Idemitsu Kosan Coltd Stock Technical Analysis

IDKOF Stock  USD 6.64  0.80  10.75%   
As of the 23rd of April, Idemitsu Kosan retains the Risk Adjusted Performance of (0.06), market risk adjusted performance of 1.58, and Standard Deviation of 21.72. Idemitsu Kosan 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 break down and interpolate data for thirteen technical drivers for Idemitsu Kosan CoLtd, which can be compared to its competitors. Please check out Idemitsu Kosan CoLtd mean deviation, information ratio, as well as the relationship between the Information Ratio and potential upside to decide if Idemitsu Kosan is priced fairly, providing market reflects its last-minute price of 6.64 per share. Given that Idemitsu Kosan CoLtd has information ratio of (0.11), we strongly advise you to confirm Idemitsu Kosan CoLtd's regular market performance to make sure the company can sustain itself at a future point.

Idemitsu Kosan Momentum Analysis

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

Idemitsu Kosan CoLtd Technical Analysis

Indicator
Time Period
Execute Indicator
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 Idemitsu Kosan CoLtd volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Idemitsu Kosan CoLtd Trend Analysis

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

Idemitsu Kosan Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Idemitsu Kosan CoLtd applied against its price change over selected period. The best fit line has a slop of   0.0033  , which may suggest that Idemitsu Kosan CoLtd market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.41, which is the sum of squared deviations for the predicted Idemitsu Kosan price change compared to its average price change.

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

Idemitsu Kosan April 23, 2024 Technical Indicators

Most technical analysis of Idemitsu 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 Idemitsu from various momentum indicators to cycle indicators. When you analyze Idemitsu 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.

Idemitsu Kosan April 23, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Idemitsu stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Idemitsu Kosan CoLtd. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Complementary Tools for Idemitsu OTC Stock analysis

When running Idemitsu Kosan's price analysis, check to measure Idemitsu Kosan'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 Idemitsu Kosan is operating at the current time. Most of Idemitsu Kosan's value examination focuses on studying past and present price action to predict the probability of Idemitsu Kosan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Idemitsu Kosan's price. Additionally, you may evaluate how the addition of Idemitsu Kosan to your portfolios can decrease your overall portfolio volatility.
Transaction History
View history of all your transactions and understand their impact on performance
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Please note, there is a significant difference between Idemitsu Kosan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Idemitsu Kosan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Idemitsu Kosan's 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.