Akr Corporindo (Indonesia) Technical Analysis

AKRA Stock  IDR 1,790  25.00  1.38%   
As of the 18th of April 2024, Akr Corporindo shows the Downside Deviation of 1.47, risk adjusted performance of 0.1307, and Mean Deviation of 1.11. Akr Corporindo Tbk 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 interpolate nineteen technical drivers for Akr Corporindo Tbk, which can be compared to its peers. Please confirm Akr Corporindo Tbk jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if Akr Corporindo Tbk is priced correctly, providing market reflects its regular price of 1790.0 per share.

Akr Corporindo Momentum Analysis

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

Akr Corporindo Tbk Technical Analysis

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Akr Corporindo Tbk Trend Analysis

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

Akr Corporindo Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Akr Corporindo Tbk applied against its price change over selected period. The best fit line has a slop of   3.75  , which means Akr Corporindo Tbk will continue producing value for investors. It has 122 observation points and a regression sum of squares at 530681.89, which is the sum of squared deviations for the predicted Akr Corporindo price change compared to its average price change.

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

Akr Corporindo April 18, 2024 Technical Indicators

Most technical analysis of Akr 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 Akr from various momentum indicators to cycle indicators. When you analyze Akr 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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Akr Stock analysis

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