New Asia (Taiwan) Technical Analysis
| 2516 Stock | TWD 13.45 0.35 2.67% |
As of the 24th of November, New Asia secures the Downside Deviation of 1.39, mean deviation of 0.9172, and Risk Adjusted Performance of 0.115. New Asia Construction 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 New Asia Construction jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if New Asia Construction is priced some-what accurately, providing market reflects its recent price of 13.45 per share.
New Asia Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as New, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NewNew |
New Asia 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.
New Asia Construction 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 New Asia Construction volatility. High ATR values indicate high volatility, and low values indicate low volatility.
New Asia Construction Trend Analysis
Use this graph to draw trend lines for New Asia Construction. You can use it to identify possible trend reversals for New Asia 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 New Asia price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.New Asia Best Fit Change Line
The following chart estimates an ordinary least squares regression model for New Asia Construction applied against its price change over selected period. The best fit line has a slop of 0.03 , which means New Asia Construction will continue generating value for investors. It has 122 observation points and a regression sum of squares at 28.97, which is the sum of squared deviations for the predicted New Asia price change compared to its average price change.About New Asia 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 New Asia Construction 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 New Asia Construction based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on New Asia Construction price pattern first instead of the macroeconomic environment surrounding New Asia Construction. By analyzing New Asia'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 New Asia'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 New Asia specific price patterns or momentum indicators. Please read more on our technical analysis page.
New Asia November 24, 2024 Technical Indicators
Most technical analysis of New 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 New from various momentum indicators to cycle indicators. When you analyze New 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 | 0.115 | |||
| Market Risk Adjusted Performance | 0.5473 | |||
| Mean Deviation | 0.9172 | |||
| Semi Deviation | 0.9591 | |||
| Downside Deviation | 1.39 | |||
| Coefficient Of Variation | 693.18 | |||
| Standard Deviation | 1.35 | |||
| Variance | 1.82 | |||
| Information Ratio | 0.0473 | |||
| Jensen Alpha | 0.1431 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0459 | |||
| Treynor Ratio | 0.5373 | |||
| Maximum Drawdown | 6.44 | |||
| Value At Risk | (1.64) | |||
| Potential Upside | 2.67 | |||
| Downside Variance | 1.93 | |||
| Semi Variance | 0.9198 | |||
| Expected Short fall | (1.32) | |||
| Skewness | 0.1864 | |||
| Kurtosis | 3.32 |
Additional Tools for New Stock Analysis
When running New Asia's price analysis, check to measure New Asia'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 New Asia is operating at the current time. Most of New Asia's value examination focuses on studying past and present price action to predict the probability of New Asia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Asia's price. Additionally, you may evaluate how the addition of New Asia to your portfolios can decrease your overall portfolio volatility.