Wave Electronics (Korea) Technical Analysis
095270 Stock | KRW 5,400 60.00 1.12% |
As of the 28th of April, Wave Electronics maintains the Downside Deviation of 1.04, market risk adjusted performance of 0.7973, and Mean Deviation of 0.8524. Wave Electronics technical analysis makes it possible for you to employ past prices and volume data with the intention to determine a pattern that calculates the direction of the company's future prices. 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 analyze nineteen technical drivers for Wave Electronics, which can be compared to its peers. Please check out Wave Electronics standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if Wave Electronics is priced fairly, providing market reflects its latest price of 5400.0 per share.
Wave Electronics 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 Electronics 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 Electronics Technical Analysis
The output start index for this execution was sixty with a total number of output elements of one. 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 Electronics volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Wave Electronics Trend Analysis
Use this graph to draw trend lines for Wave Electronics Co. You can use it to identify possible trend reversals for Wave Electronics 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 Electronics price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Wave Electronics Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Wave Electronics Co applied against its price change over selected period. The best fit line has a slop of 8.01 , which means Wave Electronics Co will continue producing value for investors. It has 122 observation points and a regression sum of squares at 2426243.43, which is the sum of squared deviations for the predicted Wave Electronics price change compared to its average price change.About Wave Electronics 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 Electronics Co 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 Electronics Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Wave Electronics price pattern first instead of the macroeconomic environment surrounding Wave Electronics. By analyzing Wave Electronics'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 Electronics'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 Electronics specific price patterns or momentum indicators. Please read more on our technical analysis page.
Wave Electronics April 28, 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 | 0.0848 | |||
Market Risk Adjusted Performance | 0.7973 | |||
Mean Deviation | 0.8524 | |||
Semi Deviation | 0.7267 | |||
Downside Deviation | 1.04 | |||
Coefficient Of Variation | 781.32 | |||
Standard Deviation | 1.23 | |||
Variance | 1.52 | |||
Information Ratio | 0.0557 | |||
Jensen Alpha | 0.133 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | 0.0663 | |||
Treynor Ratio | 0.7873 | |||
Maximum Drawdown | 6.27 | |||
Value At Risk | (1.66) | |||
Potential Upside | 2.27 | |||
Downside Variance | 1.07 | |||
Semi Variance | 0.5281 | |||
Expected Short fall | (1.33) | |||
Skewness | 0.9748 | |||
Kurtosis | 2.12 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Wave Electronics Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Wave Electronics information on this page should be used as a complementary analysis to other Wave Electronics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Wave Stock analysis
When running Wave Electronics' price analysis, check to measure Wave Electronics' 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 Electronics is operating at the current time. Most of Wave Electronics' value examination focuses on studying past and present price action to predict the probability of Wave Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wave Electronics' price. Additionally, you may evaluate how the addition of Wave Electronics to your portfolios can decrease your overall portfolio volatility.
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
CEOs Directory Screen CEOs from public companies around the world | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |