Wijaya Karya (Indonesia) Technical Analysis

WEGE Stock  IDR 78.00  1.00  1.27%   
As of the 16th of April 2024, Wijaya Karya maintains the Standard Deviation of 2.58, mean deviation of 1.48, and Market Risk Adjusted Performance of (0.57). Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Wijaya Karya Bangunan, 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 Wijaya Karya Bangunan, which can be compared to its peers. Please check out Wijaya Karya Bangunan value at risk, skewness, and the relationship between the maximum drawdown and potential upside to decide if Wijaya Karya Bangunan is priced fairly, providing market reflects its latest price of 78.0 per share.

Wijaya Karya Momentum Analysis

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

Wijaya Karya Bangunan Technical Analysis

Indicator
Time Period
Execute Indicator
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.

Wijaya Karya Bangunan Trend Analysis

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

Wijaya Karya Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Wijaya Karya Bangunan applied against its price change over selected period. The best fit line has a slop of   0.02  , which means Wijaya Karya Bangunan will continue generating value for investors. It has 122 observation points and a regression sum of squares at 13.94, which is the sum of squared deviations for the predicted Wijaya Karya price change compared to its average price change.

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

Wijaya Karya April 16, 2024 Technical Indicators

Most technical analysis of Wijaya 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 Wijaya from various momentum indicators to cycle indicators. When you analyze Wijaya 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 Current Watchlist 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Complementary Tools for Wijaya Stock analysis

When running Wijaya Karya's price analysis, check to measure Wijaya Karya'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 Wijaya Karya is operating at the current time. Most of Wijaya Karya's value examination focuses on studying past and present price action to predict the probability of Wijaya Karya's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wijaya Karya's price. Additionally, you may evaluate how the addition of Wijaya Karya to your portfolios can decrease your overall portfolio volatility.
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Please note, there is a significant difference between Wijaya Karya's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wijaya Karya is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wijaya Karya'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.