Tang Eng (Taiwan) Technical Analysis
| 2035 Stock | TWD 33.20 0.20 0.61% |
As of the 29th of November, Tang Eng has the Coefficient Of Variation of 1182.04, risk adjusted performance of 0.0637, and Semi Deviation of 0.6848. Tang Eng technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. Please validate Tang Eng Iron downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Tang Eng is priced more or less accurately, providing market reflects its prevalent price of 33.2 per share.
Tang Eng Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Tang, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TangTang |
Tang Eng 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.
Tang Eng Iron 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 Tang Eng Iron volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Tang Eng Iron Trend Analysis
Use this graph to draw trend lines for Tang Eng Iron. You can use it to identify possible trend reversals for Tang Eng 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 Tang Eng price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Tang Eng Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Tang Eng Iron applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Tang Eng Iron will continue generating value for investors. It has 122 observation points and a regression sum of squares at 15.51, which is the sum of squared deviations for the predicted Tang Eng price change compared to its average price change.About Tang Eng 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 Tang Eng Iron 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 Tang Eng Iron based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Tang Eng Iron price pattern first instead of the macroeconomic environment surrounding Tang Eng Iron. By analyzing Tang Eng'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 Tang Eng'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 Tang Eng specific price patterns or momentum indicators. Please read more on our technical analysis page.
Tang Eng November 29, 2024 Technical Indicators
Most technical analysis of Tang 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 Tang from various momentum indicators to cycle indicators. When you analyze Tang 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 | 0.0637 | |||
| Market Risk Adjusted Performance | 0.3631 | |||
| Mean Deviation | 0.4243 | |||
| Semi Deviation | 0.6848 | |||
| Downside Deviation | 0.9199 | |||
| Coefficient Of Variation | 1182.04 | |||
| Standard Deviation | 0.6871 | |||
| Variance | 0.4721 | |||
| Information Ratio | (0.1) | |||
| Jensen Alpha | 0.0324 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.3531 | |||
| Maximum Drawdown | 4.46 | |||
| Value At Risk | (1.07) | |||
| Potential Upside | 1.09 | |||
| Downside Variance | 0.8462 | |||
| Semi Variance | 0.4689 | |||
| Expected Short fall | (0.48) | |||
| Skewness | (1.14) | |||
| Kurtosis | 5.25 |
Additional Tools for Tang Stock Analysis
When running Tang Eng's price analysis, check to measure Tang Eng'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 Tang Eng is operating at the current time. Most of Tang Eng's value examination focuses on studying past and present price action to predict the probability of Tang Eng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tang Eng's price. Additionally, you may evaluate how the addition of Tang Eng to your portfolios can decrease your overall portfolio volatility.