Kindred Group (Sweden) Technical Analysis
KIND-SDB | SEK 123.20 0.10 0.08% |
As of the 25th of April, Kindred Group secures the Mean Deviation of 0.523, risk adjusted performance of 0.0888, and Coefficient Of Variation of 762.21. Kindred Group plc 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 eighteen technical drivers for Kindred Group, which can be compared to its peers in the industry. Please verify Kindred Group plc information ratio, treynor ratio, value at risk, as well as the relationship between the jensen alpha and maximum drawdown to decide if Kindred Group plc is priced some-what accurately, providing market reflects its recent price of 123.2 per share.
Kindred 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 Kindred, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to KindredKindred |
Kindred 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.
Kindred Group plc 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 Kindred Group plc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Kindred Group plc Trend Analysis
Use this graph to draw trend lines for Kindred Group plc. You can use it to identify possible trend reversals for Kindred 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 Kindred Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Kindred Group Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Kindred Group plc applied against its price change over selected period. The best fit line has a slop of 0.03 , which means Kindred Group plc will continue generating value for investors. It has 122 observation points and a regression sum of squares at 36.69, which is the sum of squared deviations for the predicted Kindred Group price change compared to its average price change.About Kindred 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 Kindred Group plc 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 Kindred Group plc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Kindred Group plc price pattern first instead of the macroeconomic environment surrounding Kindred Group plc. By analyzing Kindred 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 Kindred 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 Kindred Group specific price patterns or momentum indicators. Please read more on our technical analysis page.
Kindred Group April 25, 2024 Technical Indicators
Most technical analysis of Kindred 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 Kindred from various momentum indicators to cycle indicators. When you analyze Kindred 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 | 0.0888 | |||
Market Risk Adjusted Performance | 1.73 | |||
Mean Deviation | 0.523 | |||
Downside Deviation | 0.1667 | |||
Coefficient Of Variation | 762.21 | |||
Standard Deviation | 2.06 | |||
Variance | 4.23 | |||
Information Ratio | 0.0848 | |||
Jensen Alpha | 0.2469 | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | 1.05 | |||
Treynor Ratio | 1.72 | |||
Maximum Drawdown | 17.05 | |||
Value At Risk | (0.24) | |||
Potential Upside | 0.2846 | |||
Downside Variance | 0.0278 | |||
Semi Variance | (0.26) | |||
Expected Short fall | (0.81) | |||
Skewness | 8.02 | |||
Kurtosis | 64.82 |
Kindred Group April 25, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Kindred stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 3,763 | ||
Daily Balance Of Power | (0.14) | ||
Rate Of Daily Change | 1.00 | ||
Day Median Price | 123.45 | ||
Day Typical Price | 123.37 | ||
Price Action Indicator | (0.30) |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kindred Group plc. 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Kindred Stock analysis
When running Kindred Group's price analysis, check to measure Kindred 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 Kindred Group is operating at the current time. Most of Kindred Group's value examination focuses on studying past and present price action to predict the probability of Kindred 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 Kindred Group's price. Additionally, you may evaluate how the addition of Kindred Group to your portfolios can decrease your overall portfolio volatility.
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