Asahi Kasei Stock Technical Analysis
| AHKSF Stock | USD 7.10 0.17 2.45% |
As of the 19th of April, Asahi Kasei shows the risk adjusted performance of (0), and Mean Deviation of 1.14. Asahi Kasei technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We are able to interpolate and collect thirteen technical drivers for Asahi Kasei, which can be compared to its peers. Please confirm Asahi Kasei standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if Asahi Kasei is priced correctly, providing market reflects its regular price of 7.1 per share. Given that Asahi Kasei has information ratio of (0.05), we suggest you to validate Asahi Kasei's prevailing market performance to make sure the company can sustain itself at a future point.
Asahi Kasei Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Asahi, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AsahiAsahi |
Asahi Kasei 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.
Asahi Kasei Technical Analysis
The output start index for this execution was fifty with a total number of output elements of eleven. 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 Asahi Kasei volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Asahi Kasei Trend Analysis
Use this graph to draw trend lines for Asahi Kasei. You can use it to identify possible trend reversals for Asahi Kasei 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 Asahi Kasei price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Asahi Kasei Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Asahi Kasei applied against its price change over selected period. The best fit line has a slop of 0.0008 , which means Asahi Kasei will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.02, which is the sum of squared deviations for the predicted Asahi Kasei price change compared to its average price change.About Asahi Kasei 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 Asahi Kasei 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 Asahi Kasei based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Asahi Kasei price pattern first instead of the macroeconomic environment surrounding Asahi Kasei. By analyzing Asahi Kasei'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 Asahi Kasei'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 Asahi Kasei specific price patterns or momentum indicators. Please read more on our technical analysis page.
Asahi Kasei April 19, 2024 Technical Indicators
Most technical analysis of Asahi 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 Asahi from various momentum indicators to cycle indicators. When you analyze Asahi 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) | |||
| Market Risk Adjusted Performance | 0.2419 | |||
| Mean Deviation | 1.14 | |||
| Coefficient Of Variation | (5,480) | |||
| Standard Deviation | 2.22 | |||
| Variance | 4.91 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | 0.2319 | |||
| Maximum Drawdown | 12.24 | |||
| Value At Risk | (4.38) | |||
| Potential Upside | 3.5 | |||
| Skewness | (0.15) | |||
| Kurtosis | 3.46 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asahi Kasei. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for Asahi Pink Sheet analysis
When running Asahi Kasei's price analysis, check to measure Asahi Kasei'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 Asahi Kasei is operating at the current time. Most of Asahi Kasei's value examination focuses on studying past and present price action to predict the probability of Asahi Kasei's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asahi Kasei's price. Additionally, you may evaluate how the addition of Asahi Kasei to your portfolios can decrease your overall portfolio volatility.
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