Elentec (Korea) Technical Analysis
| 054210 Stock | KRW 5,070 10.00 0.20% |
As of the 17th of November 2024, Elentec shows the Mean Deviation of 2.16, variance of 9.02, and Standard Deviation of 3.0. Elentec technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.
Elentec Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Elentec, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ElentecElentec |
Elentec 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.
Elentec Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-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 Elentec volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Elentec Trend Analysis
Use this graph to draw trend lines for Elentec Co. You can use it to identify possible trend reversals for Elentec 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 Elentec price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Elentec Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Elentec Co applied against its price change over selected period. The best fit line has a slop of 24.32 , which may suggest that Elentec Co market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2.236996404E7, which is the sum of squared deviations for the predicted Elentec price change compared to its average price change.About Elentec 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 Elentec 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 Elentec Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Elentec price pattern first instead of the macroeconomic environment surrounding Elentec. By analyzing Elentec'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 Elentec'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 Elentec specific price patterns or momentum indicators. Please read more on our technical analysis page.
Elentec November 17, 2024 Technical Indicators
Most technical analysis of Elentec 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 Elentec from various momentum indicators to cycle indicators. When you analyze Elentec 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 | (0.07) | |||
| Market Risk Adjusted Performance | 0.458 | |||
| Mean Deviation | 2.16 | |||
| Coefficient Of Variation | (931.02) | |||
| Standard Deviation | 3.0 | |||
| Variance | 9.02 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.72) | |||
| Treynor Ratio | 0.448 | |||
| Maximum Drawdown | 17.46 | |||
| Value At Risk | (5.19) | |||
| Potential Upside | 4.46 | |||
| Skewness | 0.8697 | |||
| Kurtosis | 2.5 |
Complementary Tools for Elentec Stock analysis
When running Elentec's price analysis, check to measure Elentec'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 Elentec is operating at the current time. Most of Elentec's value examination focuses on studying past and present price action to predict the probability of Elentec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elentec's price. Additionally, you may evaluate how the addition of Elentec to your portfolios can decrease your overall portfolio volatility.
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities |