ESTsoft Corp (Korea) Technical Analysis

047560 Stock   24,400  350.00  1.46%   
As of the 19th of April, ESTsoft Corp shows the Market Risk Adjusted Performance of (0.76), downside deviation of 6.22, and Mean Deviation of 4.33. ESTsoft Corp 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 nineteen technical drivers for ESTsoft Corp, which can be compared to its peers. Please confirm ESTsoft Corp standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if ESTsoft Corp is priced fairly, providing market reflects its regular price of 24400.0 per share.

ESTsoft Corp Momentum Analysis

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

ESTsoft Corp Technical Analysis

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The output start index for this execution was fifty with a total number of output elements of eleven. 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 ESTsoft Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

ESTsoft Corp Trend Analysis

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

ESTsoft Corp Best Fit Change Line

The following chart estimates an ordinary least squares regression model for ESTsoft Corp applied against its price change over selected period. The best fit line has a slop of   241.39  , which may suggest that ESTsoft Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2.20380143443E9, which is the sum of squared deviations for the predicted ESTsoft Corp price change compared to its average price change.

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

ESTsoft Corp April 19, 2024 Technical Indicators

Most technical analysis of ESTsoft 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 ESTsoft from various momentum indicators to cycle indicators. When you analyze ESTsoft 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 ESTsoft Corp. 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 ESTsoft Corp information on this page should be used as a complementary analysis to other ESTsoft Corp'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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

Complementary Tools for ESTsoft Stock analysis

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