Skanska Ab Stock Technical Analysis
| SKSBF Stock | USD 20.10 0.10 0.50% |
As of the 29th of November, Skanska AB has the Risk Adjusted Performance of 0.0132, coefficient of variation of 8193.94, and Semi Deviation of 0.8941. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Skanska AB, as well as the relationship between them. Please validate Skanska AB coefficient of variation, maximum drawdown, skewness, as well as the relationship between the information ratio and downside variance to decide if Skanska AB is priced more or less accurately, providing market reflects its prevalent price of 20.1 per share. Given that Skanska AB has jensen alpha of (0.01), we advise you to double-check Skanska AB's current market performance to make sure the company can sustain itself at a future point.
Skanska AB Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Skanska, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SkanskaSkanska |
Skanska AB technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Skanska AB Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-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 Skanska AB volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Skanska AB Trend Analysis
Use this graph to draw trend lines for Skanska AB. You can use it to identify possible trend reversals for Skanska AB 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 Skanska AB price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Skanska AB Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Skanska AB applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Skanska AB will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1.24, which is the sum of squared deviations for the predicted Skanska AB price change compared to its average price change.About Skanska AB 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 Skanska AB 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 Skanska AB based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Skanska AB price pattern first instead of the macroeconomic environment surrounding Skanska AB. By analyzing Skanska AB'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 Skanska AB'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 Skanska AB specific price patterns or momentum indicators. Please read more on our technical analysis page.
Skanska AB November 29, 2024 Technical Indicators
Most technical analysis of Skanska 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 Skanska from various momentum indicators to cycle indicators. When you analyze Skanska 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 | 0.0132 | |||
| Market Risk Adjusted Performance | 0.0537 | |||
| Mean Deviation | 0.4675 | |||
| Semi Deviation | 0.8941 | |||
| Downside Deviation | 3.1 | |||
| Coefficient Of Variation | 8193.94 | |||
| Standard Deviation | 1.25 | |||
| Variance | 1.57 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0437 | |||
| Maximum Drawdown | 10.75 | |||
| Value At Risk | (1.82) | |||
| Potential Upside | 2.44 | |||
| Downside Variance | 9.62 | |||
| Semi Variance | 0.7995 | |||
| Expected Short fall | (2.59) | |||
| Skewness | 0.0419 | |||
| Kurtosis | 10.46 |
Complementary Tools for Skanska Pink Sheet analysis
When running Skanska AB's price analysis, check to measure Skanska AB's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Skanska AB is operating at the current time. Most of Skanska AB's value examination focuses on studying past and present price action to predict the probability of Skanska AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Skanska AB's price. Additionally, you may evaluate how the addition of Skanska AB to your portfolios can decrease your overall portfolio volatility.
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