Sparebank (Norway) Technical Analysis
| MING Stock | NOK 140.94 0.06 0.04% |
As of the 18th of April 2024, Sparebank has the Coefficient Of Variation of 1491.61, risk adjusted performance of 0.049, and Semi Deviation of 1.55. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sparebank 1 SMN, 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 interpolate nineteen technical drivers for Sparebank 1 SMN, which can be compared to its competition. Please validate Sparebank 1 SMN mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Sparebank is priced more or less accurately, providing market reflects its prevalent price of 140.94 per share.
Sparebank Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Sparebank, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SparebankSparebank |
Sparebank 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.
Sparebank 1 SMN Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Sparebank 1 SMN volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Sparebank 1 SMN Trend Analysis
Use this graph to draw trend lines for Sparebank 1 SMN. You can use it to identify possible trend reversals for Sparebank 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 Sparebank price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Sparebank Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Sparebank 1 SMN applied against its price change over selected period. The best fit line has a slop of 0.16 , which means Sparebank 1 SMN will continue generating value for investors. It has 122 observation points and a regression sum of squares at 930.88, which is the sum of squared deviations for the predicted Sparebank price change compared to its average price change.About Sparebank 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 Sparebank 1 SMN 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 Sparebank 1 SMN based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Sparebank 1 SMN price pattern first instead of the macroeconomic environment surrounding Sparebank 1 SMN. By analyzing Sparebank'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 Sparebank'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 Sparebank specific price patterns or momentum indicators. Please read more on our technical analysis page.
Sparebank April 18, 2024 Technical Indicators
Most technical analysis of Sparebank 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 Sparebank from various momentum indicators to cycle indicators. When you analyze Sparebank 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 | 0.049 | |||
| Market Risk Adjusted Performance | 0.5809 | |||
| Mean Deviation | 1.03 | |||
| Semi Deviation | 1.55 | |||
| Downside Deviation | 1.76 | |||
| Coefficient Of Variation | 1491.61 | |||
| Standard Deviation | 1.94 | |||
| Variance | 3.75 | |||
| Information Ratio | 0.0384 | |||
| Jensen Alpha | 0.1103 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0421 | |||
| Treynor Ratio | 0.5709 | |||
| Maximum Drawdown | 12.98 | |||
| Value At Risk | (1.74) | |||
| Potential Upside | 1.52 | |||
| Downside Variance | 3.12 | |||
| Semi Variance | 2.4 | |||
| Expected Short fall | (1.19) | |||
| Skewness | 1.83 | |||
| Kurtosis | 18.72 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Sparebank 1 SMN. 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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Sparebank Stock analysis
When running Sparebank's price analysis, check to measure Sparebank'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 Sparebank is operating at the current time. Most of Sparebank's value examination focuses on studying past and present price action to predict the probability of Sparebank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sparebank's price. Additionally, you may evaluate how the addition of Sparebank to your portfolios can decrease your overall portfolio volatility.
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