CHO Pharma (Taiwan) Technical Analysis
| 6586 Stock | TWD 57.50 0.70 1.23% |
As of the 24th of April, CHO Pharma shows the mean deviation of 1.61, and Risk Adjusted Performance of (0.04). Our technical analysis interface gives you tools to check helpful technical drivers of CHO Pharma, as well as the relationship between them. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for CHO Pharma, which can be compared to its peers. Please confirm CHO Pharma standard deviation, information ratio, maximum drawdown, as well as the relationship between the variance and treynor ratio to decide if CHO Pharma is priced favorably, providing market reflects its regular price of 57.5 per share.
CHO Pharma Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as CHO, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CHOCHO |
CHO Pharma 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.
CHO Pharma Technical Analysis
The output start index for this execution was thirty with a total number of output elements of thirty-one. 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 CHO Pharma volatility. High ATR values indicate high volatility, and low values indicate low volatility.
CHO Pharma Trend Analysis
Use this graph to draw trend lines for CHO Pharma. You can use it to identify possible trend reversals for CHO Pharma 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 CHO Pharma price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.CHO Pharma Best Fit Change Line
The following chart estimates an ordinary least squares regression model for CHO Pharma applied against its price change over selected period. The best fit line has a slop of 0.17 , which may suggest that CHO Pharma market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1073.03, which is the sum of squared deviations for the predicted CHO Pharma price change compared to its average price change.About CHO Pharma 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 CHO Pharma 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 CHO Pharma based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on CHO Pharma price pattern first instead of the macroeconomic environment surrounding CHO Pharma. By analyzing CHO Pharma'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 CHO Pharma'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 CHO Pharma specific price patterns or momentum indicators. Please read more on our technical analysis page.
CHO Pharma April 24, 2024 Technical Indicators
Most technical analysis of CHO 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 CHO from various momentum indicators to cycle indicators. When you analyze CHO 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 | (0.04) | |||
| Market Risk Adjusted Performance | (0.56) | |||
| Mean Deviation | 1.61 | |||
| Coefficient Of Variation | (1,265) | |||
| Standard Deviation | 2.31 | |||
| Variance | 5.35 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | (0.57) | |||
| Maximum Drawdown | 14.25 | |||
| Value At Risk | (3.14) | |||
| Potential Upside | 3.82 | |||
| Skewness | 0.9504 | |||
| Kurtosis | 2.93 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CHO Pharma. 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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for CHO Stock analysis
When running CHO Pharma's price analysis, check to measure CHO Pharma'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 CHO Pharma is operating at the current time. Most of CHO Pharma's value examination focuses on studying past and present price action to predict the probability of CHO Pharma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CHO Pharma's price. Additionally, you may evaluate how the addition of CHO Pharma to your portfolios can decrease your overall portfolio volatility.
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