Taichung Commercial (Taiwan) Technical Analysis
| 2812 Stock | TWD 18.05 0.05 0.28% |
As of the 22nd of November, Taichung Commercial has the Risk Adjusted Performance of 0.0398, semi deviation of 0.5314, and Coefficient Of Variation of 1850.18. Taichung Commercial 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 Taichung Commercial Bank mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Taichung Commercial is priced more or less accurately, providing market reflects its prevalent price of 18.05 per share.
Taichung Commercial Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Taichung, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TaichungTaichung |
Taichung Commercial 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.
Taichung Commercial Bank 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 Taichung Commercial Bank volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Taichung Commercial Bank Trend Analysis
Use this graph to draw trend lines for Taichung Commercial Bank. You can use it to identify possible trend reversals for Taichung Commercial 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 Taichung Commercial price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Taichung Commercial Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Taichung Commercial Bank applied against its price change over selected period. The best fit line has a slop of 0.0039 , which may suggest that Taichung Commercial Bank market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.56, which is the sum of squared deviations for the predicted Taichung Commercial price change compared to its average price change.About Taichung Commercial 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 Taichung Commercial Bank 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 Taichung Commercial Bank based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Taichung Commercial Bank price pattern first instead of the macroeconomic environment surrounding Taichung Commercial Bank. By analyzing Taichung Commercial'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 Taichung Commercial'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 Taichung Commercial specific price patterns or momentum indicators. Please read more on our technical analysis page.
Taichung Commercial November 22, 2024 Technical Indicators
Most technical analysis of Taichung 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 Taichung from various momentum indicators to cycle indicators. When you analyze Taichung 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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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0398 | |||
| Market Risk Adjusted Performance | 0.8999 | |||
| Mean Deviation | 0.5141 | |||
| Semi Deviation | 0.5314 | |||
| Downside Deviation | 0.701 | |||
| Coefficient Of Variation | 1850.18 | |||
| Standard Deviation | 0.6691 | |||
| Variance | 0.4477 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | 0.0232 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.10) | |||
| Treynor Ratio | 0.8899 | |||
| Maximum Drawdown | 3.33 | |||
| Value At Risk | (0.84) | |||
| Potential Upside | 1.13 | |||
| Downside Variance | 0.4915 | |||
| Semi Variance | 0.2824 | |||
| Expected Short fall | (0.71) | |||
| Skewness | (0.01) | |||
| Kurtosis | 0.319 |
Additional Tools for Taichung Stock Analysis
When running Taichung Commercial's price analysis, check to measure Taichung Commercial'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 Taichung Commercial is operating at the current time. Most of Taichung Commercial's value examination focuses on studying past and present price action to predict the probability of Taichung Commercial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taichung Commercial's price. Additionally, you may evaluate how the addition of Taichung Commercial to your portfolios can decrease your overall portfolio volatility.