Sparebanken Mre (Norway) Technical Analysis

MORG Stock  NOK 84.52  0.48  0.56%   
As of the 6th of May, Sparebanken Mre has the Risk Adjusted Performance of 0.0527, coefficient of variation of 1366.13, and Semi Deviation of 1.51. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sparebanken Mre, 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 Sparebanken Mre, which can be compared to its competition. Please validate Sparebanken Mre mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Sparebanken Mre is priced more or less accurately, providing market reflects its prevalent price of 84.52 per share.

Sparebanken Mre Momentum Analysis

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

Sparebanken Mre Technical Analysis

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The output start index for this execution was fourteen with a total number of output elements of fourty-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 Sparebanken Mre volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Sparebanken Mre Trend Analysis

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

Sparebanken Mre Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Sparebanken Mre applied against its price change over selected period. The best fit line has a slop of   0.12  , which means Sparebanken Mre will continue generating value for investors. It has 122 observation points and a regression sum of squares at 588.12, which is the sum of squared deviations for the predicted Sparebanken Mre price change compared to its average price change.

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

Sparebanken Mre May 6, 2024 Technical Indicators

Most technical analysis of Sparebanken 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 Sparebanken from various momentum indicators to cycle indicators. When you analyze Sparebanken 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Sparebanken Mre. 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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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