Lumax International (Taiwan) Technical Analysis
6192 Stock | TWD 100.50 1.20 1.21% |
As of the 28th of March, Lumax International secures the Downside Deviation of 0.8378, mean deviation of 0.9197, and Risk Adjusted Performance of 0.1053. Lumax International Corp technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Lumax International, which can be compared to its peers in the industry. Please verify Lumax International Corp downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Lumax International Corp is priced some-what accurately, providing market reflects its recent price of 100.5 per share.
Lumax International Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Lumax, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to LumaxLumax |
Lumax International 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.
Lumax International Corp 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 Lumax International Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Lumax International Corp Trend Analysis
Use this graph to draw trend lines for Lumax International Corp. You can use it to identify possible trend reversals for Lumax International 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 Lumax International price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Lumax International Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Lumax International Corp applied against its price change over selected period. The best fit line has a slop of 0.23 , which means Lumax International Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1965.6, which is the sum of squared deviations for the predicted Lumax International price change compared to its average price change.About Lumax International 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 Lumax International Corp 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 Lumax International Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Lumax International Corp price pattern first instead of the macroeconomic environment surrounding Lumax International Corp. By analyzing Lumax International'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 Lumax International'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 Lumax International specific price patterns or momentum indicators. Please read more on our technical analysis page.
Lumax International March 28, 2024 Technical Indicators
Most technical analysis of Lumax 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 Lumax from various momentum indicators to cycle indicators. When you analyze Lumax 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 | 0.1053 | |||
Market Risk Adjusted Performance | 0.4209 | |||
Mean Deviation | 0.9197 | |||
Semi Deviation | 0.5702 | |||
Downside Deviation | 0.8378 | |||
Coefficient Of Variation | 555.67 | |||
Standard Deviation | 1.19 | |||
Variance | 1.42 | |||
Information Ratio | 0.0674 | |||
Jensen Alpha | 0.1428 | |||
Total Risk Alpha | (0.06) | |||
Sortino Ratio | 0.096 | |||
Treynor Ratio | 0.4109 | |||
Maximum Drawdown | 6.92 | |||
Value At Risk | (1.11) | |||
Potential Upside | 2.65 | |||
Downside Variance | 0.7019 | |||
Semi Variance | 0.3252 | |||
Expected Short fall | (1.33) | |||
Skewness | 1.05 | |||
Kurtosis | 1.83 |
Lumax International March 28, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Lumax stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 1,424 | ||
Daily Balance Of Power | 1.09 | ||
Rate Of Daily Change | 1.01 | ||
Day Median Price | 99.95 | ||
Day Typical Price | 100.13 | ||
Price Action Indicator | 1.15 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Lumax International Corp. 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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Lumax Stock analysis
When running Lumax International's price analysis, check to measure Lumax International'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 Lumax International is operating at the current time. Most of Lumax International's value examination focuses on studying past and present price action to predict the probability of Lumax International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lumax International's price. Additionally, you may evaluate how the addition of Lumax International to your portfolios can decrease your overall portfolio volatility.
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios |