Multi Medika (Indonesia) Technical Analysis
| MMIX Stock | 99.00 9.00 10.00% |
As of the 28th of December, Multi Medika secures the Downside Deviation of 4.44, mean deviation of 3.81, and Risk Adjusted Performance of 0.0937. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Multi Medika Interna, as well as the relationship between them.
Multi Medika Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Multi, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MultiMulti |
Multi Medika 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.
Multi Medika Interna Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Multi Medika Interna volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Multi Medika Interna Trend Analysis
Use this graph to draw trend lines for Multi Medika Internasional. You can use it to identify possible trend reversals for Multi Medika 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 Multi Medika price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Multi Medika Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Multi Medika Internasional applied against its price change over selected period. The best fit line has a slop of 0.34 , which means Multi Medika Internasional will continue generating value for investors. It has 122 observation points and a regression sum of squares at 4494.7, which is the sum of squared deviations for the predicted Multi Medika price change compared to its average price change.About Multi Medika 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 Multi Medika Internasional 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 Multi Medika Internasional based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Multi Medika Interna price pattern first instead of the macroeconomic environment surrounding Multi Medika Interna. By analyzing Multi Medika'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 Multi Medika'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 Multi Medika specific price patterns or momentum indicators. Please read more on our technical analysis page.
Multi Medika December 28, 2024 Technical Indicators
Most technical analysis of Multi 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 Multi from various momentum indicators to cycle indicators. When you analyze Multi 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 | 0.0937 | |||
| Market Risk Adjusted Performance | (0.52) | |||
| Mean Deviation | 3.81 | |||
| Semi Deviation | 3.53 | |||
| Downside Deviation | 4.44 | |||
| Coefficient Of Variation | 937.59 | |||
| Standard Deviation | 6.12 | |||
| Variance | 37.45 | |||
| Information Ratio | 0.1014 | |||
| Jensen Alpha | 0.6697 | |||
| Total Risk Alpha | 0.4723 | |||
| Sortino Ratio | 0.1398 | |||
| Treynor Ratio | (0.53) | |||
| Maximum Drawdown | 47.78 | |||
| Value At Risk | (5.13) | |||
| Potential Upside | 10.0 | |||
| Downside Variance | 19.69 | |||
| Semi Variance | 12.46 | |||
| Expected Short fall | (6.12) | |||
| Skewness | 2.52 | |||
| Kurtosis | 13.27 |
Other Information on Investing in Multi Stock
Multi Medika financial ratios help investors to determine whether Multi 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 Multi with respect to the benefits of owning Multi Medika security.