Prima Globalindo (Indonesia) Technical Analysis
| PPGL Stock | IDR 106.00 1.00 0.95% |
As of the 29th of December, Prima Globalindo holds the Risk Adjusted Performance of 0.0384, semi deviation of 0.7706, and Coefficient Of Variation of 2220.1. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Prima Globalindo, as well as the relationship between them.
Prima Globalindo Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Prima, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PrimaPrima |
Prima Globalindo 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.
Prima Globalindo Logistik 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 Prima Globalindo Logistik volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Prima Globalindo Logistik Trend Analysis
Use this graph to draw trend lines for Prima Globalindo Logistik. You can use it to identify possible trend reversals for Prima Globalindo 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 Prima Globalindo price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Prima Globalindo Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Prima Globalindo Logistik applied against its price change over selected period. The best fit line has a slop of 0.04 , which may suggest that Prima Globalindo Logistik market price will keep on failing further. It has 122 observation points and a regression sum of squares at 59.52, which is the sum of squared deviations for the predicted Prima Globalindo price change compared to its average price change.About Prima Globalindo 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 Prima Globalindo Logistik 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 Prima Globalindo Logistik based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Prima Globalindo Logistik price pattern first instead of the macroeconomic environment surrounding Prima Globalindo Logistik. By analyzing Prima Globalindo'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 Prima Globalindo'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 Prima Globalindo specific price patterns or momentum indicators. Please read more on our technical analysis page.
Prima Globalindo December 29, 2024 Technical Indicators
Most technical analysis of Prima 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 Prima from various momentum indicators to cycle indicators. When you analyze Prima 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 | 0.0384 | |||
| Market Risk Adjusted Performance | (0.17) | |||
| Mean Deviation | 0.676 | |||
| Semi Deviation | 0.7706 | |||
| Downside Deviation | 1.56 | |||
| Coefficient Of Variation | 2220.1 | |||
| Standard Deviation | 1.07 | |||
| Variance | 1.14 | |||
| Information Ratio | 0.0149 | |||
| Jensen Alpha | 0.0427 | |||
| Total Risk Alpha | 0.0084 | |||
| Sortino Ratio | 0.0102 | |||
| Treynor Ratio | (0.18) | |||
| Maximum Drawdown | 4.88 | |||
| Value At Risk | (1.90) | |||
| Potential Upside | 1.94 | |||
| Downside Variance | 2.42 | |||
| Semi Variance | 0.5938 | |||
| Expected Short fall | (1.44) | |||
| Skewness | 0.4234 | |||
| Kurtosis | 1.26 |
Other Information on Investing in Prima Stock
Prima Globalindo financial ratios help investors to determine whether Prima 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 Prima with respect to the benefits of owning Prima Globalindo security.