Waskita Beton (Indonesia) Technical Analysis

WSBP Stock  IDR 15.00  1.00  6.25%   
As of the 23rd of April, Waskita Beton maintains the Standard Deviation of 3.46, market risk adjusted performance of (0.89), and Mean Deviation of 2.75. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Waskita Beton Precast, 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 twelve technical drivers for Waskita Beton Precast, which can be compared to its peers. Please check out Waskita Beton Precast standard deviation, total risk alpha, and the relationship between the coefficient of variation and variance to decide if Waskita Beton Precast is priced fairly, providing market reflects its latest price of 15.0 per share.

Waskita Beton Momentum Analysis

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

Waskita Beton Precast Technical Analysis

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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 Waskita Beton Precast volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Waskita Beton Precast Trend Analysis

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

Waskita Beton Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Waskita Beton Precast applied against its price change over selected period. The best fit line has a slop of   0.43  , which may suggest that Waskita Beton Precast market price will keep on failing further. It has 122 observation points and a regression sum of squares at 7071.74, which is the sum of squared deviations for the predicted Waskita Beton price change compared to its average price change.

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

Waskita Beton April 23, 2024 Technical Indicators

Most technical analysis of Waskita 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 Waskita from various momentum indicators to cycle indicators. When you analyze Waskita 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.

Waskita Beton April 23, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Waskita stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waskita Beton Precast. 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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Complementary Tools for Waskita Stock analysis

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