Taiwan Kong (Taiwan) Technical Analysis
| 3093 Stock | TWD 30.65 0.25 0.16% |
As of the 6th of May, Taiwan Kong has the Variance of 0.5494, risk adjusted performance of (0.02), and Coefficient Of Variation of (2,422). Taiwan Kong technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Taiwan Kong King, which can be compared to its competition. Please validate Taiwan Kong King mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Taiwan Kong is priced more or less accurately, providing market reflects its prevalent price of 30.3 per share.
Taiwan Kong Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Taiwan, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TaiwanTaiwan |
Taiwan Kong 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.
Taiwan Kong King 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 Taiwan Kong King volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Taiwan Kong King Trend Analysis
Use this graph to draw trend lines for Taiwan Kong King. You can use it to identify possible trend reversals for Taiwan Kong 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 Taiwan Kong price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Taiwan Kong Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Taiwan Kong King applied against its price change over selected period. The best fit line has a slop of 0.0022 , which may suggest that Taiwan Kong King market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.18, which is the sum of squared deviations for the predicted Taiwan Kong price change compared to its average price change.About Taiwan Kong 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 Taiwan Kong King 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 Taiwan Kong King based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Taiwan Kong King price pattern first instead of the macroeconomic environment surrounding Taiwan Kong King. By analyzing Taiwan Kong'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 Taiwan Kong'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 Taiwan Kong specific price patterns or momentum indicators. Please read more on our technical analysis page.
Taiwan Kong May 6, 2024 Technical Indicators
Most technical analysis of Taiwan 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 Taiwan from various momentum indicators to cycle indicators. When you analyze Taiwan 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 | (0.02) | |||
| Market Risk Adjusted Performance | (2.93) | |||
| Mean Deviation | 0.5147 | |||
| Coefficient Of Variation | (2,422) | |||
| Standard Deviation | 0.7412 | |||
| Variance | 0.5494 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (2.94) | |||
| Maximum Drawdown | 4.1 | |||
| Value At Risk | (1.30) | |||
| Potential Upside | 1.29 | |||
| Skewness | (0.1) | |||
| Kurtosis | 1.65 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Taiwan Kong King. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Taiwan Stock analysis
When running Taiwan Kong's price analysis, check to measure Taiwan Kong'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 Taiwan Kong is operating at the current time. Most of Taiwan Kong's value examination focuses on studying past and present price action to predict the probability of Taiwan Kong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taiwan Kong's price. Additionally, you may evaluate how the addition of Taiwan Kong to your portfolios can decrease your overall portfolio volatility.
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