Optrontec (Korea) Technical Analysis

082210 Stock  KRW 3,990  125.00  3.04%   
As of the 20th of April, Optrontec holds the Semi Deviation of 2.74, risk adjusted performance of 0.0094, and Coefficient Of Variation of 51862.52. Optrontec 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 interpolate nineteen technical drivers for Optrontec, which can be compared to its competitors. Please check Optrontec standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if Optrontec is priced some-what accurately, providing market reflects its current price of 3990.0 per share.

Optrontec Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Optrontec, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Optrontec
  
Optrontec's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Optrontec 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.
A focus of Optrontec technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Optrontec trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Optrontec Technical Analysis

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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 Optrontec volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Optrontec Trend Analysis

Use this graph to draw trend lines for Optrontec. You can use it to identify possible trend reversals for Optrontec 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 Optrontec price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Optrontec Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Optrontec applied against its price change over selected period. The best fit line has a slop of   2.55  , which means Optrontec will continue generating value for investors. It has 122 observation points and a regression sum of squares at 245868.45, which is the sum of squared deviations for the predicted Optrontec price change compared to its average price change.

About Optrontec 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 Optrontec 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 Optrontec based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Optrontec price pattern first instead of the macroeconomic environment surrounding Optrontec. By analyzing Optrontec'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 Optrontec'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 Optrontec specific price patterns or momentum indicators. Please read more on our technical analysis page.

Optrontec April 20, 2024 Technical Indicators

Most technical analysis of Optrontec 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 Optrontec from various momentum indicators to cycle indicators. When you analyze Optrontec 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.

Optrontec April 20, 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 Optrontec 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Optrontec. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for Optrontec Stock analysis

When running Optrontec's price analysis, check to measure Optrontec'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 Optrontec is operating at the current time. Most of Optrontec's value examination focuses on studying past and present price action to predict the probability of Optrontec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Optrontec's price. Additionally, you may evaluate how the addition of Optrontec to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Optrontec's value and its price as these two are different measures arrived at by different means. Investors typically determine if Optrontec is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Optrontec's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.