Harum Energy (Indonesia) Technical Analysis
HRUM Stock | IDR 1,410 20.00 1.44% |
As of the 1st of May, Harum Energy retains the Downside Deviation of 3.56, market risk adjusted performance of (0.74), and Risk Adjusted Performance of 0.0806. Harum Energy technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Harum Energy Tbk, which can be compared to its competitors. Please check out Harum Energy Tbk information ratio, treynor ratio, value at risk, as well as the relationship between the jensen alpha and maximum drawdown to decide if Harum Energy is priced fairly, providing market reflects its last-minute price of 1410.0 per share.
Harum Energy Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Harum, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HarumHarum |
Harum Energy 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.
Harum Energy Tbk Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Harum Energy Tbk volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Harum Energy Tbk Trend Analysis
Use this graph to draw trend lines for Harum Energy Tbk. You can use it to identify possible trend reversals for Harum Energy 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 Harum Energy price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Harum Energy Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Harum Energy Tbk applied against its price change over selected period. The best fit line has a slop of 5.03 , which means Harum Energy Tbk will continue producing value for investors. It has 122 observation points and a regression sum of squares at 958444.0, which is the sum of squared deviations for the predicted Harum Energy price change compared to its average price change.About Harum Energy 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 Harum Energy Tbk 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 Harum Energy Tbk based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Harum Energy Tbk price pattern first instead of the macroeconomic environment surrounding Harum Energy Tbk. By analyzing Harum Energy'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 Harum Energy'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 Harum Energy specific price patterns or momentum indicators. Please read more on our technical analysis page.
Harum Energy May 1, 2024 Technical Indicators
Most technical analysis of Harum 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 Harum from various momentum indicators to cycle indicators. When you analyze Harum 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 | 0.0806 | |||
Market Risk Adjusted Performance | (0.74) | |||
Mean Deviation | 2.4 | |||
Semi Deviation | 3.02 | |||
Downside Deviation | 3.56 | |||
Coefficient Of Variation | 884.34 | |||
Standard Deviation | 3.32 | |||
Variance | 11.02 | |||
Information Ratio | 0.0952 | |||
Jensen Alpha | 0.3896 | |||
Total Risk Alpha | 0.1095 | |||
Sortino Ratio | 0.0888 | |||
Treynor Ratio | (0.75) | |||
Maximum Drawdown | 21.14 | |||
Value At Risk | (4.06) | |||
Potential Upside | 5.17 | |||
Downside Variance | 12.67 | |||
Semi Variance | 9.12 | |||
Expected Short fall | (2.92) | |||
Skewness | (0.68) | |||
Kurtosis | 3.66 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Harum Energy Tbk. 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Harum Stock analysis
When running Harum Energy's price analysis, check to measure Harum Energy'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 Harum Energy is operating at the current time. Most of Harum Energy's value examination focuses on studying past and present price action to predict the probability of Harum Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Harum Energy's price. Additionally, you may evaluate how the addition of Harum Energy to your portfolios can decrease your overall portfolio volatility.
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