Wonik Holdings (Korea) Technical Analysis
030530 Stock | KRW 3,510 30.00 0.86% |
As of the 26th of April, Wonik Holdings maintains the Market Risk Adjusted Performance of 0.1563, downside deviation of 2.43, and Mean Deviation of 2.38. Wonik Holdings 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 nineteen technical drivers for Wonik Holdings, which can be compared to its peers. Please check out Wonik Holdings coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if Wonik Holdings is priced fairly, providing market reflects its latest price of 3510.0 per share.
Wonik Holdings Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Wonik, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WonikWonik |
Wonik Holdings 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.
Wonik Holdings Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Wonik Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Wonik Holdings Trend Analysis
Use this graph to draw trend lines for Wonik Holdings Co. You can use it to identify possible trend reversals for Wonik Holdings 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 Wonik Holdings price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Wonik Holdings Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Wonik Holdings Co applied against its price change over selected period. The best fit line has a slop of 8.51 , which may suggest that Wonik Holdings Co market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2736066.17, which is the sum of squared deviations for the predicted Wonik Holdings price change compared to its average price change.About Wonik Holdings 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 Wonik Holdings 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 Wonik Holdings Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Wonik Holdings price pattern first instead of the macroeconomic environment surrounding Wonik Holdings. By analyzing Wonik Holdings'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 Wonik Holdings'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 Wonik Holdings specific price patterns or momentum indicators. Please read more on our technical analysis page.
Wonik Holdings April 26, 2024 Technical Indicators
Most technical analysis of Wonik 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 Wonik from various momentum indicators to cycle indicators. When you analyze Wonik 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 | 0.0355 | |||
Market Risk Adjusted Performance | 0.1563 | |||
Mean Deviation | 2.38 | |||
Semi Deviation | 2.25 | |||
Downside Deviation | 2.43 | |||
Coefficient Of Variation | 2317.61 | |||
Standard Deviation | 4.54 | |||
Variance | 20.65 | |||
Information Ratio | 0.0235 | |||
Jensen Alpha | 0.0853 | |||
Total Risk Alpha | (0.39) | |||
Sortino Ratio | 0.044 | |||
Treynor Ratio | 0.1463 | |||
Maximum Drawdown | 36.58 | |||
Value At Risk | (3.99) | |||
Potential Upside | 4.26 | |||
Downside Variance | 5.9 | |||
Semi Variance | 5.08 | |||
Expected Short fall | (3.22) | |||
Skewness | 4.72 | |||
Kurtosis | 30.67 |
Wonik Holdings April 26, 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 Wonik 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 | 2,144 | ||
Daily Balance Of Power | 0.50 | ||
Rate Of Daily Change | 1.01 | ||
Day Median Price | 3,525 | ||
Day Typical Price | 3,520 | ||
Price Action Indicator | 0.00 | ||
Market Facilitation Index | 0.0005 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Wonik Holdings 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 Wonik Holdings information on this page should be used as a complementary analysis to other Wonik Holdings' 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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Wonik Stock analysis
When running Wonik Holdings' price analysis, check to measure Wonik Holdings' 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 Wonik Holdings is operating at the current time. Most of Wonik Holdings' value examination focuses on studying past and present price action to predict the probability of Wonik Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wonik Holdings' price. Additionally, you may evaluate how the addition of Wonik Holdings to your portfolios can decrease your overall portfolio volatility.
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