Wave Entertainment (Thailand) Technical Analysis
| WAVE Stock | THB 0.14 0.00 0.00% |
As of the 20th of April, Wave Entertainment maintains the Mean Deviation of 2.12, market risk adjusted performance of (0.37), and Standard Deviation of 3.64. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Wave Entertainment Public, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Wave Entertainment Public, which can be compared to its peers. Please check out Wave Entertainment Public coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if Wave Entertainment Public is priced fairly, providing market reflects its latest price of 0.14 per share.
Wave Entertainment Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Wave, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WaveWave |
Wave Entertainment 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.
Wave Entertainment Public Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Wave Entertainment Public volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Wave Entertainment Public Trend Analysis
Use this graph to draw trend lines for Wave Entertainment Public. You can use it to identify possible trend reversals for Wave Entertainment 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 Wave Entertainment price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Wave Entertainment Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Wave Entertainment Public applied against its price change over selected period. The best fit line has a slop of 0.0004 , which may suggest that Wave Entertainment Public market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Wave Entertainment price change compared to its average price change.About Wave Entertainment 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 Wave Entertainment Public 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 Wave Entertainment Public based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Wave Entertainment Public price pattern first instead of the macroeconomic environment surrounding Wave Entertainment Public. By analyzing Wave Entertainment'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 Wave Entertainment'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 Wave Entertainment specific price patterns or momentum indicators. Please read more on our technical analysis page.
Wave Entertainment April 20, 2024 Technical Indicators
Most technical analysis of Wave 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 Wave from various momentum indicators to cycle indicators. When you analyze Wave 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 | (0.03) | |||
| Market Risk Adjusted Performance | (0.37) | |||
| Mean Deviation | 2.12 | |||
| Coefficient Of Variation | (1,417) | |||
| Standard Deviation | 3.64 | |||
| Variance | 13.27 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.72) | |||
| Treynor Ratio | (0.38) | |||
| Maximum Drawdown | 17.36 | |||
| Value At Risk | (6.25) | |||
| Potential Upside | 6.25 | |||
| Skewness | (0.28) | |||
| Kurtosis | 1.13 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wave Entertainment Public. 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 Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Wave Stock analysis
When running Wave Entertainment's price analysis, check to measure Wave Entertainment'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 Wave Entertainment is operating at the current time. Most of Wave Entertainment's value examination focuses on studying past and present price action to predict the probability of Wave Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wave Entertainment's price. Additionally, you may evaluate how the addition of Wave Entertainment to your portfolios can decrease your overall portfolio volatility.
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