Indo Oil (Indonesia) Technical Analysis
| OILS Stock | 98.00 1.00 1.01% |
As of the 24th of November, Indo Oil retains the Standard Deviation of 1.99, market risk adjusted performance of 0.3169, and Risk Adjusted Performance of (0.04). Concerning fundamental indicators, the technical analysis model lets you check existing technical drivers of Indo Oil Perkasa, as well as the relationship between them.
Indo Oil Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Indo, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to IndoIndo |
Indo Oil 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.
Indo Oil Perkasa 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 Indo Oil Perkasa volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Indo Oil Perkasa Trend Analysis
Use this graph to draw trend lines for Indo Oil Perkasa. You can use it to identify possible trend reversals for Indo Oil 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 Indo Oil price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Indo Oil Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Indo Oil Perkasa applied against its price change over selected period. The best fit line has a slop of 0.09 , which may suggest that Indo Oil Perkasa market price will keep on failing further. It has 122 observation points and a regression sum of squares at 309.99, which is the sum of squared deviations for the predicted Indo Oil price change compared to its average price change.About Indo Oil 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 Indo Oil Perkasa 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 Indo Oil Perkasa based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Indo Oil Perkasa price pattern first instead of the macroeconomic environment surrounding Indo Oil Perkasa. By analyzing Indo Oil'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 Indo Oil'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 Indo Oil specific price patterns or momentum indicators. Please read more on our technical analysis page.
Indo Oil November 24, 2024 Technical Indicators
Most technical analysis of Indo 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 Indo from various momentum indicators to cycle indicators. When you analyze Indo 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.
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| 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 | 0.3169 | |||
| Mean Deviation | 1.22 | |||
| Coefficient Of Variation | (1,762) | |||
| Standard Deviation | 1.99 | |||
| Variance | 3.98 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | 0.3069 | |||
| Maximum Drawdown | 17.26 | |||
| Value At Risk | (2.83) | |||
| Potential Upside | 2.68 | |||
| Skewness | (0.70) | |||
| Kurtosis | 9.96 |
Other Information on Investing in Indo Stock
Indo Oil financial ratios help investors to determine whether Indo 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 Indo with respect to the benefits of owning Indo Oil security.