Park24 Co Ltd Stock Technical Analysis
| PKCOY Stock | USD 11.79 0.03 0.26% |
As of the 19th of April, Park24 Co holds the Coefficient Of Variation of (1,266), risk adjusted performance of (0.04), and Variance of 1.7. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Park24 Co, 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 break down and interpolate data for thirteen technical drivers for Park24 Co, which can be compared to its competitors. Please check Park24 Co risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and kurtosis to decide if Park24 Co is priced some-what accurately, providing market reflects its current price of 11.79 per share. Given that Park24 Co has information ratio of (0.13), we recommend you to check out Park24 Co's recent market performance to make sure the company can sustain itself at a future point.
Park24 Co Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Park24, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Park24Park24 |
Park24 Co technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Park24 Co 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 Park24 Co volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Park24 Co Trend Analysis
Use this graph to draw trend lines for Park24 Co Ltd. You can use it to identify possible trend reversals for Park24 Co 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 Park24 Co price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Park24 Co Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Park24 Co Ltd applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that Park24 Co Ltd market price will keep on failing further. It has 122 observation points and a regression sum of squares at 20.32, which is the sum of squared deviations for the predicted Park24 Co price change compared to its average price change.About Park24 Co 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 Park24 Co Ltd 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 Park24 Co Ltd based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Park24 Co price pattern first instead of the macroeconomic environment surrounding Park24 Co. By analyzing Park24 Co'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 Park24 Co'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 Park24 Co specific price patterns or momentum indicators. Please read more on our technical analysis page.
Park24 Co April 19, 2024 Technical Indicators
Most technical analysis of Park24 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 Park24 from various momentum indicators to cycle indicators. When you analyze Park24 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 | (0.04) | |||
| Market Risk Adjusted Performance | (0.38) | |||
| Mean Deviation | 0.5737 | |||
| Coefficient Of Variation | (1,266) | |||
| Standard Deviation | 1.3 | |||
| Variance | 1.7 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.39) | |||
| Maximum Drawdown | 9.43 | |||
| Value At Risk | (2.03) | |||
| Potential Upside | 2.16 | |||
| Skewness | (1.68) | |||
| Kurtosis | 14.2 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Park24 Co Ltd. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Park24 Pink Sheet analysis
When running Park24 Co's price analysis, check to measure Park24 Co'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 Park24 Co is operating at the current time. Most of Park24 Co's value examination focuses on studying past and present price action to predict the probability of Park24 Co's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Park24 Co's price. Additionally, you may evaluate how the addition of Park24 Co to your portfolios can decrease your overall portfolio volatility.
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