PunaMusta Media (Finland) Technical Analysis

PUMU Stock   2.44  0.04  1.67%   
As of the 17th of April 2024, PunaMusta Media holds the Coefficient Of Variation of (749.50), variance of 2.88, and Risk Adjusted Performance of (0.08). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of PunaMusta Media, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for PunaMusta Media Oyj, which can be compared to its competitors. Please check PunaMusta Media Oyj value at risk, skewness, and the relationship between the maximum drawdown and potential upside to decide if PunaMusta Media Oyj is priced some-what accurately, providing market reflects its current price of 2.44 per share.

PunaMusta Media Momentum Analysis

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

PunaMusta Media Oyj Technical Analysis

Indicator
Time Period
Execute Indicator
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 PunaMusta Media Oyj volatility. High ATR values indicate high volatility, and low values indicate low volatility.

PunaMusta Media Oyj Trend Analysis

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

PunaMusta Media Best Fit Change Line

The following chart estimates an ordinary least squares regression model for PunaMusta Media Oyj applied against its price change over selected period. The best fit line has a slop of   0.01  , which may suggest that PunaMusta Media Oyj market price will keep on failing further. It has 122 observation points and a regression sum of squares at 4.09, which is the sum of squared deviations for the predicted PunaMusta Media price change compared to its average price change.

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

PunaMusta Media April 17, 2024 Technical Indicators

Most technical analysis of PunaMusta 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 PunaMusta from various momentum indicators to cycle indicators. When you analyze PunaMusta 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in PunaMusta Media 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 board of governors.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for PunaMusta Stock analysis

When running PunaMusta Media's price analysis, check to measure PunaMusta Media'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 PunaMusta Media is operating at the current time. Most of PunaMusta Media's value examination focuses on studying past and present price action to predict the probability of PunaMusta Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PunaMusta Media's price. Additionally, you may evaluate how the addition of PunaMusta Media to your portfolios can decrease your overall portfolio volatility.
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Please note, there is a significant difference between PunaMusta Media's value and its price as these two are different measures arrived at by different means. Investors typically determine if PunaMusta Media is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PunaMusta Media'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.