INITECH (Korea) Technical Analysis
053350 Stock | KRW 3,520 110.00 3.03% |
As of the 2nd of May, INITECH retains the Market Risk Adjusted Performance of 0.3904, semi deviation of 2.1, and Risk Adjusted Performance of 0.0637. INITECH technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze nineteen technical drivers for INITECH, which can be compared to its competitors. Please check out INITECH semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation to decide if INITECH is priced fairly, providing market reflects its last-minute price of 3520.0 per share.
INITECH Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as INITECH, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to INITECHINITECH |
INITECH 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.
INITECH Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 INITECH volatility. High ATR values indicate high volatility, and low values indicate low volatility.
INITECH Trend Analysis
Use this graph to draw trend lines for INITECH Co. You can use it to identify possible trend reversals for INITECH 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 INITECH price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.INITECH Best Fit Change Line
The following chart estimates an ordinary least squares regression model for INITECH Co applied against its price change over selected period. The best fit line has a slop of 3.19 , which means INITECH Co will continue producing value for investors. It has 122 observation points and a regression sum of squares at 384249.14, which is the sum of squared deviations for the predicted INITECH price change compared to its average price change.About INITECH 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 INITECH 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 INITECH Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on INITECH price pattern first instead of the macroeconomic environment surrounding INITECH. By analyzing INITECH'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 INITECH'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 INITECH specific price patterns or momentum indicators. Please read more on our technical analysis page.
INITECH May 2, 2024 Technical Indicators
Most technical analysis of INITECH 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 INITECH from various momentum indicators to cycle indicators. When you analyze INITECH 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 | 0.0637 | |||
Market Risk Adjusted Performance | 0.3904 | |||
Mean Deviation | 1.55 | |||
Semi Deviation | 2.1 | |||
Downside Deviation | 2.34 | |||
Coefficient Of Variation | 1132.11 | |||
Standard Deviation | 2.16 | |||
Variance | 4.66 | |||
Information Ratio | 0.0608 | |||
Jensen Alpha | 0.1572 | |||
Total Risk Alpha | 0.0143 | |||
Sortino Ratio | 0.056 | |||
Treynor Ratio | 0.3804 | |||
Maximum Drawdown | 10.57 | |||
Value At Risk | (4.06) | |||
Potential Upside | 3.42 | |||
Downside Variance | 5.49 | |||
Semi Variance | 4.41 | |||
Expected Short fall | (1.53) | |||
Skewness | (0.13) | |||
Kurtosis | 1.66 |
INITECH May 2, 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 INITECH 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.
Accumulation Distribution | 325.03 | ||
Daily Balance Of Power | (1.10) | ||
Rate Of Daily Change | 0.97 | ||
Day Median Price | 3,550 | ||
Day Typical Price | 3,540 | ||
Price Action Indicator | (85.00) | ||
Market Facilitation Index | 0.01 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in INITECH 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 INITECH information on this page should be used as a complementary analysis to other INITECH'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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for INITECH Stock analysis
When running INITECH's price analysis, check to measure INITECH'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 INITECH is operating at the current time. Most of INITECH's value examination focuses on studying past and present price action to predict the probability of INITECH's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move INITECH's price. Additionally, you may evaluate how the addition of INITECH to your portfolios can decrease your overall portfolio volatility.
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