Akr Corporindo (Indonesia) Technical Analysis
AKRA Stock | IDR 1,519 150.00 0.83% |
As of the 28th of March, Akr Corporindo shows the Mean Deviation of 0.9325, downside deviation of 1.6, and Risk Adjusted Performance of 0.119. Akr Corporindo Tbk 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 interpolate nineteen technical drivers for Akr Corporindo Tbk, which can be compared to its rivals. Please confirm Akr Corporindo Tbk jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if Akr Corporindo Tbk is priced correctly, providing market reflects its regular price of 1715.0 per share.
Akr Corporindo Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Akr, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AkrAkr |
Akr Corporindo 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.
Akr Corporindo Tbk Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Akr Corporindo Tbk volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Akr Corporindo Tbk Trend Analysis
Use this graph to draw trend lines for Akr Corporindo Tbk. You can use it to identify possible trend reversals for Akr Corporindo 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 Akr Corporindo price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Akr Corporindo Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Akr Corporindo Tbk applied against its price change over selected period. The best fit line has a slop of 4.47 , which means Akr Corporindo Tbk will continue producing value for investors. It has 122 observation points and a regression sum of squares at 755897.58, which is the sum of squared deviations for the predicted Akr Corporindo price change compared to its average price change.About Akr Corporindo 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 Akr Corporindo 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 Akr Corporindo Tbk based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Akr Corporindo Tbk price pattern first instead of the macroeconomic environment surrounding Akr Corporindo Tbk. By analyzing Akr Corporindo'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 Akr Corporindo'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 Akr Corporindo specific price patterns or momentum indicators. Please read more on our technical analysis page.
Akr Corporindo March 28, 2024 Technical Indicators
Most technical analysis of Akr 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 Akr from various momentum indicators to cycle indicators. When you analyze Akr 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 | 0.119 | |||
Market Risk Adjusted Performance | 1.04 | |||
Mean Deviation | 0.9325 | |||
Semi Deviation | 1.02 | |||
Downside Deviation | 1.6 | |||
Coefficient Of Variation | 490.84 | |||
Standard Deviation | 1.32 | |||
Variance | 1.74 | |||
Information Ratio | 0.102 | |||
Jensen Alpha | 0.2275 | |||
Total Risk Alpha | (0.04) | |||
Sortino Ratio | 0.0843 | |||
Treynor Ratio | 1.03 | |||
Maximum Drawdown | 8.52 | |||
Value At Risk | (1.96) | |||
Potential Upside | 2.29 | |||
Downside Variance | 2.55 | |||
Semi Variance | 1.04 | |||
Expected Short fall | (1.23) | |||
Skewness | (0.20) | |||
Kurtosis | 2.67 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Akr Corporindo 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Akr Stock analysis
When running Akr Corporindo's price analysis, check to measure Akr Corporindo'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 Akr Corporindo is operating at the current time. Most of Akr Corporindo's value examination focuses on studying past and present price action to predict the probability of Akr Corporindo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Akr Corporindo's price. Additionally, you may evaluate how the addition of Akr Corporindo to your portfolios can decrease your overall portfolio volatility.
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