Modern Times (Sweden) Technical Analysis
| MTG-A Stock | SEK 94.50 0.50 0.53% |
As of the 22nd of December, Modern Times secures the Downside Deviation of 1.6, mean deviation of 1.25, and Risk Adjusted Performance of 0.156. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Modern Times Group, as well as the relationship between them. Please verify Modern Times Group coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if Modern Times Group is priced some-what accurately, providing market reflects its recent price of 94.5 per share.
Modern Times Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Modern, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ModernModern |
Modern Times 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.
Modern Times Group 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 Modern Times Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Modern Times Group Trend Analysis
Use this graph to draw trend lines for Modern Times Group. You can use it to identify possible trend reversals for Modern Times 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 Modern Times price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Modern Times Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Modern Times Group applied against its price change over selected period. The best fit line has a slop of 0.36 , which means Modern Times Group will continue generating value for investors. It has 122 observation points and a regression sum of squares at 4815.31, which is the sum of squared deviations for the predicted Modern Times price change compared to its average price change.About Modern Times 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 Modern Times Group 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 Modern Times Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Modern Times Group price pattern first instead of the macroeconomic environment surrounding Modern Times Group. By analyzing Modern Times'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 Modern Times'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 Modern Times specific price patterns or momentum indicators. Please read more on our technical analysis page.
Modern Times December 22, 2024 Technical Indicators
Most technical analysis of Modern 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 Modern from various momentum indicators to cycle indicators. When you analyze Modern 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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| Volume Indicators |
| Risk Adjusted Performance | 0.156 | |||
| Market Risk Adjusted Performance | 1.16 | |||
| Mean Deviation | 1.25 | |||
| Semi Deviation | 0.9629 | |||
| Downside Deviation | 1.6 | |||
| Coefficient Of Variation | 527.05 | |||
| Standard Deviation | 1.83 | |||
| Variance | 3.34 | |||
| Information Ratio | 0.1721 | |||
| Jensen Alpha | 0.3303 | |||
| Total Risk Alpha | 0.2856 | |||
| Sortino Ratio | 0.1964 | |||
| Treynor Ratio | 1.15 | |||
| Maximum Drawdown | 10.67 | |||
| Value At Risk | (1.96) | |||
| Potential Upside | 3.89 | |||
| Downside Variance | 2.57 | |||
| Semi Variance | 0.9271 | |||
| Expected Short fall | (1.87) | |||
| Skewness | 1.58 | |||
| Kurtosis | 5.3 |
Additional Tools for Modern Stock Analysis
When running Modern Times' price analysis, check to measure Modern Times' 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 Modern Times is operating at the current time. Most of Modern Times' value examination focuses on studying past and present price action to predict the probability of Modern Times' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Modern Times' price. Additionally, you may evaluate how the addition of Modern Times to your portfolios can decrease your overall portfolio volatility.