Frontline (Norway) Technical Analysis
| FRO Stock | NOK 180.90 4.65 2.51% |
As of the 1st of December, Frontline shows the Variance of 6.4, mean deviation of 1.82, and Standard Deviation of 2.53. Frontline 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 Frontline variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Frontline is priced favorably, providing market reflects its regular price of 180.9 per share.
Frontline Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Frontline, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FrontlineFrontline |
Frontline 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.
Frontline Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Frontline volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Frontline Trend Analysis
Use this graph to draw trend lines for Frontline. You can use it to identify possible trend reversals for Frontline 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 Frontline price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Frontline Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Frontline applied against its price change over selected period. The best fit line has a slop of 0.86 , which may suggest that Frontline market price will keep on failing further. It has 122 observation points and a regression sum of squares at 28224.12, which is the sum of squared deviations for the predicted Frontline price change compared to its average price change.About Frontline 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 Frontline 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 Frontline based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Frontline price pattern first instead of the macroeconomic environment surrounding Frontline. By analyzing Frontline'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 Frontline'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 Frontline specific price patterns or momentum indicators. Please read more on our technical analysis page.
Frontline December 1, 2024 Technical Indicators
Most technical analysis of Frontline 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 Frontline from various momentum indicators to cycle indicators. When you analyze Frontline 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.
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.13) | |||
| Market Risk Adjusted Performance | 1.95 | |||
| Mean Deviation | 1.82 | |||
| Coefficient Of Variation | (540.73) | |||
| Standard Deviation | 2.53 | |||
| Variance | 6.4 | |||
| Information Ratio | (0.24) | |||
| Jensen Alpha | (0.45) | |||
| Total Risk Alpha | (0.90) | |||
| Treynor Ratio | 1.94 | |||
| Maximum Drawdown | 16.25 | |||
| Value At Risk | (4.39) | |||
| Potential Upside | 3.11 | |||
| Skewness | (1.22) | |||
| Kurtosis | 4.77 |
Additional Information and Resources on Investing in Frontline Stock
When determining whether Frontline offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Frontline's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Frontline Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Frontline Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Frontline. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Frontline Stock please use our How to buy in Frontline Stock guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.