Photocure Asa Stock Technical Analysis
| PHCUF Stock | USD 5.60 1.12 25.00% |
As of the 28th of December, Photocure ASA holds the Coefficient Of Variation of 957.46, variance of 15.02, and Risk Adjusted Performance of 0.0912. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Photocure ASA, as well as the relationship between them. Please check Photocure ASA market risk adjusted performance, variance, as well as the relationship between the Variance and skewness to decide if Photocure ASA is priced some-what accurately, providing market reflects its current price of 5.6 per share. Given that Photocure ASA has variance of 15.02, we recommend you to check out Photocure ASA's recent market performance to make sure the company can sustain itself at a future point.
Photocure ASA Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Photocure, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PhotocurePhotocure |
Photocure ASA technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Photocure 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 Photocure ASA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Photocure ASA Trend Analysis
Use this graph to draw trend lines for Photocure ASA. You can use it to identify possible trend reversals for Photocure ASA 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 Photocure ASA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Photocure ASA Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Photocure ASA applied against its price change over selected period. The best fit line has a slop of 0 , which means Photocure ASA will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.51, which is the sum of squared deviations for the predicted Photocure ASA price change compared to its average price change.About Photocure ASA 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 Photocure 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 Photocure ASA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Photocure ASA price pattern first instead of the macroeconomic environment surrounding Photocure ASA. By analyzing Photocure ASA'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 Photocure ASA'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 Photocure ASA specific price patterns or momentum indicators. Please read more on our technical analysis page.
Photocure ASA December 28, 2024 Technical Indicators
Most technical analysis of Photocure 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 Photocure from various momentum indicators to cycle indicators. When you analyze Photocure 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 | 0.0912 | |||
| Market Risk Adjusted Performance | (0.48) | |||
| Mean Deviation | 1.22 | |||
| Coefficient Of Variation | 957.46 | |||
| Standard Deviation | 3.88 | |||
| Variance | 15.02 | |||
| Information Ratio | 0.0961 | |||
| Jensen Alpha | 0.4128 | |||
| Total Risk Alpha | 0.2869 | |||
| Treynor Ratio | (0.49) | |||
| Maximum Drawdown | 23.76 | |||
| Skewness | 4.86 | |||
| Kurtosis | 29.25 |
Complementary Tools for Photocure Pink Sheet analysis
When running Photocure ASA's price analysis, check to measure Photocure ASA'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 Photocure ASA is operating at the current time. Most of Photocure ASA's value examination focuses on studying past and present price action to predict the probability of Photocure ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Photocure ASA's price. Additionally, you may evaluate how the addition of Photocure ASA to your portfolios can decrease your overall portfolio volatility.
| Stocks Directory Find actively traded stocks across global markets | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |