Formosa Plastics (Taiwan) Statistic Functions Beta
1301 Stock | TWD 41.35 1.35 3.16% |
Symbol |
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 Beta measures systematic risk based on how returns on Formosa Plastics Corp correlated with the market. If Beta is less than 0 Formosa Plastics generally moves in the opposite direction as compared to the market. If Formosa Plastics Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Formosa Plastics Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Formosa Plastics is generally in the same direction as the market. If Beta > 1 Formosa Plastics moves generally in the same direction as, but more than the movement of the benchmark.
Formosa Plastics Technical Analysis Modules
Most technical analysis of Formosa Plastics 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 Formosa from various momentum indicators to cycle indicators. When you analyze Formosa charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.Cycle Indicators | ||
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Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
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Volume Indicators |
About Formosa Plastics Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Formosa Plastics Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Formosa Plastics Corp based on widely used predictive technical indicators. In general, we focus on analyzing Formosa Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Formosa Plastics's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Formosa Plastics's intrinsic value. In addition to deriving basic predictive indicators for Formosa Plastics, we also check how macroeconomic factors affect Formosa Plastics price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
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Additional Tools for Formosa Stock Analysis
When running Formosa Plastics' price analysis, check to measure Formosa Plastics' 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 Formosa Plastics is operating at the current time. Most of Formosa Plastics' value examination focuses on studying past and present price action to predict the probability of Formosa Plastics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formosa Plastics' price. Additionally, you may evaluate how the addition of Formosa Plastics to your portfolios can decrease your overall portfolio volatility.