SK Hynix (Germany) Technical Analysis
| HY9H Stock | 122.00 5.00 4.27% |
As of the 26th of November, SK Hynix owns the Mean Deviation of 2.89, risk adjusted performance of 0.0118, and Downside Deviation of 3.37. SK hynix 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. Please validate SK hynix mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if SK hynix is priced adequately, providing market reflects its prevailing price of 122.0 per share.
SK Hynix Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as HY9H, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HY9HHY9H |
SK Hynix 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 hynix Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 hynix volatility. High ATR values indicate high volatility, and low values indicate low volatility.
SK hynix Trend Analysis
Use this graph to draw trend lines for SK hynix. You can use it to identify possible trend reversals for SK Hynix 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 Hynix price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.SK Hynix Best Fit Change Line
The following chart estimates an ordinary least squares regression model for SK hynix applied against its price change over selected period. The best fit line has a slop of 0.31 , which means SK hynix will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3705.74, which is the sum of squared deviations for the predicted SK Hynix price change compared to its average price change.About SK Hynix 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 hynix 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 hynix based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on SK hynix price pattern first instead of the macroeconomic environment surrounding SK hynix. By analyzing SK Hynix'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 Hynix'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 Hynix specific price patterns or momentum indicators. Please read more on our technical analysis page.
SK Hynix November 26, 2024 Technical Indicators
Most technical analysis of HY9H 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 HY9H from various momentum indicators to cycle indicators. When you analyze HY9H 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 | 0.0118 | |||
| Market Risk Adjusted Performance | 0.0245 | |||
| Mean Deviation | 2.89 | |||
| Semi Deviation | 3.17 | |||
| Downside Deviation | 3.37 | |||
| Coefficient Of Variation | 19835.63 | |||
| Standard Deviation | 3.65 | |||
| Variance | 13.3 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.56) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0145 | |||
| Maximum Drawdown | 19.87 | |||
| Value At Risk | (5.13) | |||
| Potential Upside | 6.15 | |||
| Downside Variance | 11.34 | |||
| Semi Variance | 10.06 | |||
| Expected Short fall | (3.31) | |||
| Skewness | 0.6469 | |||
| Kurtosis | 1.03 |
Complementary Tools for HY9H Stock analysis
When running SK Hynix's price analysis, check to measure SK Hynix'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 Hynix is operating at the current time. Most of SK Hynix's value examination focuses on studying past and present price action to predict the probability of SK Hynix'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 Hynix's price. Additionally, you may evaluate how the addition of SK Hynix to your portfolios can decrease your overall portfolio volatility.
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |