Yuanta EURO (Taiwan) Technical Analysis
00660 Etf | TWD 36.56 0.26 0.72% |
As of the 28th of March, Yuanta EURO maintains the Mean Deviation of 0.4736, downside deviation of 0.5433, and Market Risk Adjusted Performance of 28.38. Yuanta EURO STOXX technical analysis makes it possible for you to employ past prices and volume data with the intention to determine a pattern that calculates the direction of the etf's future prices. Specifically, you can use this information to find out if the etf will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Yuanta EURO STOXX, which can be compared to its rivals. Please check out Yuanta EURO STOXX semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation to decide if Yuanta EURO STOXX is priced fairly, providing market reflects its latest price of 36.56 per share.
Yuanta EURO Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Yuanta, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to YuantaYuanta |
Yuanta EURO technical etf 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, etf market cycles, or different charting patterns.
Yuanta EURO STOXX Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Yuanta EURO STOXX volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Yuanta EURO STOXX Trend Analysis
Use this graph to draw trend lines for Yuanta EURO STOXX. You can use it to identify possible trend reversals for Yuanta EURO 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 Yuanta EURO price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Yuanta EURO Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Yuanta EURO STOXX applied against its price change over selected period. The best fit line has a slop of 0.08 , which means Yuanta EURO STOXX will continue generating value for investors. It has 122 observation points and a regression sum of squares at 222.01, which is the sum of squared deviations for the predicted Yuanta EURO price change compared to its average price change.About Yuanta EURO 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 Yuanta EURO STOXX 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 Yuanta EURO STOXX based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Yuanta EURO STOXX price pattern first instead of the macroeconomic environment surrounding Yuanta EURO STOXX. By analyzing Yuanta EURO'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 Yuanta EURO'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 Yuanta EURO specific price patterns or momentum indicators. Please read more on our technical analysis page.
Yuanta EURO March 28, 2024 Technical Indicators
Most technical analysis of Yuanta 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 Yuanta from various momentum indicators to cycle indicators. When you analyze Yuanta 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 | 0.1336 | |||
Market Risk Adjusted Performance | 28.38 | |||
Mean Deviation | 0.4736 | |||
Semi Deviation | 0.237 | |||
Downside Deviation | 0.5433 | |||
Coefficient Of Variation | 418.75 | |||
Standard Deviation | 0.6122 | |||
Variance | 0.3748 | |||
Information Ratio | 0.0195 | |||
Jensen Alpha | 0.1356 | |||
Total Risk Alpha | (0.0008) | |||
Sortino Ratio | 0.0219 | |||
Treynor Ratio | 28.37 | |||
Maximum Drawdown | 2.88 | |||
Value At Risk | (1.05) | |||
Potential Upside | 1.11 | |||
Downside Variance | 0.2952 | |||
Semi Variance | 0.0561 | |||
Expected Short fall | (0.63) | |||
Skewness | 0.2383 | |||
Kurtosis | 0.2894 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Yuanta EURO STOXX. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Yuanta Etf analysis
When running Yuanta EURO's price analysis, check to measure Yuanta EURO's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Yuanta EURO is operating at the current time. Most of Yuanta EURO's value examination focuses on studying past and present price action to predict the probability of Yuanta EURO's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yuanta EURO's price. Additionally, you may evaluate how the addition of Yuanta EURO to your portfolios can decrease your overall portfolio volatility.
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