Salim Ivomas (Indonesia) Technical Analysis

SIMP Stock  IDR 382.00  0.00  0.00%   
As of the 18th of April 2024, Salim Ivomas has the Risk Adjusted Performance of 0.0278, coefficient of variation of 2479.64, and Semi Deviation of 0.5654. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Salim Ivomas Pratama, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Salim Ivomas Pratama, which can be compared to its competition. Please validate Salim Ivomas Pratama jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if Salim Ivomas is priced more or less accurately, providing market reflects its prevalent price of 382.0 per share.

Salim Ivomas Momentum Analysis

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

Salim Ivomas Pratama Technical Analysis

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Salim Ivomas Pratama Trend Analysis

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

Salim Ivomas Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Salim Ivomas Pratama applied against its price change over selected period. The best fit line has a slop of   0.23  , which means Salim Ivomas Pratama will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1993.97, which is the sum of squared deviations for the predicted Salim Ivomas price change compared to its average price change.

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

Salim Ivomas April 18, 2024 Technical Indicators

Most technical analysis of Salim 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 Salim from various momentum indicators to cycle indicators. When you analyze Salim 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 World Market Map to better understand how to build diversified portfolios. 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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Complementary Tools for Salim Stock analysis

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