Alma Media (Finland) Technical Analysis

ALMA Stock  EUR 9.86  0.04  0.40%   
As of the 29th of March, Alma Media shows the Downside Deviation of 0.94, risk adjusted performance of 0.032, and Mean Deviation of 0.6598. Alma Media Oyj technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Alma Media Oyj, which can be compared to its rivals. Please confirm Alma Media Oyj variance, jensen alpha, and the relationship between the standard deviation and information ratio to decide if Alma Media Oyj is priced correctly, providing market reflects its regular price of 9.86 per share.

Alma Media Momentum Analysis

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

Alma Media Oyj 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 Alma Media Oyj volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Alma Media Oyj Trend Analysis

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

Alma Media Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Alma Media Oyj applied against its price change over selected period. The best fit line has a slop of    , which means Alma Media Oyj will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.13, which is the sum of squared deviations for the predicted Alma Media price change compared to its average price change.

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

Alma Media March 29, 2024 Technical Indicators

Most technical analysis of Alma 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 Alma from various momentum indicators to cycle indicators. When you analyze Alma 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.

Alma Media March 29, 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 Alma 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alma Media Oyj. 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Complementary Tools for Alma Stock analysis

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