Workpoint Entertainment (Thailand) Technical Analysis
| WORK Stock | THB 8.95 0.05 0.56% |
As of the 17th of April 2024, Workpoint Entertainment maintains the Market Risk Adjusted Performance of 1.22, standard deviation of 1.31, and Mean Deviation of 0.9088. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Workpoint 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 Workpoint Entertainment, which can be compared to its peers. Please check out Workpoint Entertainment mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Workpoint Entertainment is priced fairly, providing market reflects its latest price of 8.95 per share.
Workpoint 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 Workpoint, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WorkpointWorkpoint |
Workpoint 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.
Workpoint Entertainment Technical Analysis
The output start index for this execution was thirteen with a total number of output elements of fourty-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 Workpoint Entertainment volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Workpoint Entertainment Trend Analysis
Use this graph to draw trend lines for Workpoint Entertainment Public. You can use it to identify possible trend reversals for Workpoint 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 Workpoint Entertainment price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Workpoint Entertainment Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Workpoint Entertainment Public applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that Workpoint Entertainment Public market price will keep on failing further. It has 122 observation points and a regression sum of squares at 31.64, which is the sum of squared deviations for the predicted Workpoint Entertainment price change compared to its average price change.About Workpoint 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 Workpoint 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 Workpoint Entertainment Public based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Workpoint Entertainment price pattern first instead of the macroeconomic environment surrounding Workpoint Entertainment. By analyzing Workpoint 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 Workpoint 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 Workpoint Entertainment specific price patterns or momentum indicators. Please read more on our technical analysis page.
Workpoint Entertainment April 17, 2024 Technical Indicators
Most technical analysis of Workpoint 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 Workpoint from various momentum indicators to cycle indicators. When you analyze Workpoint 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.
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| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.13) | |||
| Market Risk Adjusted Performance | 1.22 | |||
| Mean Deviation | 0.9088 | |||
| Coefficient Of Variation | (451.91) | |||
| Standard Deviation | 1.31 | |||
| Variance | 1.71 | |||
| Information Ratio | (0.27) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | 1.21 | |||
| Maximum Drawdown | 8.84 | |||
| Value At Risk | (1.87) | |||
| Potential Upside | 1.63 | |||
| Skewness | (1.36) | |||
| Kurtosis | 5.52 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Workpoint 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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Workpoint Stock analysis
When running Workpoint Entertainment's price analysis, check to measure Workpoint 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 Workpoint Entertainment is operating at the current time. Most of Workpoint Entertainment's value examination focuses on studying past and present price action to predict the probability of Workpoint 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 Workpoint Entertainment's price. Additionally, you may evaluate how the addition of Workpoint Entertainment to your portfolios can decrease your overall portfolio volatility.
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