JAKS Resources (Malaysia) Technical Analysis
| 4723 Stock | 0.13 0.01 7.14% |
As of the 28th of November, JAKS Resources retains the coefficient of variation of (2,909), and Standard Deviation of 4.0. JAKS Resources technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices. Please check out JAKS Resources Bhd variance, treynor ratio, and the relationship between the standard deviation and information ratio to decide if JAKS Resources is priced more or less accurately, providing market reflects its last-minute price of 0.13 per share.
JAKS Resources Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as JAKS, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to JAKSJAKS |
JAKS Resources 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.
JAKS Resources Bhd Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-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 JAKS Resources Bhd volatility. High ATR values indicate high volatility, and low values indicate low volatility.
JAKS Resources Bhd Trend Analysis
Use this graph to draw trend lines for JAKS Resources Bhd. You can use it to identify possible trend reversals for JAKS Resources 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 JAKS Resources price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.JAKS Resources Best Fit Change Line
The following chart estimates an ordinary least squares regression model for JAKS Resources Bhd applied against its price change over selected period. The best fit line has a slop of 0.0002 , which may suggest that JAKS Resources Bhd market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted JAKS Resources price change compared to its average price change.About JAKS Resources 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 JAKS Resources Bhd 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 JAKS Resources Bhd based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on JAKS Resources Bhd price pattern first instead of the macroeconomic environment surrounding JAKS Resources Bhd. By analyzing JAKS Resources'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 JAKS Resources'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 JAKS Resources specific price patterns or momentum indicators. Please read more on our technical analysis page.
JAKS Resources November 28, 2024 Technical Indicators
Most technical analysis of JAKS 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 JAKS from various momentum indicators to cycle indicators. When you analyze JAKS 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 | (0.02) | |||
| Market Risk Adjusted Performance | 4.09 | |||
| Mean Deviation | 2.28 | |||
| Coefficient Of Variation | (2,909) | |||
| Standard Deviation | 4.0 | |||
| Variance | 16.03 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.78) | |||
| Treynor Ratio | 4.08 | |||
| Maximum Drawdown | 14.84 | |||
| Value At Risk | (7.14) | |||
| Potential Upside | 7.69 | |||
| Skewness | 0.1282 | |||
| Kurtosis | 0.4762 |
Other Information on Investing in JAKS Stock
JAKS Resources financial ratios help investors to determine whether JAKS Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in JAKS with respect to the benefits of owning JAKS Resources security.