Elisa Oyj (Finland) Technical Analysis

ELISA Stock  EUR 42.74  1.80  4.40%   
As of the 20th of April, Elisa Oyj shows the Coefficient Of Variation of 6606.17, mean deviation of 0.8937, and Downside Deviation of 1.39. Elisa Oyj technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Elisa Oyj, which can be compared to its peers. Please confirm Elisa Oyj standard deviation, value at risk, kurtosis, as well as the relationship between the jensen alpha and semi variance to decide if Elisa Oyj is priced favorably, providing market reflects its regular price of 42.74 per share.

Elisa Oyj Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Elisa, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Elisa
  
Elisa Oyj'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.
Elisa Oyj 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 Elisa Oyj technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Elisa Oyj 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...

Elisa Oyj Technical Analysis

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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 Elisa Oyj volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Elisa Oyj Trend Analysis

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

Elisa Oyj Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Elisa Oyj applied against its price change over selected period. The best fit line has a slop of    , which means Elisa Oyj will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.13, which is the sum of squared deviations for the predicted Elisa Oyj price change compared to its average price change.

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

Elisa Oyj April 20, 2024 Technical Indicators

Most technical analysis of Elisa 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 Elisa from various momentum indicators to cycle indicators. When you analyze Elisa 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.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elisa Oyj. 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 Elisa Oyj information on this page should be used as a complementary analysis to other Elisa Oyj'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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Complementary Tools for Elisa Stock analysis

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