XANO Industri (Sweden) Technical Analysis
XANO-B Stock | SEK 98.00 0.70 0.72% |
As of the 25th of April, XANO Industri maintains the Mean Deviation of 1.84, downside deviation of 2.09, and Risk Adjusted Performance of 0.0923. Compared to fundamental indicators, the technical analysis model lets you check practical technical drivers of XANO Industri AB, as well as the relationship between them. Specifically, you can use this information to find out if the entity will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for XANO Industri AB, which can be compared to its peers. Please check out XANO Industri AB information ratio, treynor ratio, value at risk, as well as the relationship between the jensen alpha and maximum drawdown to decide if XANO Industri AB is priced favorably, providing market reflects its latest price of 98.0 per share.
XANO Industri Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as XANO, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to XANOXANO |
XANO Industri 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.
XANO Industri AB Technical Analysis
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 XANO Industri AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.
XANO Industri AB Trend Analysis
Use this graph to draw trend lines for XANO Industri AB. You can use it to identify possible trend reversals for XANO Industri 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 XANO Industri price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.XANO Industri Best Fit Change Line
The following chart estimates an ordinary least squares regression model for XANO Industri AB applied against its price change over selected period. The best fit line has a slop of 0.31 , which means XANO Industri AB will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3574.24, which is the sum of squared deviations for the predicted XANO Industri price change compared to its average price change.About XANO Industri 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 XANO Industri 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 XANO Industri AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on XANO Industri AB price pattern first instead of the macroeconomic environment surrounding XANO Industri AB. By analyzing XANO Industri'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 XANO Industri'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 XANO Industri specific price patterns or momentum indicators. Please read more on our technical analysis page.
XANO Industri April 25, 2024 Technical Indicators
Most technical analysis of XANO 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 XANO from various momentum indicators to cycle indicators. When you analyze XANO 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 | 0.0923 | |||
Market Risk Adjusted Performance | (0.40) | |||
Mean Deviation | 1.84 | |||
Semi Deviation | 1.78 | |||
Downside Deviation | 2.09 | |||
Coefficient Of Variation | 735.18 | |||
Standard Deviation | 2.49 | |||
Variance | 6.2 | |||
Information Ratio | 0.0977 | |||
Jensen Alpha | 0.3965 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | 0.1162 | |||
Treynor Ratio | (0.41) | |||
Maximum Drawdown | 10.76 | |||
Value At Risk | (3.59) | |||
Potential Upside | 5.27 | |||
Downside Variance | 4.39 | |||
Semi Variance | 3.16 | |||
Expected Short fall | (2.17) | |||
Skewness | 0.6783 | |||
Kurtosis | 0.6344 |
XANO Industri 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 XANO 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.
Accumulation Distribution | 108.93 | ||
Daily Balance Of Power | 0.29 | ||
Rate Of Daily Change | 1.01 | ||
Day Median Price | 97.20 | ||
Day Typical Price | 97.47 | ||
Price Action Indicator | 1.15 | ||
Market Facilitation Index | 0.0005 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in XANO Industri 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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Complementary Tools for XANO Stock analysis
When running XANO Industri's price analysis, check to measure XANO Industri'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 XANO Industri is operating at the current time. Most of XANO Industri's value examination focuses on studying past and present price action to predict the probability of XANO Industri's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move XANO Industri's price. Additionally, you may evaluate how the addition of XANO Industri to your portfolios can decrease your overall portfolio volatility.
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