Mega Financial (Taiwan) Technical Analysis
| 2886 Stock | TWD 40.20 0.55 1.39% |
As of the 9th of May, Mega Financial is marked at 40.20 per share. Recent trend indicators show Risk Adjusted Performance of -0.0021, standard deviation of 0.9208, and Mean Deviation of 0.6464. Trend analytics rely on normalized volatility and volume metrics. Trend metrics are reviewed within historical sector ranges.
Mega 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 Mega Financial, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Mega FinancialMega Financial |
What-If Analysis
Running a what-if backtest on Mega Financial Holding provides a practical way to test how changes in horizon, position size, or market timing might have affected the result. This becomes more informative when investors use the backtest to challenge timing assumptions rather than to search for a perfect historical entry point.
| 02/08/2026 |
| 05/09/2026 |
A 0.00 entry into Mega Financial on February 8, 2026 held to the present would generate 0.00 in net return. This amounts to a 0.0% cumulative return in Mega Financial on balance across a 90 day span. Related stock peers for Mega Financial include ESUN Financial, Yuanta Financial, Taishin Financial, Hua Nan, Taiwan Cooperative, First Financial, and Sinopac Financial. Mega Financial Holding Co., Ltd., provides various financial services in Taiwan and internationally More
Mega Financial Upside and Downside Indicators Dashboard
Directional momentum for Mega Financial is captured through indicators that track upside and downside price ranges. Price position within the recent range indicates whether momentum favors continuation or reversal.
| Information Ratio | -0.01 | |||
| Maximum Drawdown | 5.96 | |||
| Value At Risk | -1.38 | |||
| Potential Upside | 1.3 |
Mega Financial Market Risk Indicators Signals
Risk metrics describing Mega Financial's historical price variability are presented below. Standard deviation of returns over multiple windows measures the magnitude of typical price swings.| Risk Adjusted Performance | -0.0021 | |||
| Jensen Alpha | -0.01 | |||
| Total Risk Alpha | -0.01 | |||
| Treynor Ratio | -0.19 |
The concept of mean reversion suggests that Mega Financial's price will eventually return toward its long-run average. Positions sized too aggressively against the trend often suffer sustained losses before reversion occurs in Mega Financial. The mean reversion framework for Mega Financial is built on the premise that markets are not perfectly efficient.
Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | -0.0021 | |||
| Market Risk Adjusted Performance | -0.18 | |||
| Mean Deviation | 0.6464 | |||
| Coefficient Of Variation | -60,644 | |||
| Standard Deviation | 0.9208 | |||
| Variance | 0.8479 | |||
| Information Ratio | -0.01 | |||
| Jensen Alpha | -0.01 | |||
| Total Risk Alpha | -0.01 | |||
| Treynor Ratio | -0.19 | |||
| Maximum Drawdown | 5.96 | |||
| Value At Risk | -1.38 | |||
| Potential Upside | 1.3 | |||
| Skewness | -1.06 | |||
| Kurtosis | 3.64 |
Mega Financial Holding Backtested Returns
Mega Financial registers a very low volatility profile across the specified investment window. It maintains a Sharpe Ratio of 0.0235, suggesting a return-to-volatility ratio of 0.0235. Indicator analysis identified twenty-three signals affecting performance dispersion. Please evaluate metrics such as risk-adjusted performance of -0.0021, standard deviation of 0.9208, and mean deviation of 0.6464 to validate implied downside exposure. Mega Financial has a performance score of 1 on a scale of 0 to 100. The company retains a beta of 0.0614, which conveys very low measured sensitivity to broad market movements. As returns on the market increase, Mega Financial's returns tend to increase less than the market. However, during a bear market, the loss from holding Mega Financial tends to be smaller as well. Mega Financial Holding at this time retains a risk of 0.99%.
Auto-correlation | -0.8 |
Almost perfect reverse predictability
Comparing Mega Financial's price behavior from 8th of February 2026 to 25th of March 2026 with the period from 25th of March 2026 to 9th of May 2026 produces almost perfect reverse predictability. The stronger the relationship between the current interval and its lagged values, the more accurately future price behavior of Mega Financial Holding may be projected. The coefficient of -0.8 links around 80.0% of Mega Financial's present price action to its own historical movements. Given that Mega Financial Holding has negative autocorrelation for the selected time horizon, market participants may evaluate potential contrarian price behavior over comparable future intervals.
| Correlation Coefficient | -0.8 | |
| Spearman Rank Test | -0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
Price and volume behavior for Mega Financial form the basis of this analysis. The framework uses indicators like moving averages and relative strength.
Technical Analysis
This analysis covers thirty-seven data points across the selected time horizon. 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 Mega Financial Holding volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Technical Analysis Methodology & Indicators
Technical analysis of Mega Financial evaluates price structure, momentum, and volatility clustering. Breakout confirmation often requires sustained volume and liquidity depth. Mega Financial has a market cap of 467.68 billion, P/E of 20.3, ROE of 6.39%.
Mega Financial Holding inputs come from periodic company reporting and market reference feeds and are mapped into a consistent reporting framework.
Editorial review and methodology oversight provided by: Ellen Johnson, Member of Macroaxis Editorial Board
Technical Indicators
Investors following Mega Financial Holding often rely on technical indicators to test whether price action is supporting continuation, exhaustion, or a possible change in direction. This is informative when the goal is to compare trend quality, momentum, and mean-reversion risk before acting.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | -0.0021 | |||
| Market Risk Adjusted Performance | -0.18 | |||
| Mean Deviation | 0.6464 | |||
| Coefficient Of Variation | -60,644 | |||
| Standard Deviation | 0.9208 | |||
| Variance | 0.8479 | |||
| Information Ratio | -0.01 | |||
| Jensen Alpha | -0.01 | |||
| Total Risk Alpha | -0.01 | |||
| Treynor Ratio | -0.19 | |||
| Maximum Drawdown | 5.96 | |||
| Value At Risk | -1.38 | |||
| Potential Upside | 1.3 | |||
| Skewness | -1.06 | |||
| Kurtosis | 3.64 |
May 9, 2026 Daily Trend Indicators
Investors following Mega Financial Holding often rely on technical indicators to test whether price action is supporting continuation, exhaustion, or a possible change in direction. This is informative when the goal is to compare trend quality, momentum, and mean-reversion risk before acting.
| Accumulation Distribution | 288,295 | ||
| Daily Balance Of Power | 1.00 | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 39.92 | ||
| Day Typical Price | 40.02 | ||
| Price Action Indicator | 0.55 |
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