YG Entertainment (Korea) Technical Analysis
| 122870 Stock | KRW 43,700 1,900 4.55% |
As of the 19th of April, YG Entertainment owns the standard deviation of 2.31, and Market Risk Adjusted Performance of 0.4037. YG Entertainment technical analysis makes it possible for you to employ past data patterns with the intention to determine a pattern that calculates the direction of the company's future prices. Strictly speaking, you can use this information to find out if the company will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to analyze nineteen technical drivers for YG Entertainment, which can be compared to its peers in the sector. Please check out YG Entertainment semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation to decide if YG Entertainment is priced more or less accurately, providing market reflects its prevailing price of 43700.0 per share.
YG Entertainment Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as 122870, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to 122870122870 |
YG Entertainment 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.
YG Entertainment Technical Analysis
The output start index for this execution was fifty with a total number of output elements of eleven. 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 YG Entertainment volatility. High ATR values indicate high volatility, and low values indicate low volatility.
YG Entertainment Trend Analysis
Use this graph to draw trend lines for YG Entertainment. You can use it to identify possible trend reversals for YG Entertainment 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 YG Entertainment price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.YG Entertainment Best Fit Change Line
The following chart estimates an ordinary least squares regression model for YG Entertainment applied against its price change over selected period. The best fit line has a slop of 2.71 , which means YG Entertainment will continue generating value for investors. It has 122 observation points and a regression sum of squares at 278338.45, which is the sum of squared deviations for the predicted YG Entertainment price change compared to its average price change.About YG Entertainment 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 YG Entertainment 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 YG Entertainment based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on YG Entertainment price pattern first instead of the macroeconomic environment surrounding YG Entertainment. By analyzing YG Entertainment'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 YG Entertainment'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 YG Entertainment specific price patterns or momentum indicators. Please read more on our technical analysis page.
YG Entertainment April 19, 2024 Technical Indicators
Most technical analysis of 122870 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 122870 from various momentum indicators to cycle indicators. When you analyze 122870 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.
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volume Indicators |
| Risk Adjusted Performance | 0.0198 | |||
| Market Risk Adjusted Performance | 0.4037 | |||
| Mean Deviation | 1.71 | |||
| Semi Deviation | 1.76 | |||
| Downside Deviation | 1.8 | |||
| Coefficient Of Variation | 4935.34 | |||
| Standard Deviation | 2.31 | |||
| Variance | 5.35 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | 0.0314 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.3937 | |||
| Maximum Drawdown | 12.18 | |||
| Value At Risk | (3.04) | |||
| Potential Upside | 4.99 | |||
| Downside Variance | 3.24 | |||
| Semi Variance | 3.11 | |||
| Expected Short fall | (2.06) | |||
| Skewness | 1.12 | |||
| Kurtosis | 1.84 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in YG Entertainment. 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 YG Entertainment information on this page should be used as a complementary analysis to other YG Entertainment'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 122870 Stock analysis
When running YG Entertainment's price analysis, check to measure YG Entertainment'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 YG Entertainment is operating at the current time. Most of YG Entertainment's value examination focuses on studying past and present price action to predict the probability of YG Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move YG Entertainment's price. Additionally, you may evaluate how the addition of YG Entertainment to your portfolios can decrease your overall portfolio volatility.
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