Yuanta SP (Taiwan) Technical Analysis
| 00642U Etf | TWD 16.34 0.04 0.24% |
As of the 22nd of November, Yuanta SP maintains the Market Risk Adjusted Performance of 0.8248, standard deviation of 2.06, and Mean Deviation of 1.48. Yuanta SP GSCI technical analysis makes it possible for you to employ past prices and volume data with the intention to determine a pattern that calculates the direction of the etf's future prices.
Yuanta SP Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Yuanta, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to YuantaYuanta |
Yuanta SP technical etf 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, etf market cycles, or different charting patterns.
Yuanta SP GSCI Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Yuanta SP GSCI volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Yuanta SP GSCI Trend Analysis
Use this graph to draw trend lines for Yuanta SP GSCI. You can use it to identify possible trend reversals for Yuanta SP 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 Yuanta SP price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Yuanta SP Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Yuanta SP GSCI applied against its price change over selected period. The best fit line has a slop of 0.0007 , which may suggest that Yuanta SP GSCI market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.02, which is the sum of squared deviations for the predicted Yuanta SP price change compared to its average price change.About Yuanta SP 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 Yuanta SP GSCI 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 Yuanta SP GSCI based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Yuanta SP GSCI price pattern first instead of the macroeconomic environment surrounding Yuanta SP GSCI. By analyzing Yuanta SP'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 Yuanta SP'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 Yuanta SP specific price patterns or momentum indicators. Please read more on our technical analysis page.
Yuanta SP November 22, 2024 Technical Indicators
Most technical analysis of Yuanta 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 Yuanta from various momentum indicators to cycle indicators. When you analyze Yuanta 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) | |||
| Market Risk Adjusted Performance | 0.8248 | |||
| Mean Deviation | 1.48 | |||
| Coefficient Of Variation | (7,205) | |||
| Standard Deviation | 2.06 | |||
| Variance | 4.23 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | 0.8148 | |||
| Maximum Drawdown | 12.4 | |||
| Value At Risk | (3.28) | |||
| Potential Upside | 2.7 | |||
| Skewness | 0.4896 | |||
| Kurtosis | 2.34 |
Other Information on Investing in Yuanta Etf
Yuanta SP financial ratios help investors to determine whether Yuanta Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Yuanta with respect to the benefits of owning Yuanta SP security.