Svenska Cellulosa Aktiebolaget Stock Technical Analysis

SVCBF Stock  USD 14.15  0.00  0.00%   
As of the 29th of March, Svenska Cellulosa has the Coefficient Of Variation of (2,917), risk adjusted performance of (0.01), and Variance of 2.94. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Svenska Cellulosa, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We have analyzed thirteen technical drivers for Svenska Cellulosa Aktiebolaget, which can be compared to its competition. Please validate Svenska Cellulosa information ratio, as well as the relationship between the value at risk and kurtosis to decide if Svenska Cellulosa is priced more or less accurately, providing market reflects its prevalent price of 14.15 per share. Given that Svenska Cellulosa has information ratio of (0.11), we advise you to double-check Svenska Cellulosa Aktiebolaget's current market performance to make sure the company can sustain itself at a future point.

Svenska Cellulosa Momentum Analysis

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

Svenska Cellulosa 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 Svenska Cellulosa volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Svenska Cellulosa Trend Analysis

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

Svenska Cellulosa Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Svenska Cellulosa Aktiebolaget applied against its price change over selected period. The best fit line has a slop of   0.0013  , which may suggest that Svenska Cellulosa Aktiebolaget market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.07, which is the sum of squared deviations for the predicted Svenska Cellulosa price change compared to its average price change.

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

Svenska Cellulosa March 29, 2024 Technical Indicators

Most technical analysis of Svenska 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 Svenska from various momentum indicators to cycle indicators. When you analyze Svenska 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Svenska Cellulosa Aktiebolaget. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Svenska Cellulosa information on this page should be used as a complementary analysis to other Svenska Cellulosa's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Svenska Pink Sheet analysis

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