Royal Unibrew (Denmark) Technical Analysis

RBREW Stock  DKK 520.00  5.50  1.07%   
As of the 6th of May, Royal Unibrew holds the Risk Adjusted Performance of 0.0648, semi deviation of 1.57, and Coefficient Of Variation of 1103.72. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Royal Unibrew, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We are able to interpolate and break down nineteen technical drivers for Royal Unibrew AS, which can be compared to its competitors. Please check Royal Unibrew AS market risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Royal Unibrew AS is priced some-what accurately, providing market reflects its current price of 520.0 per share.

Royal Unibrew Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Royal, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Royal
  
Royal Unibrew'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.
Royal Unibrew 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 Royal Unibrew technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Royal Unibrew 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...

Royal Unibrew AS Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Royal Unibrew AS volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Royal Unibrew AS Trend Analysis

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

Royal Unibrew Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Royal Unibrew AS applied against its price change over selected period. The best fit line has a slop of   0.98  , which means Royal Unibrew AS will continue generating value for investors. It has 122 observation points and a regression sum of squares at 36634.64, which is the sum of squared deviations for the predicted Royal Unibrew price change compared to its average price change.

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

Royal Unibrew May 6, 2024 Technical Indicators

Most technical analysis of Royal 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 Royal from various momentum indicators to cycle indicators. When you analyze Royal 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royal Unibrew 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 housing.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Complementary Tools for Royal Stock analysis

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