Unic Technology (Taiwan) Technical Analysis
5452 Stock | TWD 23.10 0.15 0.65% |
As of the 26th of April, Unic Technology has the Risk Adjusted Performance of 0.0244, coefficient of variation of 3840.22, and Semi Deviation of 2.57. Unic Technology 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 nineteen technical drivers for Unic Technology, which can be compared to its competition. Please validate Unic Technology mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Unic Technology is priced more or less accurately, providing market reflects its prevalent price of 23.1 per share.
Unic Technology Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Unic, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to UnicUnic |
Unic Technology 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.
Unic Technology Technical Analysis
The output start index for this execution was fourty-two with a total number of output elements of nineteen. 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 Unic Technology volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Unic Technology Trend Analysis
Use this graph to draw trend lines for Unic Technology. You can use it to identify possible trend reversals for Unic Technology 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 Unic Technology price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Unic Technology Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Unic Technology applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Unic Technology will continue generating value for investors. It has 122 observation points and a regression sum of squares at 11.61, which is the sum of squared deviations for the predicted Unic Technology price change compared to its average price change.About Unic Technology 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 Unic Technology 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 Unic Technology based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Unic Technology price pattern first instead of the macroeconomic environment surrounding Unic Technology. By analyzing Unic Technology'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 Unic Technology'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 Unic Technology specific price patterns or momentum indicators. Please read more on our technical analysis page.
Unic Technology April 26, 2024 Technical Indicators
Most technical analysis of Unic 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 Unic from various momentum indicators to cycle indicators. When you analyze Unic 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 | 0.0244 | |||
Market Risk Adjusted Performance | 0.3488 | |||
Mean Deviation | 2.1 | |||
Semi Deviation | 2.57 | |||
Downside Deviation | 2.95 | |||
Coefficient Of Variation | 3840.22 | |||
Standard Deviation | 3.31 | |||
Variance | 10.96 | |||
Information Ratio | (0.0005) | |||
Jensen Alpha | 0.0587 | |||
Total Risk Alpha | (0.34) | |||
Sortino Ratio | (0.0006) | |||
Treynor Ratio | 0.3388 | |||
Maximum Drawdown | 19.32 | |||
Value At Risk | (4.79) | |||
Potential Upside | 7.94 | |||
Downside Variance | 8.73 | |||
Semi Variance | 6.63 | |||
Expected Short fall | (2.76) | |||
Skewness | 0.8919 | |||
Kurtosis | 3.29 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Unic Technology. 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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Unic Stock analysis
When running Unic Technology's price analysis, check to measure Unic Technology'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 Unic Technology is operating at the current time. Most of Unic Technology's value examination focuses on studying past and present price action to predict the probability of Unic Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Unic Technology's price. Additionally, you may evaluate how the addition of Unic Technology to your portfolios can decrease your overall portfolio volatility.
Stocks Directory Find actively traded stocks across global markets | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Transaction History View history of all your transactions and understand their impact on performance | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |