Victek (Korea) Technical Analysis

065450 Stock   4,865  280.00  2.54%   
As of the 23rd of April, Victek has the Coefficient Of Variation of 122193.84, risk adjusted performance of 0.0083, and Semi Deviation of 2.43. Victek technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Victek Co, which can be compared to its competition. Please validate Victek mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Victek is priced more or less accurately, providing market reflects its prevalent price of 4980.0 per share.

Victek Momentum Analysis

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

Victek Technical Analysis

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The output start index for this execution was fourteen with a total number of output elements of fourty-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 Victek volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Victek Trend Analysis

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

Victek Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Victek Co applied against its price change over selected period. The best fit line has a slop of   3.83  , which may suggest that Victek Co market price will keep on failing further. It has 122 observation points and a regression sum of squares at 553548.28, which is the sum of squared deviations for the predicted Victek price change compared to its average price change.

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

Victek April 23, 2024 Technical Indicators

Most technical analysis of Victek 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 Victek from various momentum indicators to cycle indicators. When you analyze Victek 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.

Victek April 23, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Victek stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Victek 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 Victek information on this page should be used as a complementary analysis to other Victek'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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.

Complementary Tools for Victek Stock analysis

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