Sanuwave Health Stock Technical Analysis
| SNWV Stock | USD 20.24 2.76 12.00% |
As of the 15th of December 2024, SANUWAVE Health has the Risk Adjusted Performance of 0.2033, market risk adjusted performance of 1.05, and Downside Deviation of 6.73. In connection with fundamental indicators, the technical analysis model makes it possible for you to check practical technical drivers of SANUWAVE Health, as well as the relationship between them. In other words, you can use this information to find out if the entity will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We are able to interpolate and break down nineteen technical drivers for SANUWAVE Health, which can be compared to its competition. Please validate SANUWAVE Health variance and potential upside to decide if SANUWAVE Health is priced adequately, providing market reflects its prevalent price of 20.24 per share. Given that SANUWAVE Health has jensen alpha of 1.97, we advise you to double-check SANUWAVE Health's current market performance to make sure the company can sustain itself at some point in the future.
SANUWAVE Health Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SANUWAVE, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SANUWAVESANUWAVE |
SANUWAVE Health technical otc 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, otc market cycles, or different charting patterns.
SANUWAVE Health Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-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 SANUWAVE Health volatility. High ATR values indicate high volatility, and low values indicate low volatility.
SANUWAVE Health Trend Analysis
Use this graph to draw trend lines for SANUWAVE Health. You can use it to identify possible trend reversals for SANUWAVE Health 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 SANUWAVE Health price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.SANUWAVE Health Best Fit Change Line
The following chart estimates an ordinary least squares regression model for SANUWAVE Health applied against its price change over selected period. The best fit line has a slop of 0.22 , which means SANUWAVE Health will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1893.17, which is the sum of squared deviations for the predicted SANUWAVE Health price change compared to its average price change.About SANUWAVE Health 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 SANUWAVE Health 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 SANUWAVE Health based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on SANUWAVE Health price pattern first instead of the macroeconomic environment surrounding SANUWAVE Health. By analyzing SANUWAVE Health'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 SANUWAVE Health'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 SANUWAVE Health specific price patterns or momentum indicators. Please read more on our technical analysis page.
SANUWAVE Health December 15, 2024 Technical Indicators
Most technical analysis of SANUWAVE 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 SANUWAVE from various momentum indicators to cycle indicators. When you analyze SANUWAVE 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 | ||
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| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.2033 | |||
| Market Risk Adjusted Performance | 1.05 | |||
| Mean Deviation | 5.58 | |||
| Semi Deviation | 5.24 | |||
| Downside Deviation | 6.73 | |||
| Coefficient Of Variation | 373.33 | |||
| Standard Deviation | 8.1 | |||
| Variance | 65.57 | |||
| Information Ratio | 0.2555 | |||
| Jensen Alpha | 1.97 | |||
| Total Risk Alpha | 1.15 | |||
| Sortino Ratio | 0.3074 | |||
| Treynor Ratio | 1.04 | |||
| Maximum Drawdown | 54.16 | |||
| Value At Risk | (10.71) | |||
| Potential Upside | 14.2 | |||
| Downside Variance | 45.28 | |||
| Semi Variance | 27.44 | |||
| Expected Short fall | (6.52) | |||
| Skewness | 1.44 | |||
| Kurtosis | 6.48 |
Additional Tools for SANUWAVE OTC Stock Analysis
When running SANUWAVE Health's price analysis, check to measure SANUWAVE Health'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 SANUWAVE Health is operating at the current time. Most of SANUWAVE Health's value examination focuses on studying past and present price action to predict the probability of SANUWAVE Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SANUWAVE Health's price. Additionally, you may evaluate how the addition of SANUWAVE Health to your portfolios can decrease your overall portfolio volatility.