Oricom (Korea) Technical Analysis
| 010470 Stock | KRW 7,080 250.00 3.66% |
As of the 19th of April, Oricom holds the Variance of 5.93, coefficient of variation of (555.48), and Risk Adjusted Performance of (0.10). Oricom Inc technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the company's future prices. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to analyze thirteen technical drivers for Oricom Inc, which can be compared to its competitors. Please check Oricom Inc coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if Oricom Inc is priced some-what accurately, providing market reflects its current price of 7080.0 per share.
Oricom Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Oricom, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OricomOricom |
Oricom 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.
Oricom Inc Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Oricom Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Oricom Inc Trend Analysis
Use this graph to draw trend lines for Oricom Inc. You can use it to identify possible trend reversals for Oricom 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 Oricom price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Oricom Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Oricom Inc applied against its price change over selected period. The best fit line has a slop of 30.95 , which may suggest that Oricom Inc market price will keep on failing further. It has 122 observation points and a regression sum of squares at 3.623842479E7, which is the sum of squared deviations for the predicted Oricom price change compared to its average price change.About Oricom 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 Oricom Inc 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 Oricom Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Oricom Inc price pattern first instead of the macroeconomic environment surrounding Oricom Inc. By analyzing Oricom'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 Oricom'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 Oricom specific price patterns or momentum indicators. Please read more on our technical analysis page.
Oricom April 19, 2024 Technical Indicators
Most technical analysis of Oricom 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 Oricom from various momentum indicators to cycle indicators. When you analyze Oricom 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 | (0.10) | |||
| Market Risk Adjusted Performance | 0.9383 | |||
| Mean Deviation | 1.68 | |||
| Coefficient Of Variation | (555.48) | |||
| Standard Deviation | 2.43 | |||
| Variance | 5.93 | |||
| Information Ratio | (0.21) | |||
| Jensen Alpha | (0.42) | |||
| Total Risk Alpha | (0.68) | |||
| Treynor Ratio | 0.9283 | |||
| Maximum Drawdown | 12.94 | |||
| Value At Risk | (4.04) | |||
| Potential Upside | 3.95 | |||
| Skewness | (0.22) | |||
| Kurtosis | 1.86 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Oricom Inc. 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 Oricom Inc information on this page should be used as a complementary analysis to other Oricom'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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Oricom Stock analysis
When running Oricom's price analysis, check to measure Oricom'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 Oricom is operating at the current time. Most of Oricom's value examination focuses on studying past and present price action to predict the probability of Oricom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oricom's price. Additionally, you may evaluate how the addition of Oricom to your portfolios can decrease your overall portfolio volatility.
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