Leatec Fine (Taiwan) Technical Analysis
| 6127 Stock | TWD 25.40 0.10 0.40% |
As of the 1st of May, Leatec Fine secures the Mean Deviation of 1.66, risk adjusted performance of (0.01), and Standard Deviation of 2.29. Leatec Fine Ceramics 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 thirteen technical drivers for Leatec Fine, which can be compared to its peers in the industry. Please verify Leatec Fine Ceramics mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Leatec Fine Ceramics is priced some-what accurately, providing market reflects its recent price of 25.4 per share.
Leatec Fine Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Leatec, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to LeatecLeatec |
Leatec Fine 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.
Leatec Fine Ceramics Technical Analysis
The output start index for this execution was fifteen with a total number of output elements of fourty-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 Leatec Fine Ceramics volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Leatec Fine Ceramics Trend Analysis
Use this graph to draw trend lines for Leatec Fine Ceramics. You can use it to identify possible trend reversals for Leatec Fine 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 Leatec Fine price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Leatec Fine Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Leatec Fine Ceramics applied against its price change over selected period. The best fit line has a slop of 0.05 , which may suggest that Leatec Fine Ceramics market price will keep on failing further. It has 122 observation points and a regression sum of squares at 113.75, which is the sum of squared deviations for the predicted Leatec Fine price change compared to its average price change.About Leatec Fine 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 Leatec Fine Ceramics 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 Leatec Fine Ceramics based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Leatec Fine Ceramics price pattern first instead of the macroeconomic environment surrounding Leatec Fine Ceramics. By analyzing Leatec Fine'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 Leatec Fine'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 Leatec Fine specific price patterns or momentum indicators. Please read more on our technical analysis page.
Leatec Fine May 1, 2024 Technical Indicators
Most technical analysis of Leatec 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 Leatec from various momentum indicators to cycle indicators. When you analyze Leatec 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.
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.15) | |||
| Mean Deviation | 1.66 | |||
| Coefficient Of Variation | (3,146) | |||
| Standard Deviation | 2.29 | |||
| Variance | 5.24 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (0.16) | |||
| Maximum Drawdown | 13.29 | |||
| Value At Risk | (3.26) | |||
| Potential Upside | 4.28 | |||
| Skewness | 1.3 | |||
| Kurtosis | 3.34 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Leatec Fine Ceramics. 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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Leatec Stock analysis
When running Leatec Fine's price analysis, check to measure Leatec Fine'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 Leatec Fine is operating at the current time. Most of Leatec Fine's value examination focuses on studying past and present price action to predict the probability of Leatec Fine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Leatec Fine's price. Additionally, you may evaluate how the addition of Leatec Fine to your portfolios can decrease your overall portfolio volatility.
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