Havila Shipping (Norway) Technical Analysis
| HAVI Stock | NOK 2.58 0.03 1.18% |
As of the 1st of December, Havila Shipping retains the Standard Deviation of 5.55, market risk adjusted performance of 1.04, and Risk Adjusted Performance of (0.10). Havila Shipping technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Havila Shipping ASA coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if Havila Shipping is priced fairly, providing market reflects its last-minute price of 2.58 per share.
Havila Shipping Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Havila, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HavilaHavila |
Havila Shipping 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.
Havila Shipping ASA 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 Havila Shipping ASA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Havila Shipping ASA Trend Analysis
Use this graph to draw trend lines for Havila Shipping ASA. You can use it to identify possible trend reversals for Havila Shipping 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 Havila Shipping price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Havila Shipping Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Havila Shipping ASA applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that Havila Shipping ASA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 22.23, which is the sum of squared deviations for the predicted Havila Shipping price change compared to its average price change.About Havila Shipping 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 Havila Shipping 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 Havila Shipping ASA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Havila Shipping ASA price pattern first instead of the macroeconomic environment surrounding Havila Shipping ASA. By analyzing Havila Shipping'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 Havila Shipping'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 Havila Shipping specific price patterns or momentum indicators. Please read more on our technical analysis page.
Havila Shipping December 1, 2024 Technical Indicators
Most technical analysis of Havila 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 Havila from various momentum indicators to cycle indicators. When you analyze Havila 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 | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.10) | |||
| Market Risk Adjusted Performance | 1.04 | |||
| Mean Deviation | 3.36 | |||
| Coefficient Of Variation | (691.69) | |||
| Standard Deviation | 5.55 | |||
| Variance | 30.82 | |||
| Information Ratio | (0.17) | |||
| Jensen Alpha | (0.71) | |||
| Total Risk Alpha | (1.74) | |||
| Treynor Ratio | 1.03 | |||
| Maximum Drawdown | 29.59 | |||
| Value At Risk | (5.88) | |||
| Potential Upside | 7.57 | |||
| Skewness | (1.37) | |||
| Kurtosis | 11.87 |
Other Information on Investing in Havila Stock
Havila Shipping financial ratios help investors to determine whether Havila 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 Havila with respect to the benefits of owning Havila Shipping security.