AOPEN (Taiwan) Technical Analysis
| 3046 Stock | TWD 56.10 0.50 0.90% |
As of the 24th of November, AOPEN shows the risk adjusted performance of (0.10), and Mean Deviation of 1.08. AOPEN Inc technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm AOPEN Inc standard deviation, information ratio, maximum drawdown, as well as the relationship between the variance and treynor ratio to decide if AOPEN Inc is priced favorably, providing market reflects its regular price of 56.1 per share.
AOPEN Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as AOPEN, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AOPENAOPEN |
AOPEN 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.
AOPEN Inc Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 AOPEN Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
AOPEN Inc Trend Analysis
Use this graph to draw trend lines for AOPEN Inc. You can use it to identify possible trend reversals for AOPEN 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 AOPEN price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.AOPEN Best Fit Change Line
The following chart estimates an ordinary least squares regression model for AOPEN Inc applied against its price change over selected period. The best fit line has a slop of 0.14 , which may suggest that AOPEN Inc market price will keep on failing further. It has 122 observation points and a regression sum of squares at 792.3, which is the sum of squared deviations for the predicted AOPEN price change compared to its average price change.About AOPEN 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 AOPEN Inc 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 AOPEN Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on AOPEN Inc price pattern first instead of the macroeconomic environment surrounding AOPEN Inc. By analyzing AOPEN'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 AOPEN'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 AOPEN specific price patterns or momentum indicators. Please read more on our technical analysis page.
AOPEN November 24, 2024 Technical Indicators
Most technical analysis of AOPEN 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 AOPEN from various momentum indicators to cycle indicators. When you analyze AOPEN 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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| Price Transform | ||
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| Volume Indicators |
| Risk Adjusted Performance | (0.10) | |||
| Market Risk Adjusted Performance | (0.61) | |||
| Mean Deviation | 1.08 | |||
| Coefficient Of Variation | (708.41) | |||
| Standard Deviation | 1.39 | |||
| Variance | 1.94 | |||
| Information Ratio | (0.23) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (0.62) | |||
| Maximum Drawdown | 6.94 | |||
| Value At Risk | (2.30) | |||
| Potential Upside | 1.66 | |||
| Skewness | (0.49) | |||
| Kurtosis | 0.8918 |
Additional Tools for AOPEN Stock Analysis
When running AOPEN's price analysis, check to measure AOPEN'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 AOPEN is operating at the current time. Most of AOPEN's value examination focuses on studying past and present price action to predict the probability of AOPEN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AOPEN's price. Additionally, you may evaluate how the addition of AOPEN to your portfolios can decrease your overall portfolio volatility.