Cowealth Medical (Taiwan) Technical Analysis
4745 Stock | TWD 23.30 0.05 0.21% |
As of the 26th of April, Cowealth Medical shows the Standard Deviation of 0.417, risk adjusted performance of (0.22), and Mean Deviation of 0.305. Cowealth Medical Holding technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Cowealth Medical Holding, which can be compared to its peers. Please confirm Cowealth Medical Holding value at risk, skewness, and the relationship between the maximum drawdown and potential upside to decide if Cowealth Medical Holding is priced correctly, providing market reflects its regular price of 23.3 per share.
Cowealth Medical Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Cowealth, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CowealthCowealth |
Cowealth Medical 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.
Cowealth Medical Holding Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Cowealth Medical Holding volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Cowealth Medical Holding Trend Analysis
Use this graph to draw trend lines for Cowealth Medical Holding. You can use it to identify possible trend reversals for Cowealth Medical 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 Cowealth Medical price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Cowealth Medical Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Cowealth Medical Holding applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that Cowealth Medical Holding market price will keep on failing further. It has 122 observation points and a regression sum of squares at 45.3, which is the sum of squared deviations for the predicted Cowealth Medical price change compared to its average price change.About Cowealth Medical 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 Cowealth Medical Holding 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 Cowealth Medical Holding based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Cowealth Medical Holding price pattern first instead of the macroeconomic environment surrounding Cowealth Medical Holding. By analyzing Cowealth Medical'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 Cowealth Medical'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 Cowealth Medical specific price patterns or momentum indicators. Please read more on our technical analysis page.
Cowealth Medical April 26, 2024 Technical Indicators
Most technical analysis of Cowealth 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 Cowealth from various momentum indicators to cycle indicators. When you analyze Cowealth 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 | (0.22) | |||
Market Risk Adjusted Performance | (14.19) | |||
Mean Deviation | 0.305 | |||
Coefficient Of Variation | (296.73) | |||
Standard Deviation | 0.417 | |||
Variance | 0.1739 | |||
Information Ratio | (0.54) | |||
Jensen Alpha | (0.15) | |||
Total Risk Alpha | (0.20) | |||
Treynor Ratio | (14.20) | |||
Maximum Drawdown | 2.05 | |||
Value At Risk | (1.06) | |||
Potential Upside | 0.6036 | |||
Skewness | (0.73) | |||
Kurtosis | 1.96 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cowealth Medical Holding. 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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Cowealth Stock analysis
When running Cowealth Medical's price analysis, check to measure Cowealth Medical'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 Cowealth Medical is operating at the current time. Most of Cowealth Medical's value examination focuses on studying past and present price action to predict the probability of Cowealth Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cowealth Medical's price. Additionally, you may evaluate how the addition of Cowealth Medical to your portfolios can decrease your overall portfolio volatility.
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope |