Induct AS (Norway) Technical Analysis
| INDCT Stock | 1.95 0.15 7.14% |
As of the 15th of December 2024, Induct AS retains the Downside Deviation of 7.16, risk adjusted performance of 0.0275, and Market Risk Adjusted Performance of (0.07). Induct AS technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.
Induct AS Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Induct, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to InductInduct |
Induct AS 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.
Induct AS Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Induct AS volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Induct AS Trend Analysis
Use this graph to draw trend lines for Induct AS. You can use it to identify possible trend reversals for Induct AS 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 Induct AS price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Induct AS Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Induct AS applied against its price change over selected period. The best fit line has a slop of 0.0019 , which may suggest that Induct AS market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.13, which is the sum of squared deviations for the predicted Induct AS price change compared to its average price change.About Induct AS 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 Induct AS 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 Induct AS based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Induct AS price pattern first instead of the macroeconomic environment surrounding Induct AS. By analyzing Induct AS'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 Induct AS'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 Induct AS specific price patterns or momentum indicators. Please read more on our technical analysis page.
Induct AS December 15, 2024 Technical Indicators
Most technical analysis of Induct 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 Induct from various momentum indicators to cycle indicators. When you analyze Induct 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 | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0275 | |||
| Market Risk Adjusted Performance | (0.07) | |||
| Mean Deviation | 4.52 | |||
| Semi Deviation | 5.25 | |||
| Downside Deviation | 7.16 | |||
| Coefficient Of Variation | 3935.82 | |||
| Standard Deviation | 7.76 | |||
| Variance | 60.16 | |||
| Information Ratio | 0.0125 | |||
| Jensen Alpha | 0.4097 | |||
| Total Risk Alpha | (0.78) | |||
| Sortino Ratio | 0.0135 | |||
| Treynor Ratio | (0.08) | |||
| Maximum Drawdown | 46.23 | |||
| Value At Risk | (11.16) | |||
| Potential Upside | 13.54 | |||
| Downside Variance | 51.32 | |||
| Semi Variance | 27.59 | |||
| Expected Short fall | (8.97) | |||
| Skewness | 1.46 | |||
| Kurtosis | 6.46 |
Other Information on Investing in Induct Stock
Induct AS financial ratios help investors to determine whether Induct 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 Induct with respect to the benefits of owning Induct AS security.