Royal Prima (Indonesia) Technical Analysis
| PRIM Stock | 77.00 1.00 1.28% |
As of the 18th of April 2024, Royal Prima holds the Variance of 6.56, risk adjusted performance of (0.03), and Coefficient Of Variation of (1,502). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Royal Prima, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Royal Prima PT, which can be compared to its competitors. Please check Royal Prima PT coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if Royal Prima PT is priced some-what accurately, providing market reflects its current price of 77.0 per share.
Royal Prima Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Royal, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RoyalRoyal |
Royal Prima 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.
Royal Prima PT Technical Analysis
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Royal Prima PT Trend Analysis
Use this graph to draw trend lines for Royal Prima PT. You can use it to identify possible trend reversals for Royal Prima 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 Royal Prima price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Royal Prima Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Royal Prima PT applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Royal Prima PT will continue generating value for investors. It has 122 observation points and a regression sum of squares at 5.17, which is the sum of squared deviations for the predicted Royal Prima price change compared to its average price change.About Royal Prima 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 Royal Prima PT 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 Royal Prima PT based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Royal Prima PT price pattern first instead of the macroeconomic environment surrounding Royal Prima PT. By analyzing Royal Prima'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 Royal Prima'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 Royal Prima specific price patterns or momentum indicators. Please read more on our technical analysis page.
Royal Prima April 18, 2024 Technical Indicators
Most technical analysis of Royal 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 Royal from various momentum indicators to cycle indicators. When you analyze Royal 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 | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | 0.7592 | |||
| Mean Deviation | 1.75 | |||
| Coefficient Of Variation | (1,502) | |||
| Standard Deviation | 2.56 | |||
| Variance | 6.56 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | 0.7492 | |||
| Maximum Drawdown | 14.35 | |||
| Value At Risk | (3.75) | |||
| Potential Upside | 2.86 | |||
| Skewness | 1.43 | |||
| Kurtosis | 4.84 |
Check out Your Equity Center to better understand how to build diversified portfolios. 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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for Royal Stock analysis
When running Royal Prima's price analysis, check to measure Royal Prima'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 Royal Prima is operating at the current time. Most of Royal Prima's value examination focuses on studying past and present price action to predict the probability of Royal Prima's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Royal Prima's price. Additionally, you may evaluate how the addition of Royal Prima to your portfolios can decrease your overall portfolio volatility.
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