EAM Solar (Norway) Technical Analysis
| EAM Stock | NOK 0.15 0.01 6.25% |
As of the 16th of December 2024, EAM Solar shows the Mean Deviation of 35.0, semi deviation of 22.75, and Downside Deviation of 29.97. EAM Solar ASA technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices. Please confirm EAM Solar ASA information ratio and the relationship between the maximum drawdown and skewness to decide if EAM Solar ASA is priced some-what accurately, providing market reflects its regular price of 0.15 per share.
EAM Solar Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as EAM, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EAMEAM |
EAM Solar 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.
EAM Solar ASA Technical Analysis
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 EAM Solar ASA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
EAM Solar ASA Trend Analysis
Use this graph to draw trend lines for EAM Solar ASA. You can use it to identify possible trend reversals for EAM Solar 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 EAM Solar price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.EAM Solar Best Fit Change Line
The following chart estimates an ordinary least squares regression model for EAM Solar ASA applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that EAM Solar ASA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 34.03, which is the sum of squared deviations for the predicted EAM Solar price change compared to its average price change.About EAM Solar 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 EAM Solar 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 EAM Solar ASA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on EAM Solar ASA price pattern first instead of the macroeconomic environment surrounding EAM Solar ASA. By analyzing EAM Solar'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 EAM Solar'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 EAM Solar specific price patterns or momentum indicators. Please read more on our technical analysis page.
EAM Solar December 16, 2024 Technical Indicators
Most technical analysis of EAM 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 EAM from various momentum indicators to cycle indicators. When you analyze EAM 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.
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1009 | |||
| Market Risk Adjusted Performance | 2.03 | |||
| Mean Deviation | 35.0 | |||
| Semi Deviation | 22.75 | |||
| Downside Deviation | 29.97 | |||
| Coefficient Of Variation | 796.53 | |||
| Standard Deviation | 89.29 | |||
| Variance | 7972.03 | |||
| Information Ratio | 0.1244 | |||
| Jensen Alpha | 10.7 | |||
| Total Risk Alpha | 0.1035 | |||
| Sortino Ratio | 0.3707 | |||
| Treynor Ratio | 2.02 | |||
| Maximum Drawdown | 749.23 | |||
| Value At Risk | (39.66) | |||
| Potential Upside | 66.67 | |||
| Downside Variance | 897.96 | |||
| Semi Variance | 517.45 | |||
| Expected Short fall | (59.67) | |||
| Skewness | 6.37 | |||
| Kurtosis | 46.8 |
Other Information on Investing in EAM Stock
EAM Solar financial ratios help investors to determine whether EAM 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 EAM with respect to the benefits of owning EAM Solar security.