Formosan Union (Taiwan) Technical Analysis
1709 Stock | TWD 20.50 0.10 0.49% |
As of the 31st of January, Formosan Union shows the Mean Deviation of 0.7225, variance of 0.8801, and Standard Deviation of 0.9381. Formosan Union Chemical technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Formosan Union Chemical treynor ratio, value at risk, and the relationship between the information ratio and maximum drawdown to decide if Formosan Union Chemical is priced favorably, providing market reflects its regular price of 20.5 per share.
Formosan Union Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Formosan, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FormosanFormosan |
Formosan Union 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.
Formosan Union Chemical Technical Analysis
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Formosan Union Chemical Trend Analysis
Use this graph to draw trend lines for Formosan Union Chemical. You can use it to identify possible trend reversals for Formosan Union 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 Formosan Union price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Formosan Union Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Formosan Union Chemical applied against its price change over selected period. The best fit line has a slop of 0.05 , which may suggest that Formosan Union Chemical market price will keep on failing further. It has 122 observation points and a regression sum of squares at 84.03, which is the sum of squared deviations for the predicted Formosan Union price change compared to its average price change.About Formosan Union 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 Formosan Union Chemical 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 Formosan Union Chemical based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Formosan Union Chemical price pattern first instead of the macroeconomic environment surrounding Formosan Union Chemical. By analyzing Formosan Union'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 Formosan Union'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 Formosan Union specific price patterns or momentum indicators. Please read more on our technical analysis page.
Formosan Union January 31, 2025 Technical Indicators
Most technical analysis of Formosan 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 Formosan from various momentum indicators to cycle indicators. When you analyze Formosan 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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Volume Indicators |
Risk Adjusted Performance | (0.15) | |||
Market Risk Adjusted Performance | (2.01) | |||
Mean Deviation | 0.7225 | |||
Coefficient Of Variation | (552.38) | |||
Standard Deviation | 0.9381 | |||
Variance | 0.8801 | |||
Information Ratio | (0.29) | |||
Jensen Alpha | (0.19) | |||
Total Risk Alpha | (0.28) | |||
Treynor Ratio | (2.02) | |||
Maximum Drawdown | 5.24 | |||
Value At Risk | (1.43) | |||
Potential Upside | 1.23 | |||
Skewness | (0.77) | |||
Kurtosis | 1.59 |
Additional Tools for Formosan Stock Analysis
When running Formosan Union's price analysis, check to measure Formosan Union'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 Formosan Union is operating at the current time. Most of Formosan Union's value examination focuses on studying past and present price action to predict the probability of Formosan Union's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formosan Union's price. Additionally, you may evaluate how the addition of Formosan Union to your portfolios can decrease your overall portfolio volatility.