Seojin Automotive (Korea) Technical Analysis
122690 Stock | KRW 1,981 49.00 2.41% |
As of the 30th of November, Seojin Automotive has the Variance of 2.65, risk adjusted performance of (0.18), and Coefficient Of Variation of (403.05). Seojin Automotive 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.
Seojin Automotive Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Seojin, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SeojinSeojin |
Seojin Automotive 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.
Seojin Automotive CoLtd Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Seojin Automotive CoLtd volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Seojin Automotive CoLtd Trend Analysis
Use this graph to draw trend lines for Seojin Automotive CoLtd. You can use it to identify possible trend reversals for Seojin Automotive 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 Seojin Automotive price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Seojin Automotive Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Seojin Automotive CoLtd applied against its price change over selected period. The best fit line has a slop of 9.29 , which may suggest that Seojin Automotive CoLtd market price will keep on failing further. It has 122 observation points and a regression sum of squares at 3265474.18, which is the sum of squared deviations for the predicted Seojin Automotive price change compared to its average price change.About Seojin Automotive 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 Seojin Automotive 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 Seojin Automotive CoLtd based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Seojin Automotive CoLtd price pattern first instead of the macroeconomic environment surrounding Seojin Automotive CoLtd. By analyzing Seojin Automotive'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 Seojin Automotive'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 Seojin Automotive specific price patterns or momentum indicators. Please read more on our technical analysis page.
Seojin Automotive November 30, 2024 Technical Indicators
Most technical analysis of Seojin 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 Seojin from various momentum indicators to cycle indicators. When you analyze Seojin 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 | (0.18) | |||
Market Risk Adjusted Performance | (2.27) | |||
Mean Deviation | 1.12 | |||
Coefficient Of Variation | (403.05) | |||
Standard Deviation | 1.63 | |||
Variance | 2.65 | |||
Information Ratio | (0.33) | |||
Jensen Alpha | (0.44) | |||
Total Risk Alpha | (0.69) | |||
Treynor Ratio | (2.28) | |||
Maximum Drawdown | 10.41 | |||
Value At Risk | (2.90) | |||
Potential Upside | 2.05 | |||
Skewness | (0.21) | |||
Kurtosis | 2.46 |
Seojin Automotive November 30, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Seojin stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 171.23 | ||
Daily Balance Of Power | (1.00) | ||
Rate Of Daily Change | 0.98 | ||
Day Median Price | 2,006 | ||
Day Typical Price | 1,997 | ||
Price Action Indicator | (49.00) | ||
Market Facilitation Index | 0.01 |
Complementary Tools for Seojin Stock analysis
When running Seojin Automotive's price analysis, check to measure Seojin Automotive'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 Seojin Automotive is operating at the current time. Most of Seojin Automotive's value examination focuses on studying past and present price action to predict the probability of Seojin Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Seojin Automotive's price. Additionally, you may evaluate how the addition of Seojin Automotive to your portfolios can decrease your overall portfolio volatility.
Global Correlations Find global opportunities by holding instruments from different markets | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences |