Essen Tech (Korea) Technical Analysis
| 043340 Stock | KRW 649.00 2.00 0.31% |
As of the 19th of April, Essen Tech shows the Standard Deviation of 1.08, mean deviation of 0.7537, and Variance of 1.18. Essen Tech technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes 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 thirteen technical drivers for Essen Tech Co, which can be compared to its peers. Please confirm Essen Tech treynor ratio, value at risk, and the relationship between the information ratio and maximum drawdown to decide if Essen Tech is priced favorably, providing market reflects its regular price of 649.0 per share.
Essen Tech Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Essen, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EssenEssen |
Essen Tech 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.
Essen Tech Technical Analysis
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 Essen Tech volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Essen Tech Trend Analysis
Use this graph to draw trend lines for Essen Tech Co. You can use it to identify possible trend reversals for Essen Tech 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 Essen Tech price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Essen Tech Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Essen Tech Co applied against its price change over selected period. The best fit line has a slop of 0.27 , which may suggest that Essen Tech Co market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2787.73, which is the sum of squared deviations for the predicted Essen Tech price change compared to its average price change.About Essen Tech 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 Essen Tech 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 Essen Tech Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Essen Tech price pattern first instead of the macroeconomic environment surrounding Essen Tech. By analyzing Essen Tech'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 Essen Tech'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 Essen Tech specific price patterns or momentum indicators. Please read more on our technical analysis page.
Essen Tech April 19, 2024 Technical Indicators
Most technical analysis of Essen 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 Essen from various momentum indicators to cycle indicators. When you analyze Essen 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 | (0.09) | |||
| Market Risk Adjusted Performance | (3.32) | |||
| Mean Deviation | 0.7537 | |||
| Coefficient Of Variation | (629.75) | |||
| Standard Deviation | 1.08 | |||
| Variance | 1.18 | |||
| Information Ratio | (0.22) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (3.33) | |||
| Maximum Drawdown | 5.27 | |||
| Value At Risk | (2.53) | |||
| Potential Upside | 1.3 | |||
| Skewness | (1.28) | |||
| Kurtosis | 1.92 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Essen Tech 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 Essen Tech information on this page should be used as a complementary analysis to other Essen Tech'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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Essen Stock analysis
When running Essen Tech's price analysis, check to measure Essen Tech'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 Essen Tech is operating at the current time. Most of Essen Tech's value examination focuses on studying past and present price action to predict the probability of Essen Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Essen Tech's price. Additionally, you may evaluate how the addition of Essen Tech to your portfolios can decrease your overall portfolio volatility.
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