Zjk Industrial Co, Stock Technical Analysis
| ZJK Stock | 5.39 0.09 1.70% |
As of the 22nd of November, ZJK Industrial maintains the Mean Deviation of 6.29, downside deviation of 8.34, and Risk Adjusted Performance of 0.0595. Compared to fundamental indicators, the technical analysis model lets you check practical technical drivers of ZJK Industrial Co,, as well as the relationship between them.
ZJK Industrial Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ZJK, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ZJKZJK |
ZJK Industrial 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.
ZJK Industrial Co, Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of four. 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 ZJK Industrial Co, volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ZJK Industrial Co, Trend Analysis
Use this graph to draw trend lines for ZJK Industrial Co,. You can use it to identify possible trend reversals for ZJK Industrial 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 ZJK Industrial price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ZJK Industrial Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ZJK Industrial Co, applied against its price change over selected period. The best fit line has a slop of 0.001 , which may imply that ZJK Industrial Co, will maintain its good market sentiment and make money for investors. It has 80 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted ZJK Industrial price change compared to its average price change.About ZJK Industrial 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 ZJK Industrial Co, 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 ZJK Industrial Co, based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ZJK Industrial Co, price pattern first instead of the macroeconomic environment surrounding ZJK Industrial Co,. By analyzing ZJK Industrial'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 ZJK Industrial'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 ZJK Industrial specific price patterns or momentum indicators. Please read more on our technical analysis page.
ZJK Industrial November 22, 2024 Technical Indicators
Most technical analysis of ZJK 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 ZJK from various momentum indicators to cycle indicators. When you analyze ZJK 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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| Overlap Studies | ||
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| Volume Indicators |
| Risk Adjusted Performance | 0.0595 | |||
| Market Risk Adjusted Performance | (0.53) | |||
| Mean Deviation | 6.29 | |||
| Semi Deviation | 7.54 | |||
| Downside Deviation | 8.34 | |||
| Coefficient Of Variation | 1516.01 | |||
| Standard Deviation | 9.71 | |||
| Variance | 94.2 | |||
| Information Ratio | 0.0547 | |||
| Jensen Alpha | 0.7459 | |||
| Total Risk Alpha | (0.64) | |||
| Sortino Ratio | 0.0636 | |||
| Treynor Ratio | (0.54) | |||
| Maximum Drawdown | 63.65 | |||
| Value At Risk | (11.40) | |||
| Potential Upside | 15.63 | |||
| Downside Variance | 69.62 | |||
| Semi Variance | 56.86 | |||
| Expected Short fall | (7.82) | |||
| Skewness | 0.7747 | |||
| Kurtosis | 5.02 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZJK Industrial Co,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Construction Materials space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ZJK Industrial. If investors know ZJK will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ZJK Industrial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of ZJK Industrial Co, is measured differently than its book value, which is the value of ZJK that is recorded on the company's balance sheet. Investors also form their own opinion of ZJK Industrial's value that differs from its market value or its book value, called intrinsic value, which is ZJK Industrial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ZJK Industrial's market value can be influenced by many factors that don't directly affect ZJK Industrial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ZJK Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if ZJK Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZJK Industrial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.