Jtekt Stock Technical Analysis
| JTEKF Stock | USD 7.74 0.00 0.00% |
As of the 25th of April, JTEKT retains the Coefficient Of Variation of 787.4, market risk adjusted performance of 0.4989, and Risk Adjusted Performance of 0.0605. JTEKT 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 collect data for eleven technical drivers for JTEKT, which can be compared to its competitors. Please check out JTEKT mean deviation, total risk alpha, as well as the relationship between the Total Risk Alpha and kurtosis to decide if JTEKT is priced correctly, providing market reflects its last-minute price of 7.74 per share. Given that JTEKT has variance of 0.0471, we strongly advise you to confirm JTEKT's regular market performance to make sure the company can sustain itself at some point in the future.
JTEKT Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as JTEKT, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to JTEKTJTEKT |
JTEKT 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.
JTEKT 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 JTEKT volatility. High ATR values indicate high volatility, and low values indicate low volatility.
JTEKT Trend Analysis
Use this graph to draw trend lines for JTEKT. You can use it to identify possible trend reversals for JTEKT 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 JTEKT price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.JTEKT Best Fit Change Line
The following chart estimates an ordinary least squares regression model for JTEKT applied against its price change over selected period. The best fit line has a slop of 0 , which means JTEKT will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.28, which is the sum of squared deviations for the predicted JTEKT price change compared to its average price change.About JTEKT 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 JTEKT 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 JTEKT based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on JTEKT price pattern first instead of the macroeconomic environment surrounding JTEKT. By analyzing JTEKT'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 JTEKT'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 JTEKT specific price patterns or momentum indicators. Please read more on our technical analysis page.
JTEKT April 25, 2024 Technical Indicators
Most technical analysis of JTEKT 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 JTEKT from various momentum indicators to cycle indicators. When you analyze JTEKT 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 | 0.0605 | |||
| Market Risk Adjusted Performance | 0.4989 | |||
| Mean Deviation | 0.0542 | |||
| Coefficient Of Variation | 787.4 | |||
| Standard Deviation | 0.217 | |||
| Variance | 0.0471 | |||
| Information Ratio | (0.28) | |||
| Jensen Alpha | 0.0148 | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | 0.4889 | |||
| Maximum Drawdown | 1.71 | |||
| Skewness | 7.87 | |||
| Kurtosis | 62.0 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JTEKT. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for JTEKT Pink Sheet analysis
When running JTEKT's price analysis, check to measure JTEKT'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 JTEKT is operating at the current time. Most of JTEKT's value examination focuses on studying past and present price action to predict the probability of JTEKT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JTEKT's price. Additionally, you may evaluate how the addition of JTEKT to your portfolios can decrease your overall portfolio volatility.
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