ESUN Financial (Taiwan) Technical Analysis
| 2884 Stock | TWD 27.80 0.35 1.28% |
As of the 26th of November, ESUN Financial shows the Mean Deviation of 0.7318, market risk adjusted performance of 0.1715, and Downside Deviation of 1.12. ESUN Financial Holding technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm ESUN Financial Holding standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if ESUN Financial Holding is priced fairly, providing market reflects its regular price of 27.8 per share.
ESUN Financial Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ESUN, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ESUNESUN |
ESUN Financial 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.
ESUN Financial Holding 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 ESUN Financial Holding volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ESUN Financial Holding Trend Analysis
Use this graph to draw trend lines for ESUN Financial Holding. You can use it to identify possible trend reversals for ESUN Financial 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 ESUN Financial price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ESUN Financial Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ESUN Financial Holding applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that ESUN Financial Holding market price will keep on failing further. It has 122 observation points and a regression sum of squares at 7.94, which is the sum of squared deviations for the predicted ESUN Financial price change compared to its average price change.About ESUN Financial 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 ESUN Financial Holding 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 ESUN Financial Holding based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ESUN Financial Holding price pattern first instead of the macroeconomic environment surrounding ESUN Financial Holding. By analyzing ESUN Financial'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 ESUN Financial'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 ESUN Financial specific price patterns or momentum indicators. Please read more on our technical analysis page.
ESUN Financial November 26, 2024 Technical Indicators
Most technical analysis of ESUN 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 ESUN from various momentum indicators to cycle indicators. When you analyze ESUN 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 | 0.023 | |||
| Market Risk Adjusted Performance | 0.1715 | |||
| Mean Deviation | 0.7318 | |||
| Semi Deviation | 0.9468 | |||
| Downside Deviation | 1.12 | |||
| Coefficient Of Variation | 3659.79 | |||
| Standard Deviation | 0.9754 | |||
| Variance | 0.9513 | |||
| Information Ratio | (0.10) | |||
| Jensen Alpha | 0.0044 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.1615 | |||
| Maximum Drawdown | 4.41 | |||
| Value At Risk | (1.60) | |||
| Potential Upside | 1.82 | |||
| Downside Variance | 1.26 | |||
| Semi Variance | 0.8964 | |||
| Expected Short fall | (0.81) | |||
| Skewness | (0.18) | |||
| Kurtosis | 0.0973 |
Additional Tools for ESUN Stock Analysis
When running ESUN Financial's price analysis, check to measure ESUN Financial'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 ESUN Financial is operating at the current time. Most of ESUN Financial's value examination focuses on studying past and present price action to predict the probability of ESUN Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ESUN Financial's price. Additionally, you may evaluate how the addition of ESUN Financial to your portfolios can decrease your overall portfolio volatility.