Nien Hsing (Taiwan) Technical Analysis
| 1451 Stock | TWD 20.90 0.10 0.48% |
As of the 27th of November, Nien Hsing secures the Mean Deviation of 0.5535, downside deviation of 0.6975, and Risk Adjusted Performance of 0.0591. Nien Hsing Textile 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. Please verify Nien Hsing Textile semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation to decide if Nien Hsing Textile is priced some-what accurately, providing market reflects its recent price of 20.9 per share.
Nien Hsing Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nien, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NienNien |
Nien Hsing 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.
Nien Hsing Textile Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Nien Hsing Textile volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Nien Hsing Textile Trend Analysis
Use this graph to draw trend lines for Nien Hsing Textile. You can use it to identify possible trend reversals for Nien Hsing 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 Nien Hsing price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nien Hsing Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nien Hsing Textile applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Nien Hsing Textile will continue generating value for investors. It has 122 observation points and a regression sum of squares at 7.98, which is the sum of squared deviations for the predicted Nien Hsing price change compared to its average price change.About Nien Hsing 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 Nien Hsing Textile 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 Nien Hsing Textile based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Nien Hsing Textile price pattern first instead of the macroeconomic environment surrounding Nien Hsing Textile. By analyzing Nien Hsing'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 Nien Hsing'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 Nien Hsing specific price patterns or momentum indicators. Please read more on our technical analysis page.
Nien Hsing November 27, 2024 Technical Indicators
Most technical analysis of Nien 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 Nien from various momentum indicators to cycle indicators. When you analyze Nien 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 | 0.0591 | |||
| Market Risk Adjusted Performance | 0.1753 | |||
| Mean Deviation | 0.5535 | |||
| Semi Deviation | 0.5554 | |||
| Downside Deviation | 0.6975 | |||
| Coefficient Of Variation | 1288.05 | |||
| Standard Deviation | 0.7488 | |||
| Variance | 0.5608 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | 0.0136 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.10) | |||
| Treynor Ratio | 0.1653 | |||
| Maximum Drawdown | 3.72 | |||
| Value At Risk | (1.00) | |||
| Potential Upside | 1.22 | |||
| Downside Variance | 0.4865 | |||
| Semi Variance | 0.3085 | |||
| Expected Short fall | (0.71) | |||
| Skewness | 0.6629 | |||
| Kurtosis | 2.13 |
Additional Tools for Nien Stock Analysis
When running Nien Hsing's price analysis, check to measure Nien Hsing'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 Nien Hsing is operating at the current time. Most of Nien Hsing's value examination focuses on studying past and present price action to predict the probability of Nien Hsing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nien Hsing's price. Additionally, you may evaluate how the addition of Nien Hsing to your portfolios can decrease your overall portfolio volatility.