Woowon Development (Korea) Technical Analysis
| 046940 Stock | KRW 3,155 10.00 0.71% |
As of the 19th of April, Woowon Development maintains the Market Risk Adjusted Performance of 0.3261, standard deviation of 2.0, and Mean Deviation of 1.21. Woowon Development 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 Woowon Development, which can be compared to its peers. Please check out Woowon Development standard deviation, information ratio, maximum drawdown, as well as the relationship between the variance and treynor ratio to decide if Woowon Development is priced fairly, providing market reflects its latest price of 2835.0 per share.
Woowon Development Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Woowon, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WoowonWoowon |
Woowon Development 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.
Woowon Development 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 Woowon Development volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Woowon Development Trend Analysis
Use this graph to draw trend lines for Woowon Development Co. You can use it to identify possible trend reversals for Woowon Development 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 Woowon Development price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Woowon Development Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Woowon Development Co applied against its price change over selected period. The best fit line has a slop of 7.83 , which may suggest that Woowon Development Co market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2320102.81, which is the sum of squared deviations for the predicted Woowon Development price change compared to its average price change.About Woowon Development 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 Woowon Development 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 Woowon Development Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Woowon Development price pattern first instead of the macroeconomic environment surrounding Woowon Development. By analyzing Woowon Development'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 Woowon Development'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 Woowon Development specific price patterns or momentum indicators. Please read more on our technical analysis page.
Woowon Development April 19, 2024 Technical Indicators
Most technical analysis of Woowon 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 Woowon from various momentum indicators to cycle indicators. When you analyze Woowon 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 | (0.04) | |||
| Market Risk Adjusted Performance | 0.3261 | |||
| Mean Deviation | 1.21 | |||
| Coefficient Of Variation | (1,282) | |||
| Standard Deviation | 2.0 | |||
| Variance | 3.98 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | 0.3161 | |||
| Maximum Drawdown | 16.03 | |||
| Value At Risk | (2.41) | |||
| Potential Upside | 2.91 | |||
| Skewness | 0.6549 | |||
| Kurtosis | 7.88 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Woowon Development 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 Woowon Development information on this page should be used as a complementary analysis to other Woowon Development'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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Woowon Stock analysis
When running Woowon Development's price analysis, check to measure Woowon Development'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 Woowon Development is operating at the current time. Most of Woowon Development's value examination focuses on studying past and present price action to predict the probability of Woowon Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Woowon Development's price. Additionally, you may evaluate how the addition of Woowon Development to your portfolios can decrease your overall portfolio volatility.
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities |