Vale Indonesia Tbk Stock Technical Analysis
| PTNDY Stock | USD 13.02 0.00 0.00% |
As of the 28th of April, Vale Indonesia has the Risk Adjusted Performance of 0.0023, coefficient of variation of (36,991), and Variance of 1.07. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Vale Indonesia Tbk, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to break down eleven technical drivers for Vale Indonesia Tbk, which can be compared to its competition. Please validate Vale Indonesia Tbk risk adjusted performance and total risk alpha to decide if Vale Indonesia is priced more or less accurately, providing market reflects its prevalent price of 13.02 per share. Given that Vale Indonesia Tbk has variance of 1.07, we advise you to double-check Vale Indonesia Tbk's current market performance to make sure the company can sustain itself at a future point.
Vale 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 Vale, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ValeVale |
Vale Indonesia 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.
Vale Indonesia Tbk Technical Analysis
The output start index for this execution was seven with a total number of output elements of fifty-four. 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 Vale Indonesia Tbk volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Vale Indonesia Tbk Trend Analysis
Use this graph to draw trend lines for Vale Indonesia Tbk. You can use it to identify possible trend reversals for Vale 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 Vale Indonesia price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Vale Indonesia Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Vale Indonesia Tbk applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Vale Indonesia Tbk will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1.8, which is the sum of squared deviations for the predicted Vale Indonesia price change compared to its average price change.About Vale 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 Vale Indonesia 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 Vale Indonesia Tbk based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Vale Indonesia Tbk price pattern first instead of the macroeconomic environment surrounding Vale Indonesia Tbk. By analyzing Vale 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 Vale 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 Vale Indonesia specific price patterns or momentum indicators. Please read more on our technical analysis page.
Vale Indonesia April 28, 2024 Technical Indicators
Most technical analysis of Vale 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 Vale from various momentum indicators to cycle indicators. When you analyze Vale 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 | 0.0023 | |||
| Market Risk Adjusted Performance | (0.05) | |||
| Mean Deviation | 0.2268 | |||
| Coefficient Of Variation | (36,991) | |||
| Standard Deviation | 1.03 | |||
| Variance | 1.07 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.06) | |||
| Maximum Drawdown | 6.19 | |||
| Skewness | (1.59) | |||
| Kurtosis | 27.17 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Vale Indonesia 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 unemployment. Note that the Vale Indonesia Tbk information on this page should be used as a complementary analysis to other Vale Indonesia's 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 Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Vale Pink Sheet analysis
When running Vale Indonesia's price analysis, check to measure Vale 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 Vale Indonesia is operating at the current time. Most of Vale Indonesia's value examination focuses on studying past and present price action to predict the probability of Vale 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 Vale Indonesia's price. Additionally, you may evaluate how the addition of Vale Indonesia to your portfolios can decrease your overall portfolio volatility.
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