Asahi Kasei Stock Technical Analysis
AHKSFDelisted Stock | USD 7.60 0.00 0.00% |
As of the 23rd of November, Asahi Kasei shows the risk adjusted performance of 0.1108, and Mean Deviation of 0.8974. Asahi Kasei technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Asahi Kasei information ratio, and the relationship between the downside deviation and value at risk to decide if Asahi Kasei is priced correctly, providing market reflects its regular price of 7.6 per share. Given that Asahi Kasei has jensen alpha of 0.2465, we suggest you to validate Asahi Kasei's prevailing market performance to make sure the company can sustain itself at a future point.
Asahi Kasei Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Asahi, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AsahiAsahi |
Asahi Kasei technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Asahi Kasei Technical Analysis
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Asahi Kasei Trend Analysis
Use this graph to draw trend lines for Asahi Kasei. You can use it to identify possible trend reversals for Asahi Kasei 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 Asahi Kasei price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Asahi Kasei Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Asahi Kasei applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Asahi Kasei will continue generating value for investors. It has 122 observation points and a regression sum of squares at 7.86, which is the sum of squared deviations for the predicted Asahi Kasei price change compared to its average price change.About Asahi Kasei 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 Asahi Kasei 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 Asahi Kasei based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Asahi Kasei price pattern first instead of the macroeconomic environment surrounding Asahi Kasei. By analyzing Asahi Kasei'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 Asahi Kasei'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 Asahi Kasei specific price patterns or momentum indicators. Please read more on our technical analysis page.
Asahi Kasei November 23, 2024 Technical Indicators
Most technical analysis of Asahi 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 Asahi from various momentum indicators to cycle indicators. When you analyze Asahi 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 | 0.1108 | |||
Market Risk Adjusted Performance | 2.94 | |||
Mean Deviation | 0.8974 | |||
Semi Deviation | 0.7048 | |||
Downside Deviation | 2.99 | |||
Coefficient Of Variation | 732.14 | |||
Standard Deviation | 1.96 | |||
Variance | 3.82 | |||
Information Ratio | 0.0697 | |||
Jensen Alpha | 0.2465 | |||
Total Risk Alpha | (0.05) | |||
Sortino Ratio | 0.0456 | |||
Treynor Ratio | 2.93 | |||
Maximum Drawdown | 11.88 | |||
Value At Risk | (1.57) | |||
Potential Upside | 3.29 | |||
Downside Variance | 8.91 | |||
Semi Variance | 0.4967 | |||
Expected Short fall | (4.50) | |||
Skewness | 2.86 | |||
Kurtosis | 14.31 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Other Consideration for investing in Asahi Pink Sheet
If you are still planning to invest in Asahi Kasei check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Asahi Kasei's history and understand the potential risks before investing.
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