Ancora Indonesia (Indonesia) Technical Analysis

OKAS Stock  IDR 82.00  1.00  1.23%   
As of the 24th of April, Ancora Indonesia shows the risk adjusted performance of (0.13), and Mean Deviation of 1.36. In respect to fundamental indicators, the technical analysis model gives you tools to check existing technical drivers of Ancora Indonesia, as well as the relationship between them. 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 thirteen technical drivers for Ancora Indonesia Resources, which can be compared to its peers. Please confirm Ancora Indonesia Res variance, treynor ratio, and the relationship between the standard deviation and information ratio to decide if Ancora Indonesia Res is priced correctly, providing market reflects its regular price of 82.0 per share.

Ancora Indonesia Momentum Analysis

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

Ancora Indonesia Res Technical Analysis

Indicator
Time Period
Execute Indicator
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 Ancora Indonesia Res volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Ancora Indonesia Res Trend Analysis

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

Ancora Indonesia Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Ancora Indonesia Resources applied against its price change over selected period. The best fit line has a slop of   0.41  , which may suggest that Ancora Indonesia Resources market price will keep on failing further. It has 122 observation points and a regression sum of squares at 6221.99, which is the sum of squared deviations for the predicted Ancora Indonesia price change compared to its average price change.

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

Ancora Indonesia April 24, 2024 Technical Indicators

Most technical analysis of Ancora 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 Ancora from various momentum indicators to cycle indicators. When you analyze Ancora 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ancora Indonesia Resources. 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for Ancora Stock analysis

When running Ancora Indonesia's price analysis, check to measure Ancora Indonesia'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 Ancora Indonesia is operating at the current time. Most of Ancora Indonesia's value examination focuses on studying past and present price action to predict the probability of Ancora Indonesia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ancora Indonesia's price. Additionally, you may evaluate how the addition of Ancora Indonesia to your portfolios can decrease your overall portfolio volatility.
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Fundamental Analysis
View fundamental data based on most recent published financial statements
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Commodity Directory
Find actively traded commodities issued by global exchanges
Please note, there is a significant difference between Ancora Indonesia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ancora Indonesia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ancora Indonesia'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.