Pyridam Farma (Indonesia) Technical Analysis

PYFA Stock  IDR 520.00  165.00  24.09%   
As of the 19th of April, Pyridam Farma holds the Risk Adjusted Performance of (0.04), coefficient of variation of (1,284), and Variance of 50.96. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Pyridam Farma, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Pyridam Farma Tbk, which can be compared to its competitors. Please check Pyridam Farma Tbk coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if Pyridam Farma Tbk is priced some-what accurately, providing market reflects its current price of 520.0 per share.

Pyridam Farma Momentum Analysis

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

Pyridam Farma Tbk Technical Analysis

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Pyridam Farma Tbk Trend Analysis

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

Pyridam Farma Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Pyridam Farma Tbk applied against its price change over selected period. The best fit line has a slop of   5.27  , which may suggest that Pyridam Farma Tbk market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1051410.58, which is the sum of squared deviations for the predicted Pyridam Farma price change compared to its average price change.

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

Pyridam Farma April 19, 2024 Technical Indicators

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

Pyridam Farma April 19, 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 Pyridam 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 Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for Pyridam Stock analysis

When running Pyridam Farma's price analysis, check to measure Pyridam Farma'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 Pyridam Farma is operating at the current time. Most of Pyridam Farma's value examination focuses on studying past and present price action to predict the probability of Pyridam Farma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pyridam Farma's price. Additionally, you may evaluate how the addition of Pyridam Farma to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Pyridam Farma's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pyridam Farma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pyridam Farma'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.