Advanced Digital (Korea) Technical Analysis

054630 Stock  KRW 148.00  2.00  1.37%   
As of the 29th of March, Advanced Digital shows the Mean Deviation of 2.42, risk adjusted performance of (0.11), and Standard Deviation of 4.77. Advanced Digital Chips technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze thirteen technical drivers for Advanced Digital Chips, which can be compared to its rivals. Please confirm Advanced Digital Chips information ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk to decide if Advanced Digital Chips is priced correctly, providing market reflects its regular price of 148.0 per share.

Advanced Digital Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Advanced, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Advanced
  
Advanced Digital's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Advanced Digital 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.
A focus of Advanced Digital technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Advanced Digital trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Advanced Digital Chips Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Advanced Digital Chips volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Advanced Digital Chips Trend Analysis

Use this graph to draw trend lines for Advanced Digital Chips. You can use it to identify possible trend reversals for Advanced Digital 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 Advanced Digital price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Advanced Digital Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Advanced Digital Chips applied against its price change over selected period. The best fit line has a slop of   1.9  , which may suggest that Advanced Digital Chips market price will keep on failing further. It has 122 observation points and a regression sum of squares at 136940.91, which is the sum of squared deviations for the predicted Advanced Digital price change compared to its average price change.

About Advanced Digital 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 Advanced Digital Chips 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 Advanced Digital Chips based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Advanced Digital Chips price pattern first instead of the macroeconomic environment surrounding Advanced Digital Chips. By analyzing Advanced Digital'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 Advanced Digital'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 Advanced Digital specific price patterns or momentum indicators. Please read more on our technical analysis page.

Advanced Digital March 29, 2024 Technical Indicators

Most technical analysis of Advanced 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 Advanced from various momentum indicators to cycle indicators. When you analyze Advanced 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advanced Digital Chips. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Advanced Digital Chips information on this page should be used as a complementary analysis to other Advanced Digital's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

Complementary Tools for Advanced Stock analysis

When running Advanced Digital's price analysis, check to measure Advanced Digital'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 Advanced Digital is operating at the current time. Most of Advanced Digital's value examination focuses on studying past and present price action to predict the probability of Advanced Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advanced Digital's price. Additionally, you may evaluate how the addition of Advanced Digital to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Advanced Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Advanced Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advanced Digital'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.