SK Bioscience (Korea) Technical Analysis
| 302440 Stock | 47,850 650.00 1.34% |
As of the 23rd of November, SK Bioscience owns the Risk Adjusted Performance of (0.08), mean deviation of 1.82, and Standard Deviation of 2.43. SK Bioscience Co technical analysis provides you with a way to harness past data patterns to determine a pattern that measures the direction of the company's future prices.
SK Bioscience Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as 302440, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to 302440302440 |
SK Bioscience 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.
SK Bioscience 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 SK Bioscience volatility. High ATR values indicate high volatility, and low values indicate low volatility.
SK Bioscience Trend Analysis
Use this graph to draw trend lines for SK Bioscience Co. You can use it to identify possible trend reversals for SK Bioscience 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 SK Bioscience price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.SK Bioscience Best Fit Change Line
The following chart estimates an ordinary least squares regression model for SK Bioscience Co applied against its price change over selected period. The best fit line has a slop of 114.21 , which may suggest that SK Bioscience Co market price will keep on failing further. It has 122 observation points and a regression sum of squares at 4.9336182337E8, which is the sum of squared deviations for the predicted SK Bioscience price change compared to its average price change.About SK Bioscience 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 SK Bioscience 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 SK Bioscience Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on SK Bioscience price pattern first instead of the macroeconomic environment surrounding SK Bioscience. By analyzing SK Bioscience'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 SK Bioscience'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 SK Bioscience specific price patterns or momentum indicators. Please read more on our technical analysis page.
SK Bioscience November 23, 2024 Technical Indicators
Most technical analysis of 302440 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 302440 from various momentum indicators to cycle indicators. When you analyze 302440 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 | (0.08) | |||
| Market Risk Adjusted Performance | 2.65 | |||
| Mean Deviation | 1.82 | |||
| Coefficient Of Variation | (920.86) | |||
| Standard Deviation | 2.43 | |||
| Variance | 5.93 | |||
| Information Ratio | (0.16) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.66) | |||
| Treynor Ratio | 2.64 | |||
| Maximum Drawdown | 12.17 | |||
| Value At Risk | (3.79) | |||
| Potential Upside | 3.23 | |||
| Skewness | 0.0587 | |||
| Kurtosis | 1.26 |
Complementary Tools for 302440 Stock analysis
When running SK Bioscience's price analysis, check to measure SK Bioscience'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 SK Bioscience is operating at the current time. Most of SK Bioscience's value examination focuses on studying past and present price action to predict the probability of SK Bioscience's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SK Bioscience's price. Additionally, you may evaluate how the addition of SK Bioscience to your portfolios can decrease your overall portfolio volatility.
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