Taekwang Ind (Korea) Technical Analysis
| 003240 Stock | 632,000 3,000 0.47% |
As of the 24th of January, Taekwang Ind has the Variance of 3.14, coefficient of variation of (4,329), and Risk Adjusted Performance of (0.01). Taekwang Ind technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices.
Taekwang Ind Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Taekwang, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TaekwangTaekwang |
Taekwang Ind 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.
Taekwang Ind Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 Taekwang Ind volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Taekwang Ind Trend Analysis
Use this graph to draw trend lines for Taekwang Ind. You can use it to identify possible trend reversals for Taekwang Ind 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 Taekwang Ind price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Taekwang Ind Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Taekwang Ind applied against its price change over selected period. The best fit line has a slop of 656.43 , which may suggest that Taekwang Ind market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.629641131676E10, which is the sum of squared deviations for the predicted Taekwang Ind price change compared to its average price change.About Taekwang Ind 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 Taekwang Ind 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 Taekwang Ind based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Taekwang Ind price pattern first instead of the macroeconomic environment surrounding Taekwang Ind. By analyzing Taekwang Ind'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 Taekwang Ind'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 Taekwang Ind specific price patterns or momentum indicators. Please read more on our technical analysis page.
Taekwang Ind January 24, 2025 Technical Indicators
Most technical analysis of Taekwang 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 Taekwang from various momentum indicators to cycle indicators. When you analyze Taekwang 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | 0.8156 | |||
| Mean Deviation | 1.17 | |||
| Coefficient Of Variation | (4,329) | |||
| Standard Deviation | 1.77 | |||
| Variance | 3.14 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | 0.8056 | |||
| Maximum Drawdown | 12.12 | |||
| Value At Risk | (2.88) | |||
| Potential Upside | 2.45 | |||
| Skewness | (0.39) | |||
| Kurtosis | 3.48 |
Complementary Tools for Taekwang Stock analysis
When running Taekwang Ind's price analysis, check to measure Taekwang Ind'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 Taekwang Ind is operating at the current time. Most of Taekwang Ind's value examination focuses on studying past and present price action to predict the probability of Taekwang Ind's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taekwang Ind's price. Additionally, you may evaluate how the addition of Taekwang Ind to your portfolios can decrease your overall portfolio volatility.
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