Alkindo Naratama (Indonesia) Technical Analysis
| ALDO Stock | IDR 855.00 5.00 0.58% |
As of the 24th of April, Alkindo Naratama shows the Mean Deviation of 1.69, downside deviation of 3.74, and Risk Adjusted Performance of 0.0837. Alkindo Naratama Tbk technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Alkindo Naratama Tbk, which can be compared to its peers. Please confirm Alkindo Naratama Tbk downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Alkindo Naratama Tbk is priced correctly, providing market reflects its regular price of 855.0 per share.
Alkindo Naratama Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Alkindo, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AlkindoAlkindo |
Alkindo Naratama 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.
Alkindo Naratama Tbk Technical Analysis
The output start index for this execution was thirty with a total number of output elements of thirty-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 Alkindo Naratama Tbk volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Alkindo Naratama Tbk Trend Analysis
Use this graph to draw trend lines for Alkindo Naratama Tbk. You can use it to identify possible trend reversals for Alkindo Naratama 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 Alkindo Naratama price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Alkindo Naratama Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Alkindo Naratama Tbk applied against its price change over selected period. The best fit line has a slop of 3.62 , which means Alkindo Naratama Tbk will continue producing value for investors. It has 122 observation points and a regression sum of squares at 494389.94, which is the sum of squared deviations for the predicted Alkindo Naratama price change compared to its average price change.About Alkindo Naratama 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 Alkindo Naratama Tbk 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 Alkindo Naratama Tbk based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Alkindo Naratama Tbk price pattern first instead of the macroeconomic environment surrounding Alkindo Naratama Tbk. By analyzing Alkindo Naratama'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 Alkindo Naratama'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 Alkindo Naratama specific price patterns or momentum indicators. Please read more on our technical analysis page.
Alkindo Naratama April 24, 2024 Technical Indicators
Most technical analysis of Alkindo 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 Alkindo from various momentum indicators to cycle indicators. When you analyze Alkindo 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 | 0.0837 | |||
| Market Risk Adjusted Performance | 1.65 | |||
| Mean Deviation | 1.69 | |||
| Semi Deviation | 2.5 | |||
| Downside Deviation | 3.74 | |||
| Coefficient Of Variation | 820.64 | |||
| Standard Deviation | 2.69 | |||
| Variance | 7.22 | |||
| Information Ratio | 0.0864 | |||
| Jensen Alpha | 0.301 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0622 | |||
| Treynor Ratio | 1.64 | |||
| Maximum Drawdown | 20.4 | |||
| Value At Risk | (2.80) | |||
| Potential Upside | 4.71 | |||
| Downside Variance | 13.95 | |||
| Semi Variance | 6.27 | |||
| Expected Short fall | (2.39) | |||
| Skewness | (1.72) | |||
| Kurtosis | 10.26 |
Alkindo Naratama April 24, 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 Alkindo 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 | 732.56 | ||
| Daily Balance Of Power | (0.20) | ||
| Rate Of Daily Change | 0.99 | ||
| Day Median Price | 847.50 | ||
| Day Typical Price | 850.00 | ||
| Price Action Indicator | 5.00 | ||
| Market Facilitation Index | 0.001 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alkindo Naratama Tbk. 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for Alkindo Stock analysis
When running Alkindo Naratama's price analysis, check to measure Alkindo Naratama'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 Alkindo Naratama is operating at the current time. Most of Alkindo Naratama's value examination focuses on studying past and present price action to predict the probability of Alkindo Naratama's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alkindo Naratama's price. Additionally, you may evaluate how the addition of Alkindo Naratama to your portfolios can decrease your overall portfolio volatility.
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