Storskogen Group (Sweden) Technical Analysis
| STOR-B Stock | 11.57 0.43 3.86% |
As of the 4th of December, Storskogen Group has the Semi Deviation of 1.61, risk adjusted performance of 0.0694, and Coefficient Of Variation of 1233.88. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Storskogen Group, as well as the relationship between them.
Storskogen Group Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Storskogen, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to StorskogenStorskogen |
Storskogen Group 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.
Storskogen Group Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 Storskogen Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Storskogen Group Trend Analysis
Use this graph to draw trend lines for Storskogen Group AB. You can use it to identify possible trend reversals for Storskogen Group 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 Storskogen Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Storskogen Group Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Storskogen Group AB applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Storskogen Group AB will continue generating value for investors. It has 122 observation points and a regression sum of squares at 4.48, which is the sum of squared deviations for the predicted Storskogen Group price change compared to its average price change.About Storskogen Group 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 Storskogen Group 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 Storskogen Group AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Storskogen Group price pattern first instead of the macroeconomic environment surrounding Storskogen Group. By analyzing Storskogen Group'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 Storskogen Group'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 Storskogen Group specific price patterns or momentum indicators. Please read more on our technical analysis page.
Storskogen Group December 4, 2024 Technical Indicators
Most technical analysis of Storskogen 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 Storskogen from various momentum indicators to cycle indicators. When you analyze Storskogen 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 | 0.0694 | |||
| Market Risk Adjusted Performance | 0.178 | |||
| Mean Deviation | 1.89 | |||
| Semi Deviation | 1.61 | |||
| Downside Deviation | 1.87 | |||
| Coefficient Of Variation | 1233.88 | |||
| Standard Deviation | 3.18 | |||
| Variance | 10.09 | |||
| Information Ratio | 0.0454 | |||
| Jensen Alpha | 0.0952 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0769 | |||
| Treynor Ratio | 0.168 | |||
| Maximum Drawdown | 20.51 | |||
| Value At Risk | (3.07) | |||
| Potential Upside | 3.86 | |||
| Downside Variance | 3.51 | |||
| Semi Variance | 2.6 | |||
| Expected Short fall | (2.46) | |||
| Skewness | 3.02 | |||
| Kurtosis | 13.92 |
Complementary Tools for Storskogen Stock analysis
When running Storskogen Group's price analysis, check to measure Storskogen Group'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 Storskogen Group is operating at the current time. Most of Storskogen Group's value examination focuses on studying past and present price action to predict the probability of Storskogen Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Storskogen Group's price. Additionally, you may evaluate how the addition of Storskogen Group to your portfolios can decrease your overall portfolio volatility.
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