Bestec Power (Taiwan) Technical Analysis
| 3308 Stock | TWD 26.35 0.10 0.38% |
As of the 30th of April, Bestec Power shows the Risk Adjusted Performance of (0.05), mean deviation of 2.41, and Standard Deviation of 3.61. Bestec Power Electronics technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. 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 Bestec Power Electronics, which can be compared to its peers. Please confirm Bestec Power Electronics information ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk to decide if Bestec Power Electronics is priced correctly, providing market reflects its regular price of 26.35 per share.
Bestec Power Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Bestec, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BestecBestec |
Bestec Power 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.
Bestec Power Electronics Technical Analysis
The output start index for this execution was twenty-five with a total number of output elements of thirty-six. 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 Bestec Power Electronics volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Bestec Power Electronics Trend Analysis
Use this graph to draw trend lines for Bestec Power Electronics. You can use it to identify possible trend reversals for Bestec Power 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 Bestec Power price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Bestec Power Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Bestec Power Electronics applied against its price change over selected period. The best fit line has a slop of 0.2 , which may suggest that Bestec Power Electronics market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1492.98, which is the sum of squared deviations for the predicted Bestec Power price change compared to its average price change.About Bestec Power 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 Bestec Power Electronics 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 Bestec Power Electronics based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Bestec Power Electronics price pattern first instead of the macroeconomic environment surrounding Bestec Power Electronics. By analyzing Bestec Power'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 Bestec Power'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 Bestec Power specific price patterns or momentum indicators. Please read more on our technical analysis page.
Bestec Power April 30, 2024 Technical Indicators
Most technical analysis of Bestec 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 Bestec from various momentum indicators to cycle indicators. When you analyze Bestec 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 | 0.2951 | |||
| Mean Deviation | 2.41 | |||
| Coefficient Of Variation | (989.17) | |||
| Standard Deviation | 3.61 | |||
| Variance | 13.0 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.83) | |||
| Treynor Ratio | 0.2851 | |||
| Maximum Drawdown | 23.0 | |||
| Value At Risk | (5.75) | |||
| Potential Upside | 5.35 | |||
| Skewness | 0.4661 | |||
| Kurtosis | 3.33 |
Bestec Power April 30, 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 Bestec 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 | 1,050 | ||
| Daily Balance Of Power | 0.33 | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 26.30 | ||
| Day Typical Price | 26.32 | ||
| Price Action Indicator | 0.10 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bestec Power Electronics. 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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for Bestec Stock analysis
When running Bestec Power's price analysis, check to measure Bestec Power'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 Bestec Power is operating at the current time. Most of Bestec Power's value examination focuses on studying past and present price action to predict the probability of Bestec Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bestec Power's price. Additionally, you may evaluate how the addition of Bestec Power to your portfolios can decrease your overall portfolio volatility.
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