Kang Yong (Thailand) Technical Analysis

KYE Stock  THB 318.00  0.00  0.00%   
As of the 16th of April 2024, Kang Yong secures the Mean Deviation of 0.5841, risk adjusted performance of 0.1166, and Downside Deviation of 0.8092. Kang Yong Electric technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Kang Yong, which can be compared to its peers in the industry. Please verify Kang Yong Electric jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if Kang Yong Electric is priced some-what accurately, providing market reflects its recent price of 318.0 per share.

Kang Yong Momentum Analysis

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

Kang Yong Electric Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. 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 Kang Yong Electric volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Kang Yong Electric Trend Analysis

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

Kang Yong Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Kang Yong Electric applied against its price change over selected period. The best fit line has a slop of   0.45  , which means Kang Yong Electric will continue generating value for investors. It has 122 observation points and a regression sum of squares at 7558.98, which is the sum of squared deviations for the predicted Kang Yong price change compared to its average price change.

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

Kang Yong April 16, 2024 Technical Indicators

Most technical analysis of Kang 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 Kang from various momentum indicators to cycle indicators. When you analyze Kang 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kang Yong Electric. 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.
Note that the Kang Yong Electric information on this page should be used as a complementary analysis to other Kang Yong'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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Kang Stock analysis

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