Bank Woori (Indonesia) Technical Analysis

SDRA Stock  IDR 550.00  0.00  0.00%   
As of the 19th of April, Bank Woori shows the Downside Deviation of 1.65, risk adjusted performance of 0.0235, and Mean Deviation of 0.9631. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Bank Woori, as well as the relationship between them. 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 Bank Woori Saudara, which can be compared to its peers. Please confirm Bank Woori Saudara information ratio, treynor ratio, value at risk, as well as the relationship between the jensen alpha and maximum drawdown to decide if Bank Woori Saudara is priced correctly, providing market reflects its regular price of 550.0 per share.

Bank Woori Momentum Analysis

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

Bank Woori Saudara Technical Analysis

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Bank Woori Saudara Trend Analysis

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

Bank Woori Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Bank Woori Saudara applied against its price change over selected period. The best fit line has a slop of   0.48  , which may suggest that Bank Woori Saudara market price will keep on failing further. It has 122 observation points and a regression sum of squares at 8656.3, which is the sum of squared deviations for the predicted Bank Woori price change compared to its average price change.

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

Bank Woori April 19, 2024 Technical Indicators

Most technical analysis of Bank 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 Bank from various momentum indicators to cycle indicators. When you analyze Bank 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 World Market Map 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Complementary Tools for Bank Stock analysis

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