Smartfren Telecom (Indonesia) Technical Analysis
| FREN Stock | IDR 25.00 1.00 3.85% |
As of the 25th of November, Smartfren Telecom has the Coefficient Of Variation of (1,626), variance of 12.22, and Risk Adjusted Performance of (0.04). Smartfren Telecom 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.
Smartfren Telecom Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Smartfren, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SmartfrenSmartfren |
Smartfren Telecom 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.
Smartfren Telecom Tbk 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 Smartfren Telecom Tbk volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Smartfren Telecom Tbk Trend Analysis
Use this graph to draw trend lines for Smartfren Telecom Tbk. You can use it to identify possible trend reversals for Smartfren Telecom 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 Smartfren Telecom price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Smartfren Telecom Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Smartfren Telecom Tbk applied against its price change over selected period. The best fit line has a slop of 0.1 , which may suggest that Smartfren Telecom Tbk market price will keep on failing further. It has 122 observation points and a regression sum of squares at 351.49, which is the sum of squared deviations for the predicted Smartfren Telecom price change compared to its average price change.About Smartfren Telecom 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 Smartfren Telecom Tbk 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 Smartfren Telecom Tbk based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Smartfren Telecom Tbk price pattern first instead of the macroeconomic environment surrounding Smartfren Telecom Tbk. By analyzing Smartfren Telecom'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 Smartfren Telecom'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 Smartfren Telecom specific price patterns or momentum indicators. Please read more on our technical analysis page.
Smartfren Telecom November 25, 2024 Technical Indicators
Most technical analysis of Smartfren 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 Smartfren from various momentum indicators to cycle indicators. When you analyze Smartfren 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 | (0.04) | |||
| Market Risk Adjusted Performance | 0.5952 | |||
| Mean Deviation | 2.5 | |||
| Coefficient Of Variation | (1,626) | |||
| Standard Deviation | 3.5 | |||
| Variance | 12.22 | |||
| Information Ratio | (0.1) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.78) | |||
| Treynor Ratio | 0.5852 | |||
| Maximum Drawdown | 15.14 | |||
| Value At Risk | (7.14) | |||
| Potential Upside | 4.0 | |||
| Skewness | (0.33) | |||
| Kurtosis | 0.5606 |
Other Information on Investing in Smartfren Stock
Smartfren Telecom financial ratios help investors to determine whether Smartfren 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 Smartfren with respect to the benefits of owning Smartfren Telecom security.