Sparinv SICAV (Denmark) Technical Analysis
| SSIEGVEURR | EUR 296.70 0.30 0.10% |
As of the 10th of December, Sparinv SICAV has the Risk Adjusted Performance of 0.1558, standard deviation of 0.7346, and Downside Deviation of 0.6004. Our technical analysis interface makes it possible for you to check existing technical drivers of Sparinv SICAV, as well as the relationship between them. Please validate Sparinv SICAV variance, as well as the relationship between the maximum drawdown and semi variance to decide if Sparinv SICAV is priced more or less accurately, providing market reflects its prevalent price of 296.7 per share.
Sparinv SICAV Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Sparinv, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SparinvSparinv |
Sparinv SICAV technical fund 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, fund market cycles, or different charting patterns.
Sparinv SICAV 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 Sparinv SICAV volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Sparinv SICAV Trend Analysis
Use this graph to draw trend lines for Sparinv SICAV. You can use it to identify possible trend reversals for Sparinv SICAV 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 Sparinv SICAV price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Sparinv SICAV Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Sparinv SICAV applied against its price change over selected period. The best fit line has a slop of 0.41 , which means Sparinv SICAV will continue generating value for investors. It has 122 observation points and a regression sum of squares at 6313.67, which is the sum of squared deviations for the predicted Sparinv SICAV price change compared to its average price change.About Sparinv SICAV 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 Sparinv SICAV 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 Sparinv SICAV based on its technical analysis. In general, a bottom-up approach, as applied to this fund, focuses on Sparinv SICAV price pattern first instead of the macroeconomic environment surrounding Sparinv SICAV. By analyzing Sparinv SICAV'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 Sparinv SICAV'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 Sparinv SICAV specific price patterns or momentum indicators. Please read more on our technical analysis page.
Sparinv SICAV December 10, 2024 Technical Indicators
Most technical analysis of Sparinv 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 Sparinv from various momentum indicators to cycle indicators. When you analyze Sparinv 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 | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1558 | |||
| Market Risk Adjusted Performance | 0.2409 | |||
| Mean Deviation | 0.5009 | |||
| Downside Deviation | 0.6004 | |||
| Coefficient Of Variation | 469.89 | |||
| Standard Deviation | 0.7346 | |||
| Variance | 0.5396 | |||
| Information Ratio | 0.0115 | |||
| Jensen Alpha | 0.0589 | |||
| Total Risk Alpha | 0.0079 | |||
| Sortino Ratio | 0.0141 | |||
| Treynor Ratio | 0.2309 | |||
| Maximum Drawdown | 4.62 | |||
| Value At Risk | (0.83) | |||
| Potential Upside | 1.17 | |||
| Downside Variance | 0.3604 | |||
| Semi Variance | (0.01) | |||
| Expected Short fall | (0.86) | |||
| Skewness | 1.94 | |||
| Kurtosis | 8.24 |
Other Information on Investing in Sparinv Fund
Sparinv SICAV financial ratios help investors to determine whether Sparinv Fund 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 Sparinv with respect to the benefits of owning Sparinv SICAV security.
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