Karolinska Development (Sweden) Technical Analysis
| KDEV Stock | SEK 1.52 0.01 0.66% |
As of the 18th of April 2024, Karolinska Development secures the Standard Deviation of 2.22, risk adjusted performance of (0.04), and Mean Deviation of 1.73. Karolinska Development AB technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Karolinska Development, which can be compared to its peers in the industry. Please verify Karolinska Development mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Karolinska Development AB is priced some-what accurately, providing market reflects its recent price of 1.52 per share.
Karolinska Development Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Karolinska, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to KarolinskaKarolinska |
Karolinska Development 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.
Karolinska Development 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 Karolinska Development volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Karolinska Development Trend Analysis
Use this graph to draw trend lines for Karolinska Development AB. You can use it to identify possible trend reversals for Karolinska Development 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 Karolinska Development price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Karolinska Development Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Karolinska Development AB applied against its price change over selected period. The best fit line has a slop of 0.0037 , which may suggest that Karolinska Development AB market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.53, which is the sum of squared deviations for the predicted Karolinska Development price change compared to its average price change.About Karolinska Development 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 Karolinska Development 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 Karolinska Development AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Karolinska Development price pattern first instead of the macroeconomic environment surrounding Karolinska Development. By analyzing Karolinska Development'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 Karolinska Development'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 Karolinska Development specific price patterns or momentum indicators. Please read more on our technical analysis page.
Karolinska Development April 18, 2024 Technical Indicators
Most technical analysis of Karolinska 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 Karolinska from various momentum indicators to cycle indicators. When you analyze Karolinska 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 | (0.04) | |||
| Market Risk Adjusted Performance | (0.29) | |||
| Mean Deviation | 1.73 | |||
| Coefficient Of Variation | (1,290) | |||
| Standard Deviation | 2.22 | |||
| Variance | 4.91 | |||
| Information Ratio | (0.10) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (0.30) | |||
| Maximum Drawdown | 10.7 | |||
| Value At Risk | (3.01) | |||
| Potential Upside | 4.35 | |||
| Skewness | 0.4873 | |||
| Kurtosis | 0.6353 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Karolinska Development AB. 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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for Karolinska Stock analysis
When running Karolinska Development's price analysis, check to measure Karolinska Development'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 Karolinska Development is operating at the current time. Most of Karolinska Development's value examination focuses on studying past and present price action to predict the probability of Karolinska Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Karolinska Development's price. Additionally, you may evaluate how the addition of Karolinska Development to your portfolios can decrease your overall portfolio volatility.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges |