River Tech (Norway) Technical Analysis
| RIVER Stock | NOK 20.80 4.60 28.40% |
As of the 4th of December, River Tech holds the Variance of 33.78, risk adjusted performance of 0.006, and Coefficient Of Variation of (28,698). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of River Tech, as well as the relationship between them.
River Tech Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as River, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RiverRiver |
River Tech 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.
River Tech plc Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 River Tech plc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
River Tech plc Trend Analysis
Use this graph to draw trend lines for River Tech plc. You can use it to identify possible trend reversals for River Tech 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 River Tech price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.River Tech Best Fit Change Line
The following chart estimates an ordinary least squares regression model for River Tech plc applied against its price change over selected period. The best fit line has a slop of 0.13 , which may suggest that River Tech plc market price will keep on failing further. It has 122 observation points and a regression sum of squares at 645.73, which is the sum of squared deviations for the predicted River Tech price change compared to its average price change.About River Tech 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 River Tech plc 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 River Tech plc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on River Tech plc price pattern first instead of the macroeconomic environment surrounding River Tech plc. By analyzing River Tech'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 River Tech'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 River Tech specific price patterns or momentum indicators. Please read more on our technical analysis page.
River Tech December 4, 2024 Technical Indicators
Most technical analysis of River 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 River from various momentum indicators to cycle indicators. When you analyze River 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 | 0.006 | |||
| Market Risk Adjusted Performance | (4.79) | |||
| Mean Deviation | 3.4 | |||
| Coefficient Of Variation | (28,698) | |||
| Standard Deviation | 5.81 | |||
| Variance | 33.78 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.82) | |||
| Treynor Ratio | (4.80) | |||
| Maximum Drawdown | 29.4 | |||
| Value At Risk | (7.06) | |||
| Potential Upside | 7.59 | |||
| Skewness | 1.74 | |||
| Kurtosis | 9.0 |
Other Information on Investing in River Stock
River Tech financial ratios help investors to determine whether River 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 River with respect to the benefits of owning River Tech security.