Carlsberg (Denmark) Technical Analysis
| CARL-A Stock | DKK 1,130 10.00 0.89% |
As of the 25th of April, Carlsberg shows the Mean Deviation of 1.44, risk adjusted performance of (0.04), and Standard Deviation of 1.98. Carlsberg AS 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 thirteen technical drivers for Carlsberg AS, which can be compared to its peers. Please confirm Carlsberg AS value at risk, skewness, and the relationship between the maximum drawdown and potential upside to decide if Carlsberg AS is priced correctly, providing market reflects its regular price of 1130.0 per share.
Carlsberg Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Carlsberg, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CarlsbergCarlsberg |
Carlsberg 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.
Carlsberg AS Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Carlsberg AS volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Carlsberg AS Trend Analysis
Use this graph to draw trend lines for Carlsberg AS. You can use it to identify possible trend reversals for Carlsberg 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 Carlsberg price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Carlsberg Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Carlsberg AS applied against its price change over selected period. The best fit line has a slop of 3.16 , which may suggest that Carlsberg AS market price will keep on failing further. It has 122 observation points and a regression sum of squares at 378428.34, which is the sum of squared deviations for the predicted Carlsberg price change compared to its average price change.About Carlsberg 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 Carlsberg 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 Carlsberg AS based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Carlsberg AS price pattern first instead of the macroeconomic environment surrounding Carlsberg AS. By analyzing Carlsberg'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 Carlsberg'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 Carlsberg specific price patterns or momentum indicators. Please read more on our technical analysis page.
Carlsberg April 25, 2024 Technical Indicators
Most technical analysis of Carlsberg 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 Carlsberg from various momentum indicators to cycle indicators. When you analyze Carlsberg 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 | (0.04) | |||
| Market Risk Adjusted Performance | 0.3682 | |||
| Mean Deviation | 1.44 | |||
| Coefficient Of Variation | (1,308) | |||
| Standard Deviation | 1.98 | |||
| Variance | 3.93 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | 0.3582 | |||
| Maximum Drawdown | 11.12 | |||
| Value At Risk | (3.78) | |||
| Potential Upside | 2.61 | |||
| Skewness | (0.13) | |||
| Kurtosis | 1.77 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carlsberg 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 board of governors. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for Carlsberg Stock analysis
When running Carlsberg's price analysis, check to measure Carlsberg'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 Carlsberg is operating at the current time. Most of Carlsberg's value examination focuses on studying past and present price action to predict the probability of Carlsberg's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carlsberg's price. Additionally, you may evaluate how the addition of Carlsberg to your portfolios can decrease your overall portfolio volatility.
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