Electromagnetic Geoservices (Norway) Technical Analysis
| EMGS Stock | NOK 2.24 0.03 1.32% |
As of the 17th of April 2024, Electromagnetic Geoservices shows the Standard Deviation of 2.79, mean deviation of 1.97, and Variance of 7.78. Electromagnetic Geoservices technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes 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 Electromagnetic Geoservices ASA, which can be compared to its peers. Please confirm Electromagnetic Geoservices variance, treynor ratio, and the relationship between the standard deviation and information ratio to decide if Electromagnetic Geoservices is priced favorably, providing market reflects its regular price of 2.24 per share.
Electromagnetic Geoservices Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Electromagnetic, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ElectromagneticElectromagnetic |
Electromagnetic Geoservices 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.
Electromagnetic Geoservices Technical Analysis
The output start index for this execution was fifteen with a total number of output elements of fourty-six. 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 Electromagnetic Geoservices volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Electromagnetic Geoservices Trend Analysis
Use this graph to draw trend lines for Electromagnetic Geoservices ASA. You can use it to identify possible trend reversals for Electromagnetic Geoservices 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 Electromagnetic Geoservices price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Electromagnetic Geoservices Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Electromagnetic Geoservices ASA applied against its price change over selected period. The best fit line has a slop of 0.0061 , which may suggest that Electromagnetic Geoservices ASA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.41, which is the sum of squared deviations for the predicted Electromagnetic Geoservices price change compared to its average price change.About Electromagnetic Geoservices 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 Electromagnetic Geoservices ASA 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 Electromagnetic Geoservices ASA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Electromagnetic Geoservices price pattern first instead of the macroeconomic environment surrounding Electromagnetic Geoservices. By analyzing Electromagnetic Geoservices'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 Electromagnetic Geoservices'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 Electromagnetic Geoservices specific price patterns or momentum indicators. Please read more on our technical analysis page.
Electromagnetic Geoservices April 17, 2024 Technical Indicators
Most technical analysis of Electromagnetic 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 Electromagnetic from various momentum indicators to cycle indicators. When you analyze Electromagnetic 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 | (0.02) | |||
| Market Risk Adjusted Performance | 0.1164 | |||
| Mean Deviation | 1.97 | |||
| Coefficient Of Variation | (1,976) | |||
| Standard Deviation | 2.79 | |||
| Variance | 7.78 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | 0.1064 | |||
| Maximum Drawdown | 16.78 | |||
| Value At Risk | (3.25) | |||
| Potential Upside | 4.91 | |||
| Skewness | 1.96 | |||
| Kurtosis | 6.29 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electromagnetic Geoservices ASA. 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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Electromagnetic Stock analysis
When running Electromagnetic Geoservices' price analysis, check to measure Electromagnetic Geoservices' 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 Electromagnetic Geoservices is operating at the current time. Most of Electromagnetic Geoservices' value examination focuses on studying past and present price action to predict the probability of Electromagnetic Geoservices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Electromagnetic Geoservices' price. Additionally, you may evaluate how the addition of Electromagnetic Geoservices to your portfolios can decrease your overall portfolio volatility.
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