Resource Alam (Indonesia) Technical Analysis
| KKGI Stock | IDR 525.00 10.00 1.87% |
As of the 25th of November, Resource Alam holds the Variance of 5.03, coefficient of variation of (1,263), and Risk Adjusted Performance of (0.05). Resource Alam Indonesia technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the company's future prices.
Resource Alam Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Resource, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ResourceResource |
Resource Alam 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.
Resource Alam Indonesia 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 Resource Alam Indonesia volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Resource Alam Indonesia Trend Analysis
Use this graph to draw trend lines for Resource Alam Indonesia. You can use it to identify possible trend reversals for Resource Alam 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 Resource Alam price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Resource Alam Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Resource Alam Indonesia applied against its price change over selected period. The best fit line has a slop of 1.34 , which may suggest that Resource Alam Indonesia market price will keep on failing further. It has 122 observation points and a regression sum of squares at 67431.25, which is the sum of squared deviations for the predicted Resource Alam price change compared to its average price change.About Resource Alam 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 Resource Alam Indonesia 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 Resource Alam Indonesia based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Resource Alam Indonesia price pattern first instead of the macroeconomic environment surrounding Resource Alam Indonesia. By analyzing Resource Alam'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 Resource Alam'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 Resource Alam specific price patterns or momentum indicators. Please read more on our technical analysis page.
Resource Alam November 25, 2024 Technical Indicators
Most technical analysis of Resource 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 Resource from various momentum indicators to cycle indicators. When you analyze Resource 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 | (0.05) | |||
| Market Risk Adjusted Performance | (0.27) | |||
| Mean Deviation | 1.57 | |||
| Coefficient Of Variation | (1,263) | |||
| Standard Deviation | 2.24 | |||
| Variance | 5.03 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | (0.28) | |||
| Maximum Drawdown | 12.45 | |||
| Value At Risk | (4.17) | |||
| Potential Upside | 3.39 | |||
| Skewness | 0.8858 | |||
| Kurtosis | 2.8 |
Other Information on Investing in Resource Stock
Resource Alam financial ratios help investors to determine whether Resource 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 Resource with respect to the benefits of owning Resource Alam security.