Parkd (Australia) Technical Analysis
| PKD Stock | 0.02 0 4.55% |
As of the 27th of November, Parkd holds the Coefficient Of Variation of (866.47), risk adjusted performance of (0.08), and Variance of 13.16. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Parkd, as well as the relationship between them.
Parkd Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Parkd, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ParkdParkd |
Parkd 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.
Parkd 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 Parkd volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Parkd Trend Analysis
Use this graph to draw trend lines for Parkd. You can use it to identify possible trend reversals for Parkd 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 Parkd price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Parkd Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Parkd applied against its price change over selected period. The best fit line has a slop of 0.000047 , which means Parkd will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Parkd price change compared to its average price change.About Parkd 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 Parkd 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 Parkd based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Parkd price pattern first instead of the macroeconomic environment surrounding Parkd. By analyzing Parkd'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 Parkd'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 Parkd specific price patterns or momentum indicators. Please read more on our technical analysis page.
Parkd November 27, 2024 Technical Indicators
Most technical analysis of Parkd 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 Parkd from various momentum indicators to cycle indicators. When you analyze Parkd 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 | (0.08) | |||
| Market Risk Adjusted Performance | 0.391 | |||
| Mean Deviation | 1.68 | |||
| Coefficient Of Variation | (866.47) | |||
| Standard Deviation | 3.63 | |||
| Variance | 13.16 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.99) | |||
| Treynor Ratio | 0.381 | |||
| Maximum Drawdown | 19.23 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 4.55 | |||
| Skewness | (2.29) | |||
| Kurtosis | 12.15 |
Additional Tools for Parkd Stock Analysis
When running Parkd's price analysis, check to measure Parkd'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 Parkd is operating at the current time. Most of Parkd's value examination focuses on studying past and present price action to predict the probability of Parkd's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Parkd's price. Additionally, you may evaluate how the addition of Parkd to your portfolios can decrease your overall portfolio volatility.