Solstad Offshore (UK) Technical Analysis
| 0G2Z Stock | 41.20 1.80 4.19% |
As of the 29th of November, Solstad Offshore has the Coefficient Of Variation of 2062.28, semi deviation of 2.79, and Risk Adjusted Performance of 0.0452. Solstad Offshore technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. Please validate Solstad Offshore ASA coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if Solstad Offshore is priced more or less accurately, providing market reflects its prevalent price of 41.2 per share.
Solstad Offshore Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Solstad, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SolstadSolstad |
Solstad Offshore 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.
Solstad Offshore ASA 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 Solstad Offshore ASA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Solstad Offshore ASA Trend Analysis
Use this graph to draw trend lines for Solstad Offshore ASA. You can use it to identify possible trend reversals for Solstad Offshore 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 Solstad Offshore price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Solstad Offshore Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Solstad Offshore ASA applied against its price change over selected period. The best fit line has a slop of 0.04 , which means Solstad Offshore ASA will continue generating value for investors. It has 122 observation points and a regression sum of squares at 54.78, which is the sum of squared deviations for the predicted Solstad Offshore price change compared to its average price change.About Solstad Offshore 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 Solstad Offshore ASA 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 Solstad Offshore ASA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Solstad Offshore ASA price pattern first instead of the macroeconomic environment surrounding Solstad Offshore ASA. By analyzing Solstad Offshore'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 Solstad Offshore'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 Solstad Offshore specific price patterns or momentum indicators. Please read more on our technical analysis page.
Solstad Offshore November 29, 2024 Technical Indicators
Most technical analysis of Solstad 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 Solstad from various momentum indicators to cycle indicators. When you analyze Solstad 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 | 0.0452 | |||
| Market Risk Adjusted Performance | 0.2551 | |||
| Mean Deviation | 2.36 | |||
| Semi Deviation | 2.79 | |||
| Downside Deviation | 3.35 | |||
| Coefficient Of Variation | 2062.28 | |||
| Standard Deviation | 3.83 | |||
| Variance | 14.71 | |||
| Information Ratio | 0.0158 | |||
| Jensen Alpha | 0.0931 | |||
| Total Risk Alpha | (0.40) | |||
| Sortino Ratio | 0.0181 | |||
| Treynor Ratio | 0.2451 | |||
| Maximum Drawdown | 21.07 | |||
| Value At Risk | (4.60) | |||
| Potential Upside | 5.25 | |||
| Downside Variance | 11.2 | |||
| Semi Variance | 7.77 | |||
| Expected Short fall | (3.06) | |||
| Skewness | 2.23 | |||
| Kurtosis | 13.21 |
Solstad Offshore November 29, 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 Solstad 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 | 0.00 | ||
| Daily Balance Of Power | (Huge) | ||
| Rate Of Daily Change | 0.96 | ||
| Day Median Price | 41.20 | ||
| Day Typical Price | 41.20 | ||
| Price Action Indicator | (0.90) |
Additional Tools for Solstad Stock Analysis
When running Solstad Offshore's price analysis, check to measure Solstad Offshore'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 Solstad Offshore is operating at the current time. Most of Solstad Offshore's value examination focuses on studying past and present price action to predict the probability of Solstad Offshore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solstad Offshore's price. Additionally, you may evaluate how the addition of Solstad Offshore to your portfolios can decrease your overall portfolio volatility.