Planet Technology (Taiwan) Technical Analysis
| 6263 Stock | TWD 155.50 13.00 0.70% |
As of the 24th of April, Planet Technology holds the Variance of 6.56, coefficient of variation of (9,814), and Risk Adjusted Performance of 0.0012. Planet Technology 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 Planet Technology, which can be compared to its competitors. Please check Planet Technology mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Planet Technology is priced some-what accurately, providing market reflects its current price of 141.5 per share.
Planet 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 Planet, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PlanetPlanet |
Planet 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.
Planet Technology Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-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 Planet Technology volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Planet Technology Trend Analysis
Use this graph to draw trend lines for Planet Technology. You can use it to identify possible trend reversals for Planet 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 Planet Technology price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Planet Technology Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Planet Technology applied against its price change over selected period. The best fit line has a slop of 0.14 , which means Planet Technology will continue generating value for investors. It has 122 observation points and a regression sum of squares at 780.47, which is the sum of squared deviations for the predicted Planet Technology price change compared to its average price change.About Planet 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 Planet 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 Planet Technology based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Planet Technology price pattern first instead of the macroeconomic environment surrounding Planet Technology. By analyzing Planet 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 Planet 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 Planet Technology specific price patterns or momentum indicators. Please read more on our technical analysis page.
Planet Technology April 24, 2024 Technical Indicators
Most technical analysis of Planet 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 Planet from various momentum indicators to cycle indicators. When you analyze Planet 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 | 0.0012 | |||
| Market Risk Adjusted Performance | (0.10) | |||
| Mean Deviation | 1.81 | |||
| Coefficient Of Variation | (9,814) | |||
| Standard Deviation | 2.56 | |||
| Variance | 6.56 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | (0.11) | |||
| Maximum Drawdown | 13.28 | |||
| Value At Risk | (4.81) | |||
| Potential Upside | 5.31 | |||
| Skewness | 0.6601 | |||
| Kurtosis | 1.34 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Planet 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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for Planet Stock analysis
When running Planet Technology's price analysis, check to measure Planet 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 Planet Technology is operating at the current time. Most of Planet Technology's value examination focuses on studying past and present price action to predict the probability of Planet 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 Planet Technology's price. Additionally, you may evaluate how the addition of Planet Technology to your portfolios can decrease your overall portfolio volatility.
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