Proact IT (Sweden) Technical Analysis
| PACT Stock | SEK 132.40 2.00 1.49% |
As of the 1st of December, Proact IT holds the Risk Adjusted Performance of (0.11), variance of 2.42, and Coefficient Of Variation of (664.26). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Proact IT, as well as the relationship between them.
Proact IT Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Proact, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ProactProact |
Proact IT 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.
Proact IT Group 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 Proact IT Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Proact IT Group Trend Analysis
Use this graph to draw trend lines for Proact IT Group. You can use it to identify possible trend reversals for Proact IT 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 Proact IT price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Proact IT Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Proact IT Group applied against its price change over selected period. The best fit line has a slop of 0.41 , which may suggest that Proact IT Group market price will keep on failing further. It has 122 observation points and a regression sum of squares at 6482.3, which is the sum of squared deviations for the predicted Proact IT price change compared to its average price change.About Proact IT 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 Proact IT 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 Proact IT Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Proact IT Group price pattern first instead of the macroeconomic environment surrounding Proact IT Group. By analyzing Proact IT'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 Proact IT'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 Proact IT specific price patterns or momentum indicators. Please read more on our technical analysis page.
Proact IT December 1, 2024 Technical Indicators
Most technical analysis of Proact 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 Proact from various momentum indicators to cycle indicators. When you analyze Proact 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 | (0.11) | |||
| Market Risk Adjusted Performance | 1.15 | |||
| Mean Deviation | 1.16 | |||
| Coefficient Of Variation | (664.26) | |||
| Standard Deviation | 1.56 | |||
| Variance | 2.42 | |||
| Information Ratio | (0.24) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | 1.14 | |||
| Maximum Drawdown | 8.27 | |||
| Value At Risk | (2.68) | |||
| Potential Upside | 2.22 | |||
| Skewness | 0.6546 | |||
| Kurtosis | 1.88 |
Additional Tools for Proact Stock Analysis
When running Proact IT's price analysis, check to measure Proact IT'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 Proact IT is operating at the current time. Most of Proact IT's value examination focuses on studying past and present price action to predict the probability of Proact IT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Proact IT's price. Additionally, you may evaluate how the addition of Proact IT to your portfolios can decrease your overall portfolio volatility.