JASTECH (Korea) Technical Analysis
| 090470 Stock | KRW 9,110 160.00 1.79% |
As of the 18th of April 2024, JASTECH retains the market risk adjusted performance of 0.1061, and Coefficient Of Variation of (8,534). JASTECH technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the entity's future prices. Simply put, you can use this information to find out if the entity will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze thirteen technical drivers for JASTECH, which can be compared to its competitors. Please check out JASTECH treynor ratio, value at risk, and the relationship between the information ratio and maximum drawdown to decide if JASTECH is priced fairly, providing market reflects its last-minute price of 9110.0 per share.
JASTECH Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as JASTECH, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to JASTECHJASTECH |
JASTECH 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.
JASTECH Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 JASTECH volatility. High ATR values indicate high volatility, and low values indicate low volatility.
JASTECH Trend Analysis
Use this graph to draw trend lines for JASTECH. You can use it to identify possible trend reversals for JASTECH 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 JASTECH price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.JASTECH Best Fit Change Line
The following chart estimates an ordinary least squares regression model for JASTECH applied against its price change over selected period. The best fit line has a slop of 2.63 , which may suggest that JASTECH market price will keep on failing further. It has 122 observation points and a regression sum of squares at 261141.84, which is the sum of squared deviations for the predicted JASTECH price change compared to its average price change.About JASTECH 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 JASTECH 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 JASTECH based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on JASTECH price pattern first instead of the macroeconomic environment surrounding JASTECH. By analyzing JASTECH'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 JASTECH'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 JASTECH specific price patterns or momentum indicators. Please read more on our technical analysis page.
JASTECH April 18, 2024 Technical Indicators
Most technical analysis of JASTECH 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 JASTECH from various momentum indicators to cycle indicators. When you analyze JASTECH 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 | 1.0E-4 | |||
| Market Risk Adjusted Performance | 0.1061 | |||
| Mean Deviation | 1.84 | |||
| Coefficient Of Variation | (8,534) | |||
| Standard Deviation | 2.46 | |||
| Variance | 6.06 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | 0.0961 | |||
| Maximum Drawdown | 13.15 | |||
| Value At Risk | (4.42) | |||
| Potential Upside | 3.8 | |||
| Skewness | 0.0624 | |||
| Kurtosis | 0.7355 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in JASTECH. 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 JASTECH information on this page should be used as a complementary analysis to other JASTECH'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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for JASTECH Stock analysis
When running JASTECH's price analysis, check to measure JASTECH'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 JASTECH is operating at the current time. Most of JASTECH's value examination focuses on studying past and present price action to predict the probability of JASTECH's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JASTECH's price. Additionally, you may evaluate how the addition of JASTECH to your portfolios can decrease your overall portfolio volatility.
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