Talenom Oyj (Finland) Technical Analysis
| TNOM Stock | EUR 3.32 0.08 2.35% |
As of the 16th of December 2024, Talenom Oyj has the Variance of 6.02, risk adjusted performance of (0.13), and Coefficient Of Variation of (519.67). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Talenom Oyj, as well as the relationship between them. Please validate Talenom Oyj value at risk, skewness, and the relationship between the maximum drawdown and potential upside to decide if Talenom Oyj is priced more or less accurately, providing market reflects its prevalent price of 3.32 per share.
Talenom Oyj Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Talenom, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TalenomTalenom |
Talenom Oyj 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.
Talenom Oyj 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 Talenom Oyj volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Talenom Oyj Trend Analysis
Use this graph to draw trend lines for Talenom Oyj. You can use it to identify possible trend reversals for Talenom Oyj 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 Talenom Oyj price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Talenom Oyj Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Talenom Oyj applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that Talenom Oyj market price will keep on failing further. It has 122 observation points and a regression sum of squares at 38.14, which is the sum of squared deviations for the predicted Talenom Oyj price change compared to its average price change.About Talenom Oyj 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 Talenom Oyj 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 Talenom Oyj based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Talenom Oyj price pattern first instead of the macroeconomic environment surrounding Talenom Oyj. By analyzing Talenom Oyj'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 Talenom Oyj'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 Talenom Oyj specific price patterns or momentum indicators. Please read more on our technical analysis page.
Talenom Oyj December 16, 2024 Technical Indicators
Most technical analysis of Talenom 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 Talenom from various momentum indicators to cycle indicators. When you analyze Talenom 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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| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.13) | |||
| Market Risk Adjusted Performance | 0.8334 | |||
| Mean Deviation | 1.66 | |||
| Coefficient Of Variation | (519.67) | |||
| Standard Deviation | 2.45 | |||
| Variance | 6.02 | |||
| Information Ratio | (0.23) | |||
| Jensen Alpha | (0.43) | |||
| Total Risk Alpha | (0.79) | |||
| Treynor Ratio | 0.8234 | |||
| Maximum Drawdown | 16.21 | |||
| Value At Risk | (3.52) | |||
| Potential Upside | 3.37 | |||
| Skewness | (1.11) | |||
| Kurtosis | 5.43 |
Complementary Tools for Talenom Stock analysis
When running Talenom Oyj's price analysis, check to measure Talenom Oyj'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 Talenom Oyj is operating at the current time. Most of Talenom Oyj's value examination focuses on studying past and present price action to predict the probability of Talenom Oyj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Talenom Oyj's price. Additionally, you may evaluate how the addition of Talenom Oyj to your portfolios can decrease your overall portfolio volatility.
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