Prosperity Dielectrics (Taiwan) Technical Analysis
| 6173 Stock | TWD 43.70 0.30 0.69% |
As of the 18th of April 2024, Prosperity Dielectrics holds the Coefficient Of Variation of (1,239), risk adjusted performance of (0.05), and Variance of 2.17. Prosperity Dielectrics technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the company's future prices. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Prosperity Dielectrics, which can be compared to its competitors. Please check Prosperity Dielectrics standard deviation, information ratio, maximum drawdown, as well as the relationship between the variance and treynor ratio to decide if Prosperity Dielectrics is priced some-what accurately, providing market reflects its current price of 43.7 per share.
Prosperity Dielectrics Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Prosperity, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ProsperityProsperity |
Prosperity Dielectrics 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.
Prosperity Dielectrics Technical Analysis
The output start index for this execution was four with a total number of output elements of fifty-seven. 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 Prosperity Dielectrics volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Prosperity Dielectrics Trend Analysis
Use this graph to draw trend lines for Prosperity Dielectrics Co. You can use it to identify possible trend reversals for Prosperity Dielectrics 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 Prosperity Dielectrics price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Prosperity Dielectrics Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Prosperity Dielectrics Co applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that Prosperity Dielectrics Co market price will keep on failing further. It has 122 observation points and a regression sum of squares at 15.33, which is the sum of squared deviations for the predicted Prosperity Dielectrics price change compared to its average price change.About Prosperity Dielectrics 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 Prosperity Dielectrics Co 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 Prosperity Dielectrics Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Prosperity Dielectrics price pattern first instead of the macroeconomic environment surrounding Prosperity Dielectrics. By analyzing Prosperity Dielectrics'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 Prosperity Dielectrics'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 Prosperity Dielectrics specific price patterns or momentum indicators. Please read more on our technical analysis page.
Prosperity Dielectrics April 18, 2024 Technical Indicators
Most technical analysis of Prosperity 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 Prosperity from various momentum indicators to cycle indicators. When you analyze Prosperity 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 | (0.05) | |||
| Market Risk Adjusted Performance | (0.34) | |||
| Mean Deviation | 1.08 | |||
| Coefficient Of Variation | (1,239) | |||
| Standard Deviation | 1.47 | |||
| Variance | 2.17 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.35) | |||
| Maximum Drawdown | 9.49 | |||
| Value At Risk | (1.93) | |||
| Potential Upside | 2.58 | |||
| Skewness | 0.7631 | |||
| Kurtosis | 2.42 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Prosperity Dielectrics Co. 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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for Prosperity Stock analysis
When running Prosperity Dielectrics' price analysis, check to measure Prosperity Dielectrics' 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 Prosperity Dielectrics is operating at the current time. Most of Prosperity Dielectrics' value examination focuses on studying past and present price action to predict the probability of Prosperity Dielectrics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prosperity Dielectrics' price. Additionally, you may evaluate how the addition of Prosperity Dielectrics to your portfolios can decrease your overall portfolio volatility.
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