Cheryong Electric (Korea) Technical Analysis
| 033100 Stock | KRW 57,400 1,200 2.14% |
As of the 18th of January 2025, Cheryong Electric shows the mean deviation of 3.17, and Risk Adjusted Performance of 0.0107. Cheryong Electric CoLtd technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.
Cheryong Electric Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Cheryong, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CheryongCheryong |
Cheryong Electric 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.
Cheryong Electric CoLtd Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Cheryong Electric CoLtd volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Cheryong Electric CoLtd Trend Analysis
Use this graph to draw trend lines for Cheryong Electric CoLtd. You can use it to identify possible trend reversals for Cheryong Electric 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 Cheryong Electric price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Cheryong Electric Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Cheryong Electric CoLtd applied against its price change over selected period. The best fit line has a slop of 41.87 , which may suggest that Cheryong Electric CoLtd market price will keep on failing further. It has 122 observation points and a regression sum of squares at 6.629459172E7, which is the sum of squared deviations for the predicted Cheryong Electric price change compared to its average price change.About Cheryong Electric 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 Cheryong Electric CoLtd 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 Cheryong Electric CoLtd based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Cheryong Electric CoLtd price pattern first instead of the macroeconomic environment surrounding Cheryong Electric CoLtd. By analyzing Cheryong Electric'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 Cheryong Electric'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 Cheryong Electric specific price patterns or momentum indicators. Please read more on our technical analysis page.
Cheryong Electric January 18, 2025 Technical Indicators
Most technical analysis of Cheryong 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 Cheryong from various momentum indicators to cycle indicators. When you analyze Cheryong 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 | 0.0107 | |||
| Market Risk Adjusted Performance | 0.0183 | |||
| Mean Deviation | 3.17 | |||
| Semi Deviation | 4.42 | |||
| Downside Deviation | 4.49 | |||
| Coefficient Of Variation | 32190.94 | |||
| Standard Deviation | 4.38 | |||
| Variance | 19.22 | |||
| Information Ratio | (0) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0083 | |||
| Maximum Drawdown | 25.7 | |||
| Value At Risk | (5.52) | |||
| Potential Upside | 8.11 | |||
| Downside Variance | 20.17 | |||
| Semi Variance | 19.52 | |||
| Expected Short fall | (3.18) | |||
| Skewness | (0.21) | |||
| Kurtosis | 1.98 |
Complementary Tools for Cheryong Stock analysis
When running Cheryong Electric's price analysis, check to measure Cheryong Electric'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 Cheryong Electric is operating at the current time. Most of Cheryong Electric's value examination focuses on studying past and present price action to predict the probability of Cheryong Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cheryong Electric's price. Additionally, you may evaluate how the addition of Cheryong Electric to your portfolios can decrease your overall portfolio volatility.
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