Bokwang Industry (Korea) Technical Analysis

225530 Stock  KRW 5,390  50.00  0.92%   
As of the 16th of April 2024, Bokwang Industry shows the Risk Adjusted Performance of 0.0716, mean deviation of 0.6889, and Downside Deviation of 0.9833. Bokwang Industry 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 nineteen technical drivers for Bokwang Industry Co, which can be compared to its peers. Please confirm Bokwang Industry mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Bokwang Industry is priced correctly, providing market reflects its regular price of 5390.0 per share.

Bokwang Industry Momentum Analysis

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

Bokwang Industry Technical Analysis

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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 Bokwang Industry volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Bokwang Industry Trend Analysis

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

Bokwang Industry Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Bokwang Industry Co applied against its price change over selected period. The best fit line has a slop of   9.22  , which means Bokwang Industry Co will continue producing value for investors. It has 122 observation points and a regression sum of squares at 3214641.52, which is the sum of squared deviations for the predicted Bokwang Industry price change compared to its average price change.

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

Bokwang Industry April 16, 2024 Technical Indicators

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

Bokwang Industry April 16, 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 Bokwang 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 Bokwang Industry 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 Bokwang Industry information on this page should be used as a complementary analysis to other Bokwang Industry'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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Complementary Tools for Bokwang Stock analysis

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