Star Media (Malaysia) Technical Analysis
| 6084 Stock | 0.41 0.01 2.38% |
As of the 22nd of November, Star Media has the Coefficient Of Variation of (20,365), risk adjusted performance of 0.0029, and Variance of 5.19. Star Media 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. Please validate Star Media Group mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Star Media is priced more or less accurately, providing market reflects its prevalent price of 0.41 per share.
Star Media Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Star, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to StarStar |
Star Media 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.
Star Media Group Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Star Media Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Star Media Group Trend Analysis
Use this graph to draw trend lines for Star Media Group. You can use it to identify possible trend reversals for Star Media 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 Star Media price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Star Media Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Star Media Group applied against its price change over selected period. The best fit line has a slop of 0.0009 , which may suggest that Star Media Group market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.03, which is the sum of squared deviations for the predicted Star Media price change compared to its average price change.About Star Media 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 Star Media Group 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 Star Media Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Star Media Group price pattern first instead of the macroeconomic environment surrounding Star Media Group. By analyzing Star Media'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 Star Media'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 Star Media specific price patterns or momentum indicators. Please read more on our technical analysis page.
Star Media November 22, 2024 Technical Indicators
Most technical analysis of Star 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 Star from various momentum indicators to cycle indicators. When you analyze Star 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 | 0.0029 | |||
| Market Risk Adjusted Performance | (0.06) | |||
| Mean Deviation | 1.53 | |||
| Coefficient Of Variation | (20,365) | |||
| Standard Deviation | 2.28 | |||
| Variance | 5.19 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (0.07) | |||
| Maximum Drawdown | 11.79 | |||
| Value At Risk | (2.44) | |||
| Potential Upside | 4.76 | |||
| Skewness | 0.7375 | |||
| Kurtosis | 0.883 |
Other Information on Investing in Star Stock
Star Media financial ratios help investors to determine whether Star 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 Star with respect to the benefits of owning Star Media security.