Mgame Corp (Korea) Technical Analysis
058630 Stock | 5,220 470.00 8.26% |
As of the 24th of November, Mgame Corp secures the Risk Adjusted Performance of (0.01), mean deviation of 2.13, and Standard Deviation of 3.29. Mgame Corp technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices.
Mgame Corp Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Mgame, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MgameMgame |
Mgame Corp 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.
Mgame Corp Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Mgame Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Mgame Corp Trend Analysis
Use this graph to draw trend lines for Mgame Corp. You can use it to identify possible trend reversals for Mgame Corp 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 Mgame Corp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Mgame Corp Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Mgame Corp applied against its price change over selected period. The best fit line has a slop of 9.00 , which means Mgame Corp will continue producing value for investors. It has 122 observation points and a regression sum of squares at 3065580.38, which is the sum of squared deviations for the predicted Mgame Corp price change compared to its average price change.About Mgame Corp 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 Mgame Corp 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 Mgame Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Mgame Corp price pattern first instead of the macroeconomic environment surrounding Mgame Corp. By analyzing Mgame Corp'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 Mgame Corp'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 Mgame Corp specific price patterns or momentum indicators. Please read more on our technical analysis page.
Mgame Corp November 24, 2024 Technical Indicators
Most technical analysis of Mgame 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 Mgame from various momentum indicators to cycle indicators. When you analyze Mgame 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 | 0.0899 | |||
Mean Deviation | 2.13 | |||
Coefficient Of Variation | (3,450) | |||
Standard Deviation | 3.29 | |||
Variance | 10.85 | |||
Information Ratio | (0.07) | |||
Jensen Alpha | 0.0539 | |||
Total Risk Alpha | (0.62) | |||
Treynor Ratio | 0.0799 | |||
Maximum Drawdown | 21.68 | |||
Value At Risk | (5.04) | |||
Potential Upside | 3.83 | |||
Skewness | (2.06) | |||
Kurtosis | 8.11 |
Complementary Tools for Mgame Stock analysis
When running Mgame Corp's price analysis, check to measure Mgame Corp'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 Mgame Corp is operating at the current time. Most of Mgame Corp's value examination focuses on studying past and present price action to predict the probability of Mgame Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mgame Corp's price. Additionally, you may evaluate how the addition of Mgame Corp to your portfolios can decrease your overall portfolio volatility.
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