Wise Group (Sweden) Technical Analysis
| WISE Stock | SEK 25.80 1.20 4.88% |
As of the 20th of April, Wise Group maintains the Market Risk Adjusted Performance of 17.15, mean deviation of 2.41, and Standard Deviation of 3.21. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Wise Group AB, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Wise Group AB, which can be compared to its peers. Please check out Wise Group AB mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Wise Group AB is priced fairly, providing market reflects its latest price of 25.8 per share.
Wise Group Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Wise, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WiseWise |
Wise Group 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.
Wise Group 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 Wise Group AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Wise Group AB Trend Analysis
Use this graph to draw trend lines for Wise Group AB. You can use it to identify possible trend reversals for Wise Group 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 Wise Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Wise Group Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Wise Group AB applied against its price change over selected period. The best fit line has a slop of 0.14 , which may suggest that Wise Group AB market price will keep on failing further. It has 122 observation points and a regression sum of squares at 788.42, which is the sum of squared deviations for the predicted Wise Group price change compared to its average price change.About Wise Group 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 Wise Group 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 Wise Group AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Wise Group AB price pattern first instead of the macroeconomic environment surrounding Wise Group AB. By analyzing Wise Group'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 Wise Group'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 Wise Group specific price patterns or momentum indicators. Please read more on our technical analysis page.
Wise Group April 20, 2024 Technical Indicators
Most technical analysis of Wise 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 Wise from various momentum indicators to cycle indicators. When you analyze Wise 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 | (0.03) | |||
| Market Risk Adjusted Performance | 17.15 | |||
| Mean Deviation | 2.41 | |||
| Coefficient Of Variation | (1,535) | |||
| Standard Deviation | 3.21 | |||
| Variance | 10.32 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.62) | |||
| Treynor Ratio | 17.14 | |||
| Maximum Drawdown | 15.16 | |||
| Value At Risk | (5.19) | |||
| Potential Upside | 4.47 | |||
| Skewness | 0.2603 | |||
| Kurtosis | 1.54 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wise Group 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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Wise Stock analysis
When running Wise Group's price analysis, check to measure Wise Group'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 Wise Group is operating at the current time. Most of Wise Group's value examination focuses on studying past and present price action to predict the probability of Wise Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wise Group's price. Additionally, you may evaluate how the addition of Wise Group to your portfolios can decrease your overall portfolio volatility.
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