Gudang Garam (Indonesia) Technical Analysis
| GGRM Stock | IDR 12,550 275.00 2.14% |
As of the 3rd of December, Gudang Garam retains the Market Risk Adjusted Performance of (1.17), risk adjusted performance of (0.16), and Standard Deviation of 1.5. Gudang Garam 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.
Gudang Garam Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Gudang, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GudangGudang |
Gudang Garam 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.
Gudang Garam Tbk Technical Analysis
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. 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 Gudang Garam Tbk volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Gudang Garam Tbk Trend Analysis
Use this graph to draw trend lines for Gudang Garam Tbk. You can use it to identify possible trend reversals for Gudang Garam 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 Gudang Garam price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Gudang Garam Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Gudang Garam Tbk applied against its price change over selected period. The best fit line has a slop of 67.13 , which may suggest that Gudang Garam Tbk market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.7041241909E8, which is the sum of squared deviations for the predicted Gudang Garam price change compared to its average price change.About Gudang Garam 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 Gudang Garam 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 Gudang Garam Tbk based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Gudang Garam Tbk price pattern first instead of the macroeconomic environment surrounding Gudang Garam Tbk. By analyzing Gudang Garam'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 Gudang Garam'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 Gudang Garam specific price patterns or momentum indicators. Please read more on our technical analysis page.
Gudang Garam December 3, 2024 Technical Indicators
Most technical analysis of Gudang 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 Gudang from various momentum indicators to cycle indicators. When you analyze Gudang 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 | (0.16) | |||
| Market Risk Adjusted Performance | (1.17) | |||
| Mean Deviation | 0.9382 | |||
| Coefficient Of Variation | (462.70) | |||
| Standard Deviation | 1.5 | |||
| Variance | 2.26 | |||
| Information Ratio | (0.30) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | (1.18) | |||
| Maximum Drawdown | 10.12 | |||
| Value At Risk | (2.66) | |||
| Potential Upside | 1.89 | |||
| Skewness | 1.25 | |||
| Kurtosis | 5.56 |
Other Information on Investing in Gudang Stock
Gudang Garam financial ratios help investors to determine whether Gudang Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Gudang with respect to the benefits of owning Gudang Garam security.