Bewi Asa (Norway) Technical Analysis
| BEWI Stock | NOK 26.60 1.40 5.00% |
As of the 13th of December 2024, Bewi Asa shows the Risk Adjusted Performance of 0.0212, downside deviation of 2.84, and Mean Deviation of 2.02. Bewi Asa 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. Please confirm Bewi Asa maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk to decide if Bewi Asa is priced correctly, providing market reflects its regular price of 26.6 per share.
Bewi Asa Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Bewi, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BewiBewi |
Bewi Asa 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.
Bewi Asa Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Bewi Asa volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Bewi Asa Trend Analysis
Use this graph to draw trend lines for Bewi Asa. You can use it to identify possible trend reversals for Bewi Asa 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 Bewi Asa price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Bewi Asa Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Bewi Asa applied against its price change over selected period. The best fit line has a slop of 0.09 , which may suggest that Bewi Asa market price will keep on failing further. It has 122 observation points and a regression sum of squares at 295.81, which is the sum of squared deviations for the predicted Bewi Asa price change compared to its average price change.About Bewi Asa 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 Bewi 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 Bewi Asa based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Bewi Asa price pattern first instead of the macroeconomic environment surrounding Bewi Asa. By analyzing Bewi Asa'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 Bewi Asa'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 Bewi Asa specific price patterns or momentum indicators. Please read more on our technical analysis page.
Bewi Asa December 13, 2024 Technical Indicators
Most technical analysis of Bewi 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 Bewi from various momentum indicators to cycle indicators. When you analyze Bewi 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 | 0.0212 | |||
| Market Risk Adjusted Performance | (0.07) | |||
| Mean Deviation | 2.02 | |||
| Semi Deviation | 2.46 | |||
| Downside Deviation | 2.84 | |||
| Coefficient Of Variation | 5373.93 | |||
| Standard Deviation | 3.2 | |||
| Variance | 10.22 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | 0.1157 | |||
| Total Risk Alpha | (0.40) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.08) | |||
| Maximum Drawdown | 15.94 | |||
| Value At Risk | (4.49) | |||
| Potential Upside | 3.93 | |||
| Downside Variance | 8.05 | |||
| Semi Variance | 6.03 | |||
| Expected Short fall | (2.44) | |||
| Skewness | 1.82 | |||
| Kurtosis | 8.18 |
Bewi Asa December 13, 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 Bewi 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.
| Accumulation Distribution | 2,149 | ||
| Daily Balance Of Power | (0.74) | ||
| Rate Of Daily Change | 0.95 | ||
| Day Median Price | 27.05 | ||
| Day Typical Price | 26.90 | ||
| Price Action Indicator | (1.15) |
Other Information on Investing in Bewi Stock
Bewi Asa financial ratios help investors to determine whether Bewi 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 Bewi with respect to the benefits of owning Bewi Asa security.