Techshine Electronics (China) Technical Analysis
301379 Stock | 20.93 0.36 1.75% |
As of the 20th of January, Techshine Electronics has the Coefficient Of Variation of 1634.71, semi deviation of 2.86, and Risk Adjusted Performance of 0.0581. Techshine Electronics 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.
Techshine Electronics Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Techshine, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TechshineTechshine |
Techshine Electronics 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.
Techshine Electronics 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 Techshine Electronics volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Techshine Electronics Trend Analysis
Use this graph to draw trend lines for Techshine Electronics Co. You can use it to identify possible trend reversals for Techshine Electronics 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 Techshine Electronics price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Techshine Electronics Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Techshine Electronics Co applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that Techshine Electronics Co market price will keep on failing further. It has 122 observation points and a regression sum of squares at 5.1, which is the sum of squared deviations for the predicted Techshine Electronics price change compared to its average price change.About Techshine Electronics 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 Techshine Electronics 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 Techshine Electronics Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Techshine Electronics price pattern first instead of the macroeconomic environment surrounding Techshine Electronics. By analyzing Techshine Electronics'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 Techshine Electronics'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 Techshine Electronics specific price patterns or momentum indicators. Please read more on our technical analysis page.
Techshine Electronics January 20, 2025 Technical Indicators
Most technical analysis of Techshine 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 Techshine from various momentum indicators to cycle indicators. When you analyze Techshine 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 | 0.0581 | |||
Market Risk Adjusted Performance | 0.8472 | |||
Mean Deviation | 2.13 | |||
Semi Deviation | 2.86 | |||
Downside Deviation | 3.05 | |||
Coefficient Of Variation | 1634.71 | |||
Standard Deviation | 2.73 | |||
Variance | 7.43 | |||
Information Ratio | 0.0503 | |||
Jensen Alpha | 0.153 | |||
Total Risk Alpha | 0.0925 | |||
Sortino Ratio | 0.0449 | |||
Treynor Ratio | 0.8372 | |||
Maximum Drawdown | 10.46 | |||
Value At Risk | (4.97) | |||
Potential Upside | 4.42 | |||
Downside Variance | 9.31 | |||
Semi Variance | 8.18 | |||
Expected Short fall | (2.07) | |||
Skewness | (0.26) | |||
Kurtosis | (0.15) |
Complementary Tools for Techshine Stock analysis
When running Techshine Electronics' price analysis, check to measure Techshine Electronics' 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 Techshine Electronics is operating at the current time. Most of Techshine Electronics' value examination focuses on studying past and present price action to predict the probability of Techshine Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Techshine Electronics' price. Additionally, you may evaluate how the addition of Techshine Electronics to your portfolios can decrease your overall portfolio volatility.
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