Shinkong Insurance (Taiwan) Technical Analysis
| 2850 Stock | TWD 104.00 1.00 0.97% |
As of the 31st of January, Shinkong Insurance has the Risk Adjusted Performance of 0.0685, coefficient of variation of 1279.07, and Semi Deviation of 1.04. Shinkong Insurance 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 Shinkong Insurance mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Shinkong Insurance is priced more or less accurately, providing market reflects its prevalent price of 104.0 per share.
Shinkong Insurance Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Shinkong, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ShinkongShinkong |
Shinkong Insurance 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.
Shinkong Insurance Technical Analysis
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Shinkong Insurance Trend Analysis
Use this graph to draw trend lines for Shinkong Insurance Co. You can use it to identify possible trend reversals for Shinkong Insurance 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 Shinkong Insurance price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Shinkong Insurance Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Shinkong Insurance Co applied against its price change over selected period. The best fit line has a slop of 0.10 , which means Shinkong Insurance Co will continue generating value for investors. It has 122 observation points and a regression sum of squares at 401.22, which is the sum of squared deviations for the predicted Shinkong Insurance price change compared to its average price change.About Shinkong Insurance 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 Shinkong Insurance Co 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 Shinkong Insurance Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Shinkong Insurance price pattern first instead of the macroeconomic environment surrounding Shinkong Insurance. By analyzing Shinkong Insurance'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 Shinkong Insurance'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 Shinkong Insurance specific price patterns or momentum indicators. Please read more on our technical analysis page.
Shinkong Insurance January 31, 2025 Technical Indicators
Most technical analysis of Shinkong 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 Shinkong from various momentum indicators to cycle indicators. When you analyze Shinkong 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 | 0.0685 | |||
| Market Risk Adjusted Performance | 0.4018 | |||
| Mean Deviation | 0.9409 | |||
| Semi Deviation | 1.04 | |||
| Downside Deviation | 1.27 | |||
| Coefficient Of Variation | 1279.07 | |||
| Standard Deviation | 1.23 | |||
| Variance | 1.51 | |||
| Information Ratio | (0) | |||
| Jensen Alpha | 0.0662 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.3918 | |||
| Maximum Drawdown | 5.73 | |||
| Value At Risk | (1.71) | |||
| Potential Upside | 2.43 | |||
| Downside Variance | 1.61 | |||
| Semi Variance | 1.09 | |||
| Expected Short fall | (1.10) | |||
| Skewness | 0.2784 | |||
| Kurtosis | 0.9156 |
Additional Tools for Shinkong Stock Analysis
When running Shinkong Insurance's price analysis, check to measure Shinkong Insurance'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 Shinkong Insurance is operating at the current time. Most of Shinkong Insurance's value examination focuses on studying past and present price action to predict the probability of Shinkong Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shinkong Insurance's price. Additionally, you may evaluate how the addition of Shinkong Insurance to your portfolios can decrease your overall portfolio volatility.