Cemindo Gemilang (Indonesia) Technical Analysis
| CMNT Stock | 980.00 20.00 2.00% |
As of the 15th of December 2024, Cemindo Gemilang shows the Mean Deviation of 1.34, risk adjusted performance of (0.04), and Standard Deviation of 1.98. Cemindo Gemilang Tbk 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.
Cemindo Gemilang Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Cemindo, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CemindoCemindo |
Cemindo Gemilang 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.
Cemindo Gemilang Tbk Technical Analysis
The output start index for this execution was thirty with a total number of output elements of thirty-one. 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 Cemindo Gemilang Tbk volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Cemindo Gemilang Tbk Trend Analysis
Use this graph to draw trend lines for Cemindo Gemilang Tbk. You can use it to identify possible trend reversals for Cemindo Gemilang 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 Cemindo Gemilang price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Cemindo Gemilang Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Cemindo Gemilang Tbk applied against its price change over selected period. The best fit line has a slop of 0.52 , which may suggest that Cemindo Gemilang Tbk market price will keep on failing further. It has 122 observation points and a regression sum of squares at 10188.71, which is the sum of squared deviations for the predicted Cemindo Gemilang price change compared to its average price change.About Cemindo Gemilang 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 Cemindo Gemilang 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 Cemindo Gemilang Tbk based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Cemindo Gemilang Tbk price pattern first instead of the macroeconomic environment surrounding Cemindo Gemilang Tbk. By analyzing Cemindo Gemilang'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 Cemindo Gemilang'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 Cemindo Gemilang specific price patterns or momentum indicators. Please read more on our technical analysis page.
Cemindo Gemilang December 15, 2024 Technical Indicators
Most technical analysis of Cemindo 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 Cemindo from various momentum indicators to cycle indicators. When you analyze Cemindo 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 | 0.4546 | |||
| Mean Deviation | 1.34 | |||
| Coefficient Of Variation | (1,464) | |||
| Standard Deviation | 1.98 | |||
| Variance | 3.91 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | 0.4446 | |||
| Maximum Drawdown | 12.24 | |||
| Value At Risk | (3.45) | |||
| Potential Upside | 2.01 | |||
| Skewness | 0.9747 | |||
| Kurtosis | 5.79 |
Other Information on Investing in Cemindo Stock
Cemindo Gemilang financial ratios help investors to determine whether Cemindo 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 Cemindo with respect to the benefits of owning Cemindo Gemilang security.