Daedong Metals (Korea) Technical Analysis
| 020400 Stock | KRW 7,060 270.00 3.98% |
As of the 31st of January, Daedong Metals shows the Downside Deviation of 3.27, semi deviation of 3.0, and Mean Deviation of 3.01. Daedong Metals technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.
Daedong Metals Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Daedong, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DaedongDaedong |
Daedong Metals 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.
Daedong Metals Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Daedong Metals volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Daedong Metals Trend Analysis
Use this graph to draw trend lines for Daedong Metals Co. You can use it to identify possible trend reversals for Daedong Metals 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 Daedong Metals price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Daedong Metals Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Daedong Metals Co applied against its price change over selected period. The best fit line has a slop of 10.97 , which means Daedong Metals Co will continue producing value for investors. It has 122 observation points and a regression sum of squares at 4552934.54, which is the sum of squared deviations for the predicted Daedong Metals price change compared to its average price change.About Daedong Metals 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 Daedong Metals Co 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 Daedong Metals Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Daedong Metals price pattern first instead of the macroeconomic environment surrounding Daedong Metals. By analyzing Daedong Metals'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 Daedong Metals'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 Daedong Metals specific price patterns or momentum indicators. Please read more on our technical analysis page.
Daedong Metals January 31, 2025 Technical Indicators
Most technical analysis of Daedong 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 Daedong from various momentum indicators to cycle indicators. When you analyze Daedong 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 | 0.0569 | |||
| Market Risk Adjusted Performance | 0.99 | |||
| Mean Deviation | 3.01 | |||
| Semi Deviation | 3.0 | |||
| Downside Deviation | 3.27 | |||
| Coefficient Of Variation | 1722.36 | |||
| Standard Deviation | 5.3 | |||
| Variance | 28.13 | |||
| Information Ratio | 0.0392 | |||
| Jensen Alpha | 0.2706 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | 0.0637 | |||
| Treynor Ratio | 0.98 | |||
| Maximum Drawdown | 38.05 | |||
| Value At Risk | (5.96) | |||
| Potential Upside | 7.77 | |||
| Downside Variance | 10.68 | |||
| Semi Variance | 9.03 | |||
| Expected Short fall | (4.13) | |||
| Skewness | 3.13 | |||
| Kurtosis | 15.35 |
Complementary Tools for Daedong Stock analysis
When running Daedong Metals' price analysis, check to measure Daedong Metals' 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 Daedong Metals is operating at the current time. Most of Daedong Metals' value examination focuses on studying past and present price action to predict the probability of Daedong Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daedong Metals' price. Additionally, you may evaluate how the addition of Daedong Metals to your portfolios can decrease your overall portfolio volatility.
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