Mitra Energi (Indonesia) Technical Analysis
| KOPI Stock | IDR 630.00 15.00 2.33% |
As of the 12th of December 2024, Mitra Energi secures the Downside Deviation of 3.98, mean deviation of 3.48, and Risk Adjusted Performance of 0.12. Mitra Energi Persada technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices.
Mitra Energi Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Mitra, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MitraMitra |
Mitra Energi 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.
Mitra Energi Persada Technical Analysis
The output start index for this execution was fourty-two with a total number of output elements of nineteen. 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 Mitra Energi Persada volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Mitra Energi Persada Trend Analysis
Use this graph to draw trend lines for Mitra Energi Persada. You can use it to identify possible trend reversals for Mitra Energi 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 Mitra Energi price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Mitra Energi Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Mitra Energi Persada applied against its price change over selected period. The best fit line has a slop of 3.42 , which means Mitra Energi Persada will continue producing value for investors. It has 122 observation points and a regression sum of squares at 442916.17, which is the sum of squared deviations for the predicted Mitra Energi price change compared to its average price change.About Mitra Energi 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 Mitra Energi Persada 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 Mitra Energi Persada based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Mitra Energi Persada price pattern first instead of the macroeconomic environment surrounding Mitra Energi Persada. By analyzing Mitra Energi'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 Mitra Energi'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 Mitra Energi specific price patterns or momentum indicators. Please read more on our technical analysis page.
Mitra Energi December 12, 2024 Technical Indicators
Most technical analysis of Mitra 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 Mitra from various momentum indicators to cycle indicators. When you analyze Mitra 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 | 0.12 | |||
| Market Risk Adjusted Performance | 1.34 | |||
| Mean Deviation | 3.48 | |||
| Semi Deviation | 2.63 | |||
| Downside Deviation | 3.98 | |||
| Coefficient Of Variation | 648.87 | |||
| Standard Deviation | 5.5 | |||
| Variance | 30.25 | |||
| Information Ratio | 0.1315 | |||
| Jensen Alpha | 0.7653 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.1817 | |||
| Treynor Ratio | 1.33 | |||
| Maximum Drawdown | 32.0 | |||
| Value At Risk | (4.50) | |||
| Potential Upside | 10.4 | |||
| Downside Variance | 15.85 | |||
| Semi Variance | 6.93 | |||
| Expected Short fall | (6.27) | |||
| Skewness | 1.73 | |||
| Kurtosis | 4.52 |
Other Information on Investing in Mitra Stock
Mitra Energi financial ratios help investors to determine whether Mitra 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 Mitra with respect to the benefits of owning Mitra Energi security.