Hong Tai (Taiwan) Technical Analysis
| 1612 Stock | TWD 34.35 0.20 0.59% |
As of the 24th of November, Hong Tai retains the Risk Adjusted Performance of (0.04), market risk adjusted performance of (0.31), and Standard Deviation of 1.52. Hong Tai technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Hong Tai Electric variance, treynor ratio, and the relationship between the standard deviation and information ratio to decide if Hong Tai is priced fairly, providing market reflects its last-minute price of 34.35 per share.
Hong Tai Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Hong, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HongHong |
Hong Tai 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.
Hong Tai Electric Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Hong Tai Electric volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Hong Tai Electric Trend Analysis
Use this graph to draw trend lines for Hong Tai Electric. You can use it to identify possible trend reversals for Hong Tai 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 Hong Tai price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Hong Tai Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Hong Tai Electric applied against its price change over selected period. The best fit line has a slop of 0.0067 , which may suggest that Hong Tai Electric market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.72, which is the sum of squared deviations for the predicted Hong Tai price change compared to its average price change.About Hong Tai 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 Hong Tai Electric 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 Hong Tai Electric based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Hong Tai Electric price pattern first instead of the macroeconomic environment surrounding Hong Tai Electric. By analyzing Hong Tai'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 Hong Tai'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 Hong Tai specific price patterns or momentum indicators. Please read more on our technical analysis page.
Hong Tai November 24, 2024 Technical Indicators
Most technical analysis of Hong 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 Hong from various momentum indicators to cycle indicators. When you analyze Hong 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 | (0.04) | |||
| Market Risk Adjusted Performance | (0.31) | |||
| Mean Deviation | 1.04 | |||
| Coefficient Of Variation | (1,882) | |||
| Standard Deviation | 1.52 | |||
| Variance | 2.3 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (0.32) | |||
| Maximum Drawdown | 9.8 | |||
| Value At Risk | (2.76) | |||
| Potential Upside | 2.4 | |||
| Skewness | 0.7129 | |||
| Kurtosis | 3.85 |
Additional Tools for Hong Stock Analysis
When running Hong Tai's price analysis, check to measure Hong Tai'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 Hong Tai is operating at the current time. Most of Hong Tai's value examination focuses on studying past and present price action to predict the probability of Hong Tai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hong Tai's price. Additionally, you may evaluate how the addition of Hong Tai to your portfolios can decrease your overall portfolio volatility.