Tele2 AB (Sweden) Volatility Indicators Normalized Average True Range

TEL2-A Stock  SEK 114.00  1.00  0.87%   
Tele2 AB volatility indicators tool provides the execution environment for running the Normalized Average True Range indicator and other technical functions against Tele2 AB. Tele2 AB value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of volatility indicators indicators. As with most other technical indicators, the Normalized Average True Range indicator function is designed to identify and follow existing trends. Tele2 AB volatility indicators enable investors to predict price movements based on how different True Range indicators change over time. Please specify Time Period to run this model.

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The output start index for this execution was ten with a total number of output elements of fifty-one. The Normalized Average True Range is used to analyze tradable apportunities for Tele2 AB across different markets.

Tele2 AB Technical Analysis Modules

Most technical analysis of Tele2 AB 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 Tele2 from various momentum indicators to cycle indicators. When you analyze Tele2 charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Tele2 AB Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tele2 AB. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tele2 AB based on widely used predictive technical indicators. In general, we focus on analyzing Tele2 Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tele2 AB's daily price indicators and compare them against related drivers, such as volatility indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Tele2 AB's intrinsic value. In addition to deriving basic predictive indicators for Tele2 AB, we also check how macroeconomic factors affect Tele2 AB price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
112.56114.00115.44
Details
Intrinsic
Valuation
LowRealHigh
93.5695.00125.40
Details
Naive
Forecast
LowNextHigh
115.27116.72118.16
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
112.31113.60114.89
Details

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Tele2 AB pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tele2 AB position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tele2 AB will appreciate offsetting losses from the drop in the long position's value.

Tele2 AB Pair Trading

Tele2 AB Pair Trading Analysis

The ability to find closely correlated positions to Tele2 AB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tele2 AB when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tele2 AB - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tele2 AB to buy it.
The correlation of Tele2 AB is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tele2 AB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tele2 AB moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tele2 AB can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Tele2 Stock

Tele2 AB financial ratios help investors to determine whether Tele2 Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tele2 with respect to the benefits of owning Tele2 AB security.