Biotoxtech (Korea) Technical Analysis

086040 Stock  KRW 5,490  110.00  2.04%   
As of the 19th of April, Biotoxtech shows the Standard Deviation of 2.51, risk adjusted performance of (0.03), and Mean Deviation of 1.54. Biotoxtech 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 Biotoxtech Co, which can be compared to its peers. Please confirm Biotoxtech standard deviation, information ratio, maximum drawdown, as well as the relationship between the variance and treynor ratio to decide if Biotoxtech is priced correctly, providing market reflects its regular price of 5490.0 per share.

Biotoxtech Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Biotoxtech, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Biotoxtech
  
Biotoxtech'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.
Biotoxtech 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 Biotoxtech technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Biotoxtech 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...

Biotoxtech Technical Analysis

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The output start index for this execution was fifty with a total number of output elements of eleven. 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 Biotoxtech volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Biotoxtech Trend Analysis

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

Biotoxtech Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Biotoxtech Co applied against its price change over selected period. The best fit line has a slop of   4.5  , which may suggest that Biotoxtech Co market price will keep on failing further. It has 122 observation points and a regression sum of squares at 766665.21, which is the sum of squared deviations for the predicted Biotoxtech price change compared to its average price change.

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

Biotoxtech April 19, 2024 Technical Indicators

Most technical analysis of Biotoxtech 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 Biotoxtech from various momentum indicators to cycle indicators. When you analyze Biotoxtech 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.

Biotoxtech April 19, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Biotoxtech stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Biotoxtech Co. 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 Biotoxtech information on this page should be used as a complementary analysis to other Biotoxtech'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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Complementary Tools for Biotoxtech Stock analysis

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