Wooree Bio (Korea) Technical Analysis
082850 Stock | KRW 2,900 50.00 1.75% |
As of the 29th of March, Wooree Bio maintains the Downside Deviation of 2.61, market risk adjusted performance of (0.54), and Mean Deviation of 2.86. Wooree Bio CoLtd technical analysis makes it possible for you to employ past prices and volume data with the intention to determine a pattern that calculates the direction of the company's future prices. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Wooree Bio CoLtd, which can be compared to its rivals. Please check out Wooree Bio CoLtd downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Wooree Bio CoLtd is priced fairly, providing market reflects its latest price of 2900.0 per share.
Wooree Bio Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Wooree, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WooreeWooree |
Wooree Bio 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.
Wooree Bio CoLtd Technical Analysis
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 Wooree Bio CoLtd volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Wooree Bio CoLtd Trend Analysis
Use this graph to draw trend lines for Wooree Bio CoLtd. You can use it to identify possible trend reversals for Wooree Bio 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 Wooree Bio price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Wooree Bio Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Wooree Bio CoLtd applied against its price change over selected period. The best fit line has a slop of 11.03 , which may suggest that Wooree Bio CoLtd market price will keep on failing further. It has 122 observation points and a regression sum of squares at 4602878.71, which is the sum of squared deviations for the predicted Wooree Bio price change compared to its average price change.About Wooree Bio 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 Wooree Bio CoLtd 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 Wooree Bio CoLtd based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Wooree Bio CoLtd price pattern first instead of the macroeconomic environment surrounding Wooree Bio CoLtd. By analyzing Wooree Bio'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 Wooree Bio'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 Wooree Bio specific price patterns or momentum indicators. Please read more on our technical analysis page.
Wooree Bio March 29, 2024 Technical Indicators
Most technical analysis of Wooree 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 Wooree from various momentum indicators to cycle indicators. When you analyze Wooree 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 | 0.0384 | |||
Market Risk Adjusted Performance | (0.54) | |||
Mean Deviation | 2.86 | |||
Semi Deviation | 2.5 | |||
Downside Deviation | 2.61 | |||
Coefficient Of Variation | 1873.35 | |||
Standard Deviation | 4.48 | |||
Variance | 20.06 | |||
Information Ratio | 0.0233 | |||
Jensen Alpha | 0.281 | |||
Total Risk Alpha | (0.78) | |||
Sortino Ratio | 0.0399 | |||
Treynor Ratio | (0.55) | |||
Maximum Drawdown | 32.95 | |||
Value At Risk | (4.49) | |||
Potential Upside | 6.81 | |||
Downside Variance | 6.83 | |||
Semi Variance | 6.25 | |||
Expected Short fall | (4.17) | |||
Skewness | 3.19 | |||
Kurtosis | 16.56 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Wooree Bio CoLtd. 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 Wooree Bio CoLtd information on this page should be used as a complementary analysis to other Wooree Bio'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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Wooree Stock analysis
When running Wooree Bio's price analysis, check to measure Wooree Bio'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 Wooree Bio is operating at the current time. Most of Wooree Bio's value examination focuses on studying past and present price action to predict the probability of Wooree Bio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wooree Bio's price. Additionally, you may evaluate how the addition of Wooree Bio to your portfolios can decrease your overall portfolio volatility.
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