation.
Note that the Unibap AB information on this page should be used as a complementary analysis to other Unibap AB'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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Unibap Stock analysis

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