Daewon Chemical (Korea) Technical Analysis
| 024890 Stock | 1,140 85.00 8.06% |
As of the 27th of November, Daewon Chemical shows the Standard Deviation of 4.69, coefficient of variation of (4,119), and Mean Deviation of 2.11. Daewon Chemical 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.
Daewon Chemical Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Daewon, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DaewonDaewon |
Daewon Chemical 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.
Daewon Chemical 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 Daewon Chemical volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Daewon Chemical Trend Analysis
Use this graph to draw trend lines for Daewon Chemical Co. You can use it to identify possible trend reversals for Daewon Chemical 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 Daewon Chemical price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Daewon Chemical Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Daewon Chemical Co applied against its price change over selected period. The best fit line has a slop of 4.3 , which may suggest that Daewon Chemical Co market price will keep on failing further. It has 122 observation points and a regression sum of squares at 699223.0, which is the sum of squared deviations for the predicted Daewon Chemical price change compared to its average price change.About Daewon Chemical 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 Daewon Chemical 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 Daewon Chemical Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Daewon Chemical price pattern first instead of the macroeconomic environment surrounding Daewon Chemical. By analyzing Daewon Chemical'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 Daewon Chemical'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 Daewon Chemical specific price patterns or momentum indicators. Please read more on our technical analysis page.
Daewon Chemical November 27, 2024 Technical Indicators
Most technical analysis of Daewon 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 Daewon from various momentum indicators to cycle indicators. When you analyze Daewon 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 | (0.32) | |||
| Mean Deviation | 2.11 | |||
| Coefficient Of Variation | (4,119) | |||
| Standard Deviation | 4.69 | |||
| Variance | 22.03 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.86) | |||
| Treynor Ratio | (0.33) | |||
| Maximum Drawdown | 42.44 | |||
| Value At Risk | (7.07) | |||
| Potential Upside | 2.2 | |||
| Skewness | 3.78 | |||
| Kurtosis | 26.51 |
Complementary Tools for Daewon Stock analysis
When running Daewon Chemical's price analysis, check to measure Daewon Chemical'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 Daewon Chemical is operating at the current time. Most of Daewon Chemical's value examination focuses on studying past and present price action to predict the probability of Daewon Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daewon Chemical's price. Additionally, you may evaluate how the addition of Daewon Chemical to your portfolios can decrease your overall portfolio volatility.
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