Yit Oyj Adr Stock Technical Analysis

YITYY Stock  USD 1.02  0.00  0.00%   
As of the 26th of April, Yit Oyj maintains the Standard Deviation of 3.79, mean deviation of 0.8139, and Market Risk Adjusted Performance of 0.1758. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Yit Oyj ADR, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We have analyzed and interpolated eleven technical drivers for Yit Oyj ADR, which can be compared to its peers. Please check out Yit Oyj ADR coefficient of variation, as well as the relationship between the total risk alpha and skewness to decide if Yit Oyj ADR is priced fairly, providing market reflects its latest price of 1.02 per share. Given that Yit Oyj ADR is a hitting penny stock territory we urge to closely look at its information ratio.

Yit Oyj Momentum Analysis

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

Yit Oyj ADR Technical Analysis

Indicator
Time Period
Execute Indicator
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 Yit Oyj ADR volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Yit Oyj ADR Trend Analysis

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

Yit Oyj Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Yit Oyj ADR applied against its price change over selected period. The best fit line has a slop of   0.0003  , which may suggest that Yit Oyj ADR market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Yit Oyj price change compared to its average price change.

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

Yit Oyj April 26, 2024 Technical Indicators

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

Yit Oyj April 26, 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 Yit 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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Yit Oyj ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

Complementary Tools for Yit Pink Sheet analysis

When running Yit Oyj's price analysis, check to measure Yit Oyj'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 Yit Oyj is operating at the current time. Most of Yit Oyj's value examination focuses on studying past and present price action to predict the probability of Yit Oyj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yit Oyj's price. Additionally, you may evaluate how the addition of Yit Oyj to your portfolios can decrease your overall portfolio volatility.
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Please note, there is a significant difference between Yit Oyj's value and its price as these two are different measures arrived at by different means. Investors typically determine if Yit Oyj is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Yit Oyj'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.