Wonil Special (Korea) Technical Analysis
| 012620 Stock | KRW 8,310 20.00 0.24% |
As of the 19th of April, Wonil Special maintains the Mean Deviation of 0.5168, market risk adjusted performance of 8.41, and Standard Deviation of 0.6955. Wonil Special Steel technical analysis makes it possible for you to employ past prices and volume data with the intention to determine a pattern that calculates the direction of the company's future prices. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to analyze thirteen technical drivers for Wonil Special Steel, which can be compared to its peers. Please check out Wonil Special Steel variance, treynor ratio, and the relationship between the standard deviation and information ratio to decide if Wonil Special Steel is priced fairly, providing market reflects its latest price of 8310.0 per share.
Wonil Special Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Wonil, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WonilWonil |
Wonil Special 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.
Wonil Special Steel Technical Analysis
The output start index for this execution was fifty with a total number of output elements of eleven. 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 Wonil Special Steel volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Wonil Special Steel Trend Analysis
Use this graph to draw trend lines for Wonil Special Steel. You can use it to identify possible trend reversals for Wonil Special 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 Wonil Special price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Wonil Special Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Wonil Special Steel applied against its price change over selected period. The best fit line has a slop of 6.77 , which may suggest that Wonil Special Steel market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1733110.53, which is the sum of squared deviations for the predicted Wonil Special price change compared to its average price change.About Wonil Special 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 Wonil Special Steel 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 Wonil Special Steel based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Wonil Special Steel price pattern first instead of the macroeconomic environment surrounding Wonil Special Steel. By analyzing Wonil Special'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 Wonil Special'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 Wonil Special specific price patterns or momentum indicators. Please read more on our technical analysis page.
Wonil Special April 19, 2024 Technical Indicators
Most technical analysis of Wonil 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 Wonil from various momentum indicators to cycle indicators. When you analyze Wonil 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 | (0.06) | |||
| Market Risk Adjusted Performance | 8.41 | |||
| Mean Deviation | 0.5168 | |||
| Coefficient Of Variation | (962.07) | |||
| Standard Deviation | 0.6955 | |||
| Variance | 0.4837 | |||
| Information Ratio | (0.20) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | 8.4 | |||
| Maximum Drawdown | 4.01 | |||
| Value At Risk | (1.15) | |||
| Potential Upside | 1.04 | |||
| Skewness | (0.12) | |||
| Kurtosis | 1.52 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Wonil Special Steel. 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 Wonil Special Steel information on this page should be used as a complementary analysis to other Wonil Special'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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Wonil Stock analysis
When running Wonil Special's price analysis, check to measure Wonil Special'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 Wonil Special is operating at the current time. Most of Wonil Special's value examination focuses on studying past and present price action to predict the probability of Wonil Special's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wonil Special's price. Additionally, you may evaluate how the addition of Wonil Special to your portfolios can decrease your overall portfolio volatility.
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital |