ALM Equity (Sweden) Technical Analysis
| ALM-PREF | SEK 88.20 1.10 1.26% |
As of the 2nd of December, ALM Equity shows the Coefficient Of Variation of (2,240), mean deviation of 0.4706, and Risk Adjusted Performance of (0.03). ALM Equity AB technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm ALM Equity AB standard deviation, treynor ratio, as well as the relationship between the Treynor Ratio and potential upside to decide if ALM Equity AB is priced favorably, providing market reflects its regular price of 88.2 per share.
ALM Equity Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ALM, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ALMALM |
ALM Equity 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.
ALM Equity AB 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 ALM Equity AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ALM Equity AB Trend Analysis
Use this graph to draw trend lines for ALM Equity AB. You can use it to identify possible trend reversals for ALM Equity 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 ALM Equity price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ALM Equity Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ALM Equity AB applied against its price change over selected period. The best fit line has a slop of 0.05 , which may suggest that ALM Equity AB market price will keep on failing further. It has 122 observation points and a regression sum of squares at 102.22, which is the sum of squared deviations for the predicted ALM Equity price change compared to its average price change.About ALM Equity 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 ALM Equity AB 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 ALM Equity AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ALM Equity AB price pattern first instead of the macroeconomic environment surrounding ALM Equity AB. By analyzing ALM Equity'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 ALM Equity'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 ALM Equity specific price patterns or momentum indicators. Please read more on our technical analysis page.
ALM Equity December 2, 2024 Technical Indicators
Most technical analysis of ALM 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 ALM from various momentum indicators to cycle indicators. When you analyze ALM 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 | (0.03) | |||
| Market Risk Adjusted Performance | (0.78) | |||
| Mean Deviation | 0.4706 | |||
| Coefficient Of Variation | (2,240) | |||
| Standard Deviation | 0.7194 | |||
| Variance | 0.5175 | |||
| Information Ratio | (0.24) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (0.79) | |||
| Maximum Drawdown | 4.1 | |||
| Value At Risk | (1.04) | |||
| Potential Upside | 1.11 | |||
| Skewness | (0.43) | |||
| Kurtosis | 4.17 |
Complementary Tools for ALM Stock analysis
When running ALM Equity's price analysis, check to measure ALM Equity'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 ALM Equity is operating at the current time. Most of ALM Equity's value examination focuses on studying past and present price action to predict the probability of ALM Equity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ALM Equity's price. Additionally, you may evaluate how the addition of ALM Equity to your portfolios can decrease your overall portfolio volatility.
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