Elite Semiconductor (Taiwan) Technical Analysis
| 3006 Stock | TWD 60.60 0.10 0.17% |
As of the 2nd of February, Elite Semiconductor shows the Standard Deviation of 1.95, mean deviation of 1.53, and Variance of 3.79. Elite Semiconductor 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 Elite Semiconductor mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Elite Semiconductor is priced favorably, providing market reflects its regular price of 60.6 per share.
Elite Semiconductor Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Elite, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EliteElite |
Elite Semiconductor 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.
Elite Semiconductor Technical Analysis
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Elite Semiconductor Trend Analysis
Use this graph to draw trend lines for Elite Semiconductor Memory. You can use it to identify possible trend reversals for Elite Semiconductor 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 Elite Semiconductor price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Elite Semiconductor Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Elite Semiconductor Memory applied against its price change over selected period. The best fit line has a slop of 0.15 , which may suggest that Elite Semiconductor Memory market price will keep on failing further. It has 122 observation points and a regression sum of squares at 908.28, which is the sum of squared deviations for the predicted Elite Semiconductor price change compared to its average price change.About Elite Semiconductor 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 Elite Semiconductor Memory 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 Elite Semiconductor Memory based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Elite Semiconductor price pattern first instead of the macroeconomic environment surrounding Elite Semiconductor. By analyzing Elite Semiconductor'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 Elite Semiconductor'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 Elite Semiconductor specific price patterns or momentum indicators. Please read more on our technical analysis page.
Elite Semiconductor February 2, 2025 Technical Indicators
Most technical analysis of Elite 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 Elite from various momentum indicators to cycle indicators. When you analyze Elite 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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| Risk Adjusted Performance | (0.08) | |||
| Market Risk Adjusted Performance | (1.63) | |||
| Mean Deviation | 1.53 | |||
| Coefficient Of Variation | (935.25) | |||
| Standard Deviation | 1.95 | |||
| Variance | 3.79 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | (1.64) | |||
| Maximum Drawdown | 10.68 | |||
| Value At Risk | (3.09) | |||
| Potential Upside | 2.41 | |||
| Skewness | (0.48) | |||
| Kurtosis | 1.01 |
Additional Tools for Elite Stock Analysis
When running Elite Semiconductor's price analysis, check to measure Elite Semiconductor'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 Elite Semiconductor is operating at the current time. Most of Elite Semiconductor's value examination focuses on studying past and present price action to predict the probability of Elite Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elite Semiconductor's price. Additionally, you may evaluate how the addition of Elite Semiconductor to your portfolios can decrease your overall portfolio volatility.