Hvidbjerg Bank (Denmark) Technical Analysis

HVID Stock  DKK 116.00  2.00  1.75%   
As of the 24th of April, Hvidbjerg Bank retains the Market Risk Adjusted Performance of 15.1, downside deviation of 1.55, and Risk Adjusted Performance of 0.0442. Hvidbjerg Bank technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Hvidbjerg Bank, which can be compared to its competitors. Please check out Hvidbjerg Bank downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Hvidbjerg Bank is priced fairly, providing market reflects its last-minute price of 116.0 per share.

Hvidbjerg Bank Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Hvidbjerg, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Hvidbjerg
  
Hvidbjerg Bank's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Hvidbjerg Bank 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.
A focus of Hvidbjerg Bank technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hvidbjerg Bank trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Hvidbjerg Bank Technical Analysis

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The output start index for this execution was thirty with a total number of output elements of thirty-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 Hvidbjerg Bank volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Hvidbjerg Bank Trend Analysis

Use this graph to draw trend lines for Hvidbjerg Bank. You can use it to identify possible trend reversals for Hvidbjerg Bank 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 Hvidbjerg Bank price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Hvidbjerg Bank Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Hvidbjerg Bank applied against its price change over selected period. The best fit line has a slop of   0.12  , which means Hvidbjerg Bank will continue generating value for investors. It has 122 observation points and a regression sum of squares at 557.55, which is the sum of squared deviations for the predicted Hvidbjerg Bank price change compared to its average price change.

About Hvidbjerg Bank 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 Hvidbjerg Bank 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 Hvidbjerg Bank based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Hvidbjerg Bank price pattern first instead of the macroeconomic environment surrounding Hvidbjerg Bank. By analyzing Hvidbjerg Bank'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 Hvidbjerg Bank'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 Hvidbjerg Bank specific price patterns or momentum indicators. Please read more on our technical analysis page.

Hvidbjerg Bank April 24, 2024 Technical Indicators

Most technical analysis of Hvidbjerg 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 Hvidbjerg from various momentum indicators to cycle indicators. When you analyze Hvidbjerg 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.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hvidbjerg Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Complementary Tools for Hvidbjerg Stock analysis

When running Hvidbjerg Bank's price analysis, check to measure Hvidbjerg Bank'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 Hvidbjerg Bank is operating at the current time. Most of Hvidbjerg Bank's value examination focuses on studying past and present price action to predict the probability of Hvidbjerg Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hvidbjerg Bank's price. Additionally, you may evaluate how the addition of Hvidbjerg Bank to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Hvidbjerg Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hvidbjerg Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hvidbjerg Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.