POLARIS WORKS (Korea) Technical Analysis

123010 Stock   1,436  10.00  0.59%   
As of the 28th of March, POLARIS WORKS holds the risk adjusted performance of (0.09), and Coefficient Of Variation of (545.75). POLARIS WORKS 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 thirteen technical drivers for POLARIS WORKS, which can be compared to its competitors. Please check POLARIS WORKS variance, treynor ratio, and the relationship between the standard deviation and information ratio to decide if POLARIS WORKS is priced more or less accurately, providing market reflects its current price of 1175.0 per share.

POLARIS WORKS Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as POLARIS, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to POLARIS
  
POLARIS WORKS'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.
POLARIS WORKS 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 POLARIS WORKS technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of POLARIS WORKS 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...

POLARIS WORKS Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. 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 POLARIS WORKS volatility. High ATR values indicate high volatility, and low values indicate low volatility.

POLARIS WORKS Trend Analysis

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

POLARIS WORKS Best Fit Change Line

The following chart estimates an ordinary least squares regression model for POLARIS WORKS applied against its price change over selected period. The best fit line has a slop of   9.86  , which may suggest that POLARIS WORKS market price will keep on failing further. It has 122 observation points and a regression sum of squares at 3677255.46, which is the sum of squared deviations for the predicted POLARIS WORKS price change compared to its average price change.

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

POLARIS WORKS March 28, 2024 Technical Indicators

Most technical analysis of POLARIS 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 POLARIS from various momentum indicators to cycle indicators. When you analyze POLARIS 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in POLARIS WORKS. 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 CEOs Directory module to screen CEOs from public companies around the world.

Complementary Tools for POLARIS Stock analysis

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