Profoto Holding (Sweden) Technical Analysis
| PRFO Stock | 40.80 1.40 3.32% |
As of the 2nd of December, Profoto Holding holds the Risk Adjusted Performance of (0.15), coefficient of variation of (489.14), and Variance of 6.58. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Profoto Holding, as well as the relationship between them.
Profoto Holding Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Profoto, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ProfotoProfoto |
Profoto Holding 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.
Profoto Holding AB Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Profoto Holding AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Profoto Holding AB Trend Analysis
Use this graph to draw trend lines for Profoto Holding AB. You can use it to identify possible trend reversals for Profoto Holding 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 Profoto Holding price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Profoto Holding Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Profoto Holding AB applied against its price change over selected period. The best fit line has a slop of 0.22 , which may suggest that Profoto Holding AB market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1828.29, which is the sum of squared deviations for the predicted Profoto Holding price change compared to its average price change.About Profoto Holding 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 Profoto Holding AB 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 Profoto Holding AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Profoto Holding AB price pattern first instead of the macroeconomic environment surrounding Profoto Holding AB. By analyzing Profoto Holding'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 Profoto Holding'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 Profoto Holding specific price patterns or momentum indicators. Please read more on our technical analysis page.
Profoto Holding December 2, 2024 Technical Indicators
Most technical analysis of Profoto 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 Profoto from various momentum indicators to cycle indicators. When you analyze Profoto 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 | (0.15) | |||
| Market Risk Adjusted Performance | (0.64) | |||
| Mean Deviation | 1.85 | |||
| Coefficient Of Variation | (489.14) | |||
| Standard Deviation | 2.57 | |||
| Variance | 6.58 | |||
| Information Ratio | (0.26) | |||
| Jensen Alpha | (0.64) | |||
| Total Risk Alpha | (0.96) | |||
| Treynor Ratio | (0.65) | |||
| Maximum Drawdown | 13.58 | |||
| Value At Risk | (5.11) | |||
| Potential Upside | 3.58 | |||
| Skewness | (0.49) | |||
| Kurtosis | 1.32 |
Additional Tools for Profoto Stock Analysis
When running Profoto Holding's price analysis, check to measure Profoto Holding'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 Profoto Holding is operating at the current time. Most of Profoto Holding's value examination focuses on studying past and present price action to predict the probability of Profoto Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Profoto Holding's price. Additionally, you may evaluate how the addition of Profoto Holding to your portfolios can decrease your overall portfolio volatility.