Opticis Company (Korea) Technical Analysis
| 109080 Stock | KRW 9,230 250.00 2.78% |
As of the 25th of April, Opticis Company holds the Variance of 2.25, risk adjusted performance of (0.07), and Coefficient Of Variation of (784.73). Opticis Limited 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 analyze thirteen technical drivers for Opticis Limited, which can be compared to its competitors. Please check Opticis Limited information ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk to decide if Opticis Limited is priced some-what accurately, providing market reflects its current price of 9230.0 per share.
Opticis Company Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Opticis, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OpticisOpticis |
Opticis Company 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.
Opticis Limited Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Opticis Limited volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Opticis Limited Trend Analysis
Use this graph to draw trend lines for Opticis Company Limited. You can use it to identify possible trend reversals for Opticis Company 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 Opticis Company price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Opticis Company Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Opticis Company Limited applied against its price change over selected period. The best fit line has a slop of 23.93 , which may suggest that Opticis Company Limited market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2.165586991E7, which is the sum of squared deviations for the predicted Opticis Company price change compared to its average price change.About Opticis Company 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 Opticis Company Limited 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 Opticis Company Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Opticis Limited price pattern first instead of the macroeconomic environment surrounding Opticis Limited. By analyzing Opticis Company'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 Opticis Company'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 Opticis Company specific price patterns or momentum indicators. Please read more on our technical analysis page.
Opticis Company April 25, 2024 Technical Indicators
Most technical analysis of Opticis 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 Opticis from various momentum indicators to cycle indicators. When you analyze Opticis 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 | (0.07) | |||
| Market Risk Adjusted Performance | (0.72) | |||
| Mean Deviation | 1.13 | |||
| Coefficient Of Variation | (784.73) | |||
| Standard Deviation | 1.5 | |||
| Variance | 2.25 | |||
| Information Ratio | (0.19) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (0.73) | |||
| Maximum Drawdown | 6.43 | |||
| Value At Risk | (2.83) | |||
| Potential Upside | 2.78 | |||
| Skewness | 0.2918 | |||
| Kurtosis | 0.2403 |
Opticis Company April 25, 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 Opticis 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 | 117.71 | ||
| Daily Balance Of Power | 0.93 | ||
| Rate Of Daily Change | 1.03 | ||
| Day Median Price | 9,095 | ||
| Day Typical Price | 9,140 | ||
| Price Action Indicator | 260.00 | ||
| Market Facilitation Index | 0.07 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Opticis Company Limited. 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 Opticis Limited information on this page should be used as a complementary analysis to other Opticis Company'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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Opticis Stock analysis
When running Opticis Company's price analysis, check to measure Opticis Company'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 Opticis Company is operating at the current time. Most of Opticis Company's value examination focuses on studying past and present price action to predict the probability of Opticis Company's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Opticis Company's price. Additionally, you may evaluate how the addition of Opticis Company to your portfolios can decrease your overall portfolio volatility.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum |