BIT Computer (Korea) Technical Analysis

032850 Stock  KRW 5,950  150.00  2.59%   
As of the 19th of April, BIT Computer shows the risk adjusted performance of 0.0197, and Mean Deviation of 3.29. BIT Computer technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze nineteen technical drivers for BIT Computer Co, which can be compared to its peers. Please confirm BIT Computer standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if BIT Computer is priced favorably, providing market reflects its regular price of 5950.0 per share.

BIT Computer Momentum Analysis

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

BIT Computer 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 BIT Computer volatility. High ATR values indicate high volatility, and low values indicate low volatility.

BIT Computer Trend Analysis

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

BIT Computer Best Fit Change Line

The following chart estimates an ordinary least squares regression model for BIT Computer Co applied against its price change over selected period. The best fit line has a slop of   22.81  , which may suggest that BIT Computer Co market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.967512598E7, which is the sum of squared deviations for the predicted BIT Computer price change compared to its average price change.

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

BIT Computer April 19, 2024 Technical Indicators

Most technical analysis of BIT 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 BIT from various momentum indicators to cycle indicators. When you analyze BIT 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in BIT Computer 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 BIT Computer information on this page should be used as a complementary analysis to other BIT Computer's 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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Complementary Tools for BIT Stock analysis

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