Kinnevik Investment (Sweden) Technical Analysis
KINV-A Stock | SEK 112.40 9.00 7.41% |
As of the 26th of April, Kinnevik Investment secures the Downside Deviation of 2.61, mean deviation of 1.7, and Risk Adjusted Performance of 0.0817. Kinnevik Investment 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 nineteen technical drivers for Kinnevik Investment, which can be compared to its peers in the industry. Please verify Kinnevik Investment jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if Kinnevik Investment AB is priced some-what accurately, providing market reflects its recent price of 112.4 per share.
Kinnevik Investment Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Kinnevik, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to KinnevikKinnevik |
Kinnevik Investment 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.
Kinnevik Investment Technical Analysis
The output start index for this execution was fourty-two with a total number of output elements of nineteen. 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 Kinnevik Investment volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Kinnevik Investment Trend Analysis
Use this graph to draw trend lines for Kinnevik Investment AB. You can use it to identify possible trend reversals for Kinnevik Investment 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 Kinnevik Investment price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Kinnevik Investment Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Kinnevik Investment AB applied against its price change over selected period. The best fit line has a slop of 0.36 , which means Kinnevik Investment AB will continue generating value for investors. It has 122 observation points and a regression sum of squares at 4798.91, which is the sum of squared deviations for the predicted Kinnevik Investment price change compared to its average price change.About Kinnevik Investment 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 Kinnevik Investment 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 Kinnevik Investment AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Kinnevik Investment price pattern first instead of the macroeconomic environment surrounding Kinnevik Investment. By analyzing Kinnevik Investment'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 Kinnevik Investment'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 Kinnevik Investment specific price patterns or momentum indicators. Please read more on our technical analysis page.
Kinnevik Investment April 26, 2024 Technical Indicators
Most technical analysis of Kinnevik 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 Kinnevik from various momentum indicators to cycle indicators. When you analyze Kinnevik 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 | 0.0817 | |||
Market Risk Adjusted Performance | 0.6614 | |||
Mean Deviation | 1.7 | |||
Semi Deviation | 2.11 | |||
Downside Deviation | 2.61 | |||
Coefficient Of Variation | 839.73 | |||
Standard Deviation | 2.35 | |||
Variance | 5.5 | |||
Information Ratio | 0.0816 | |||
Jensen Alpha | 0.2372 | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | 0.0733 | |||
Treynor Ratio | 0.6514 | |||
Maximum Drawdown | 13.18 | |||
Value At Risk | (3.80) | |||
Potential Upside | 4.74 | |||
Downside Variance | 6.82 | |||
Semi Variance | 4.47 | |||
Expected Short fall | (1.74) | |||
Skewness | (0.12) | |||
Kurtosis | 1.05 |
Kinnevik Investment April 26, 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 Kinnevik 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 | 1,285 | ||
Daily Balance Of Power | (0.87) | ||
Rate Of Daily Change | 0.93 | ||
Day Median Price | 117.60 | ||
Day Typical Price | 115.87 | ||
Price Action Indicator | (9.70) | ||
Market Facilitation Index | 0.0007 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kinnevik Investment 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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Kinnevik Stock analysis
When running Kinnevik Investment's price analysis, check to measure Kinnevik Investment'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 Kinnevik Investment is operating at the current time. Most of Kinnevik Investment's value examination focuses on studying past and present price action to predict the probability of Kinnevik Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kinnevik Investment's price. Additionally, you may evaluate how the addition of Kinnevik Investment to your portfolios can decrease your overall portfolio volatility.
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