Indorama Ventures (Germany) Technical Analysis

I93A Stock  EUR 0.62  0.01  1.64%   
As of the 19th of May, Indorama Ventures retains the Risk Adjusted Performance of 0.0745, downside deviation of 4.26, and Market Risk Adjusted Performance of (5.38). Indorama Ventures technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Indorama Ventures PCL, which can be compared to its competitors. Please check out Indorama Ventures PCL coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if Indorama Ventures is priced fairly, providing market reflects its last-minute price of 0.62 per share.

Indorama Ventures Momentum Analysis

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

Indorama Ventures PCL Technical Analysis

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The output start index for this execution was twenty-four with a total number of output elements of thirty-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 Indorama Ventures PCL volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Indorama Ventures PCL Trend Analysis

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

Indorama Ventures Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Indorama Ventures PCL applied against its price change over selected period. The best fit line has a slop of    , which means Indorama Ventures PCL will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.3, which is the sum of squared deviations for the predicted Indorama Ventures price change compared to its average price change.

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

Indorama Ventures May 19, 2024 Technical Indicators

Most technical analysis of Indorama 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 Indorama from various momentum indicators to cycle indicators. When you analyze Indorama 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Indorama Ventures PCL. 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 Indorama Ventures PCL information on this page should be used as a complementary analysis to other Indorama Ventures' 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 CEOs Directory module to screen CEOs from public companies around the world.

Complementary Tools for Indorama Stock analysis

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