Salim Ivomas (Indonesia) Technical Analysis
| SIMP Stock | IDR 366.00 8.00 2.14% |
As of the 20th of April, Salim Ivomas has the Risk Adjusted Performance of (0.04), variance of 0.7377, and Coefficient Of Variation of (1,614). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Salim Ivomas Pratama, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Salim Ivomas Pratama, which can be compared to its competition. Please validate Salim Ivomas Pratama value at risk, skewness, and the relationship between the maximum drawdown and potential upside to decide if Salim Ivomas is priced more or less accurately, providing market reflects its prevalent price of 366.0 per share.
Salim Ivomas Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Salim, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SalimSalim |
Salim Ivomas 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.
Salim Ivomas Pratama Technical Analysis
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 Salim Ivomas Pratama volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Salim Ivomas Pratama Trend Analysis
Use this graph to draw trend lines for Salim Ivomas Pratama. You can use it to identify possible trend reversals for Salim Ivomas 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 Salim Ivomas price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Salim Ivomas Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Salim Ivomas Pratama applied against its price change over selected period. The best fit line has a slop of 0.21 , which means Salim Ivomas Pratama will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1666.94, which is the sum of squared deviations for the predicted Salim Ivomas price change compared to its average price change.About Salim Ivomas 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 Salim Ivomas Pratama 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 Salim Ivomas Pratama based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Salim Ivomas Pratama price pattern first instead of the macroeconomic environment surrounding Salim Ivomas Pratama. By analyzing Salim Ivomas'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 Salim Ivomas'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 Salim Ivomas specific price patterns or momentum indicators. Please read more on our technical analysis page.
Salim Ivomas April 20, 2024 Technical Indicators
Most technical analysis of Salim 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 Salim from various momentum indicators to cycle indicators. When you analyze Salim 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | 0.404 | |||
| Mean Deviation | 0.6362 | |||
| Coefficient Of Variation | (1,614) | |||
| Standard Deviation | 0.8589 | |||
| Variance | 0.7377 | |||
| Information Ratio | (0.16) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | 0.394 | |||
| Maximum Drawdown | 3.8 | |||
| Value At Risk | (1.10) | |||
| Potential Upside | 1.62 | |||
| Skewness | 0.4025 | |||
| Kurtosis | 0.7352 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Salim Ivomas Pratama. 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for Salim Stock analysis
When running Salim Ivomas' price analysis, check to measure Salim Ivomas' 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 Salim Ivomas is operating at the current time. Most of Salim Ivomas' value examination focuses on studying past and present price action to predict the probability of Salim Ivomas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Salim Ivomas' price. Additionally, you may evaluate how the addition of Salim Ivomas to your portfolios can decrease your overall portfolio volatility.
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