Li Kang (Taiwan) Technical Analysis
6242 Stock | TWD 54.20 0.50 0.93% |
As of the 29th of March, Li Kang owns the Market Risk Adjusted Performance of (0.28), information ratio of (0.22), and Mean Deviation of 0.6958. Li Kang Biomedical technical analysis lets you operate past data 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 historical prices and volume patterns, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Li Kang, which can be compared to its peers in the sector. Please verify Li Kang Biomedical coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if Li Kang Biomedical is priced more or less accurately, providing market reflects its prevailing price of 54.2 per share.
Li Kang Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as 6242, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to 62426242 |
Li Kang 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.
Li Kang Biomedical 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 Li Kang Biomedical volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Li Kang Biomedical Trend Analysis
Use this graph to draw trend lines for Li Kang Biomedical. You can use it to identify possible trend reversals for Li Kang 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 Li Kang price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Li Kang Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Li Kang Biomedical applied against its price change over selected period. The best fit line has a slop of 0.09 , which may suggest that Li Kang Biomedical market price will keep on failing further. It has 122 observation points and a regression sum of squares at 285.56, which is the sum of squared deviations for the predicted Li Kang price change compared to its average price change.About Li Kang 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 Li Kang Biomedical 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 Li Kang Biomedical based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Li Kang Biomedical price pattern first instead of the macroeconomic environment surrounding Li Kang Biomedical. By analyzing Li Kang'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 Li Kang'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 Li Kang specific price patterns or momentum indicators. Please read more on our technical analysis page.
Li Kang March 29, 2024 Technical Indicators
Most technical analysis of 6242 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 6242 from various momentum indicators to cycle indicators. When you analyze 6242 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 | (0.28) | |||
Mean Deviation | 0.6958 | |||
Coefficient Of Variation | (994.61) | |||
Standard Deviation | 1.11 | |||
Variance | 1.24 | |||
Information Ratio | (0.22) | |||
Jensen Alpha | (0.17) | |||
Total Risk Alpha | (0.37) | |||
Treynor Ratio | (0.29) | |||
Maximum Drawdown | 8.35 | |||
Value At Risk | (1.45) | |||
Potential Upside | 1.52 | |||
Skewness | 0.4454 | |||
Kurtosis | 5.62 |
Li Kang March 29, 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 6242 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 | 203.90 | ||
Daily Balance Of Power | 2.50 | ||
Rate Of Daily Change | 1.01 | ||
Day Median Price | 54.30 | ||
Day Typical Price | 54.27 | ||
Price Action Indicator | 0.15 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Li Kang Biomedical. 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for 6242 Stock analysis
When running Li Kang's price analysis, check to measure Li Kang'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 Li Kang is operating at the current time. Most of Li Kang's value examination focuses on studying past and present price action to predict the probability of Li Kang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Li Kang's price. Additionally, you may evaluate how the addition of Li Kang to your portfolios can decrease your overall portfolio volatility.
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