Erria AS (Denmark) Technical Analysis
| ERRIA Stock | DKK 3.70 0.02 0.54% |
As of the 24th of April, Erria AS shows the Downside Deviation of 3.25, coefficient of variation of 3320.77, and Mean Deviation of 2.03. Erria AS technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Erria AS, which can be compared to its peers. Please confirm Erria AS value at risk, and the relationship between the jensen alpha and semi variance to decide if Erria AS is priced favorably, providing market reflects its regular price of 3.7 per share.
Erria AS Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Erria, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ErriaErria |
Erria AS 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.
Erria AS Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Erria AS volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Erria AS Trend Analysis
Use this graph to draw trend lines for Erria AS. You can use it to identify possible trend reversals for Erria AS 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 Erria AS price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Erria AS Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Erria AS applied against its price change over selected period. The best fit line has a slop of 0 , which means Erria AS will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.06, which is the sum of squared deviations for the predicted Erria AS price change compared to its average price change.About Erria AS 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 Erria AS 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 Erria AS based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Erria AS price pattern first instead of the macroeconomic environment surrounding Erria AS. By analyzing Erria AS'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 Erria AS'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 Erria AS specific price patterns or momentum indicators. Please read more on our technical analysis page.
Erria AS April 24, 2024 Technical Indicators
Most technical analysis of Erria 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 Erria from various momentum indicators to cycle indicators. When you analyze Erria 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 | 0.0267 | |||
| Market Risk Adjusted Performance | (0.35) | |||
| Mean Deviation | 2.03 | |||
| Semi Deviation | 2.62 | |||
| Downside Deviation | 3.25 | |||
| Coefficient Of Variation | 3320.77 | |||
| Standard Deviation | 2.99 | |||
| Variance | 8.95 | |||
| Information Ratio | (0) | |||
| Jensen Alpha | 0.0992 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (0.36) | |||
| Maximum Drawdown | 17.35 | |||
| Value At Risk | (5.03) | |||
| Potential Upside | 5.45 | |||
| Downside Variance | 10.56 | |||
| Semi Variance | 6.86 | |||
| Expected Short fall | (2.88) | |||
| Skewness | (0.28) | |||
| Kurtosis | 1.8 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Erria AS. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Erria AS information on this page should be used as a complementary analysis to other Erria AS's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for Erria Stock analysis
When running Erria AS's price analysis, check to measure Erria AS'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 Erria AS is operating at the current time. Most of Erria AS's value examination focuses on studying past and present price action to predict the probability of Erria AS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Erria AS's price. Additionally, you may evaluate how the addition of Erria AS to your portfolios can decrease your overall portfolio volatility.
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