MediaTek (Taiwan) Technical Analysis
| 2454 Stock | TWD 1,280 30.00 2.29% |
As of the 26th of November, MediaTek secures the Mean Deviation of 1.85, risk adjusted performance of 0.0352, and Downside Deviation of 2.4. MediaTek 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 MediaTek mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if MediaTek is priced some-what accurately, providing market reflects its recent price of 1280.0 per share.
MediaTek Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as MediaTek, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MediaTekMediaTek |
MediaTek 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.
MediaTek 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 MediaTek volatility. High ATR values indicate high volatility, and low values indicate low volatility.
MediaTek Trend Analysis
Use this graph to draw trend lines for MediaTek. You can use it to identify possible trend reversals for MediaTek 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 MediaTek price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.MediaTek Best Fit Change Line
The following chart estimates an ordinary least squares regression model for MediaTek applied against its price change over selected period. The best fit line has a slop of 2.80 , which means MediaTek will continue generating value for investors. It has 122 observation points and a regression sum of squares at 296139.32, which is the sum of squared deviations for the predicted MediaTek price change compared to its average price change.About MediaTek 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 MediaTek 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 MediaTek based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on MediaTek price pattern first instead of the macroeconomic environment surrounding MediaTek. By analyzing MediaTek'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 MediaTek'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 MediaTek specific price patterns or momentum indicators. Please read more on our technical analysis page.
MediaTek November 26, 2024 Technical Indicators
Most technical analysis of MediaTek 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 MediaTek from various momentum indicators to cycle indicators. When you analyze MediaTek 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 | 0.0352 | |||
| Market Risk Adjusted Performance | 0.3199 | |||
| Mean Deviation | 1.85 | |||
| Semi Deviation | 2.15 | |||
| Downside Deviation | 2.4 | |||
| Coefficient Of Variation | 2692.89 | |||
| Standard Deviation | 2.38 | |||
| Variance | 5.68 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | 0.0485 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.3099 | |||
| Maximum Drawdown | 11.13 | |||
| Value At Risk | (2.62) | |||
| Potential Upside | 4.05 | |||
| Downside Variance | 5.77 | |||
| Semi Variance | 4.61 | |||
| Expected Short fall | (2.35) | |||
| Skewness | (0.33) | |||
| Kurtosis | 0.7114 |
Additional Tools for MediaTek Stock Analysis
When running MediaTek's price analysis, check to measure MediaTek'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 MediaTek is operating at the current time. Most of MediaTek's value examination focuses on studying past and present price action to predict the probability of MediaTek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MediaTek's price. Additionally, you may evaluate how the addition of MediaTek to your portfolios can decrease your overall portfolio volatility.