Eidesvik Offshore (Norway) Technical Analysis
| EIOF Stock | NOK 11.86 0.14 1.17% |
As of the 28th of March, Eidesvik Offshore shows the Coefficient Of Variation of (1,021), standard deviation of 2.02, and Mean Deviation of 1.52. Eidesvik Offshore ASA technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Eidesvik Offshore ASA mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Eidesvik Offshore ASA is priced favorably, providing market reflects its regular price of 11.86 per share.
Eidesvik 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 Eidesvik, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EidesvikEidesvik |
Eidesvik 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.
Eidesvik Offshore ASA Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. 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 Eidesvik Offshore ASA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Eidesvik Offshore ASA Trend Analysis
Use this graph to draw trend lines for Eidesvik Offshore ASA. You can use it to identify possible trend reversals for Eidesvik 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 Eidesvik Offshore price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Eidesvik Offshore Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Eidesvik Offshore ASA applied against its price change over selected period. The best fit line has a slop of 0.04 , which may suggest that Eidesvik Offshore ASA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 62.33, which is the sum of squared deviations for the predicted Eidesvik Offshore price change compared to its average price change.About Eidesvik 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 Eidesvik 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 Eidesvik Offshore ASA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Eidesvik Offshore ASA price pattern first instead of the macroeconomic environment surrounding Eidesvik Offshore ASA. By analyzing Eidesvik 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 Eidesvik 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 Eidesvik Offshore specific price patterns or momentum indicators. Please read more on our technical analysis page.
Eidesvik Offshore March 28, 2025 Technical Indicators
Most technical analysis of Eidesvik 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 Eidesvik from various momentum indicators to cycle indicators. When you analyze Eidesvik 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 | (0.08) | |||
| Market Risk Adjusted Performance | (0.87) | |||
| Mean Deviation | 1.52 | |||
| Coefficient Of Variation | (1,021) | |||
| Standard Deviation | 2.02 | |||
| Variance | 4.09 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.88) | |||
| Maximum Drawdown | 11.0 | |||
| Value At Risk | (3.52) | |||
| Potential Upside | 3.14 | |||
| Skewness | 0.3067 | |||
| Kurtosis | 1.04 |
Eidesvik Offshore March 28, 2025 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 Eidesvik 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 | 1,313 | ||
| Daily Balance Of Power | (0.88) | ||
| Rate Of Daily Change | 0.99 | ||
| Day Median Price | 11.94 | ||
| Day Typical Price | 11.91 | ||
| Price Action Indicator | (0.15) |
Other Information on Investing in Eidesvik Stock
Eidesvik Offshore financial ratios help investors to determine whether Eidesvik Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Eidesvik with respect to the benefits of owning Eidesvik Offshore security.