Pt Indofood Sukses Stock Technical Analysis

PIFMF Stock  USD 0.45  0.00  0.00%   
As of the 24th of April, PT Indofood owns the information ratio of 0.0823, and Market Risk Adjusted Performance of (1.57). Concerning fundamental indicators, the technical analysis model allows you to check potential technical drivers of PT Indofood Sukses, as well as the relationship between them. 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 have collected data for eleven technical drivers for PT Indofood, which can be compared to its peers in the sector. Please check PT Indofood Sukses risk adjusted performance, standard deviation, as well as the relationship between the Standard Deviation and maximum drawdown to decide if PT Indofood Sukses is priced more or less accurately, providing market reflects its prevailing price of 0.45 per share. As PT Indofood Sukses is a penny stock we also suggest to check out its information ratio numbers.

PT Indofood Momentum Analysis

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

PT Indofood Sukses 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 PT Indofood Sukses volatility. High ATR values indicate high volatility, and low values indicate low volatility.

PT Indofood Sukses Trend Analysis

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

PT Indofood Best Fit Change Line

The following chart estimates an ordinary least squares regression model for PT Indofood Sukses applied against its price change over selected period. The best fit line has a slop of   0.0009  , which means PT Indofood Sukses will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.03, which is the sum of squared deviations for the predicted PT Indofood price change compared to its average price change.

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

PT Indofood April 24, 2024 Technical Indicators

Most technical analysis of PIFMF 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 PIFMF from various momentum indicators to cycle indicators. When you analyze PIFMF 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in PT Indofood Sukses. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Complementary Tools for PIFMF Pink Sheet analysis

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