Pt Astra International Stock Technical Analysis
PTAIF Stock | USD 0.32 0 1.38% |
As of the 25th of April, PT Astra owns the market risk adjusted performance of (0.39), and Information Ratio of (0.14). Concerning fundamental indicators, the technical analysis model allows you to check potential technical drivers of PT Astra International, as well as the relationship between them. Strictly speaking, you can use this information to find out if the company will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to collect and analyze data for twelve technical drivers for PT Astra, which can be compared to its peers in the sector. Please check PT Astra International coefficient of variation, as well as the relationship between the total risk alpha and value at risk to decide if PT Astra International is priced more or less accurately, providing market reflects its prevailing price of 0.3244 per share. As PT Astra International appears to be a penny stock we also advise to check out its jensen alpha numbers.
PT Astra Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as PTAIF, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PTAIFPTAIF |
PT Astra 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.
PT Astra International Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 PT Astra International volatility. High ATR values indicate high volatility, and low values indicate low volatility.
PT Astra International Trend Analysis
Use this graph to draw trend lines for PT Astra International. You can use it to identify possible trend reversals for PT Astra 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 PT Astra price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.PT Astra Best Fit Change Line
The following chart estimates an ordinary least squares regression model for PT Astra International applied against its price change over selected period. The best fit line has a slop of 0.0004 , which may suggest that PT Astra International market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted PT Astra price change compared to its average price change.About PT Astra 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 PT Astra International 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 PT Astra International based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on PT Astra International price pattern first instead of the macroeconomic environment surrounding PT Astra International. By analyzing PT Astra'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 PT Astra'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 PT Astra specific price patterns or momentum indicators. Please read more on our technical analysis page.
PT Astra April 25, 2024 Technical Indicators
Most technical analysis of PTAIF 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 PTAIF from various momentum indicators to cycle indicators. When you analyze PTAIF 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 | (0.04) | |||
Market Risk Adjusted Performance | (0.39) | |||
Mean Deviation | 0.5255 | |||
Coefficient Of Variation | (1,253) | |||
Standard Deviation | 1.55 | |||
Variance | 2.4 | |||
Information Ratio | (0.14) | |||
Jensen Alpha | (0.16) | |||
Total Risk Alpha | (0.35) | |||
Treynor Ratio | (0.40) | |||
Maximum Drawdown | 9.48 | |||
Value At Risk | (2.86) | |||
Skewness | (1.74) | |||
Kurtosis | 20.1 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PT Astra International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for PTAIF Pink Sheet analysis
When running PT Astra's price analysis, check to measure PT Astra'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 PT Astra is operating at the current time. Most of PT Astra's value examination focuses on studying past and present price action to predict the probability of PT Astra's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PT Astra's price. Additionally, you may evaluate how the addition of PT Astra to your portfolios can decrease your overall portfolio volatility.
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