Alm Brand (Denmark) Technical Analysis

ALMB Stock  DKK 12.02  0.05  0.41%   
As of the 16th of April 2024, Alm Brand shows the Mean Deviation of 0.9236, downside deviation of 1.12, and Risk Adjusted Performance of 0.0094. Alm Brand 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 Alm Brand, which can be compared to its peers. Please confirm Alm Brand variance, jensen alpha, and the relationship between the standard deviation and information ratio to decide if Alm Brand is priced correctly, providing market reflects its regular price of 12.02 per share.

Alm Brand Momentum Analysis

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

Alm Brand Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was one with a total number of output elements of sixty. 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 Alm Brand volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Alm Brand Trend Analysis

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

Alm Brand Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Alm Brand applied against its price change over selected period. The best fit line has a slop of   0.01  , which means Alm Brand will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2.58, which is the sum of squared deviations for the predicted Alm Brand price change compared to its average price change.

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

Alm Brand April 16, 2024 Technical Indicators

Most technical analysis of Alm 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 Alm from various momentum indicators to cycle indicators. When you analyze Alm 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Alm Brand. 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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Complementary Tools for Alm Stock analysis

When running Alm Brand's price analysis, check to measure Alm Brand'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 Alm Brand is operating at the current time. Most of Alm Brand's value examination focuses on studying past and present price action to predict the probability of Alm Brand's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alm Brand's price. Additionally, you may evaluate how the addition of Alm Brand to your portfolios can decrease your overall portfolio volatility.
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Please note, there is a significant difference between Alm Brand's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alm Brand is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alm Brand'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.