Promise Technology (Taiwan) Technical Analysis
| 3057 Stock | TWD 16.00 0.40 2.44% |
As of the 7th of February, Promise Technology holds the Risk Adjusted Performance of 0.0985, semi deviation of 3.54, and Coefficient Of Variation of 893.33. Promise Technology technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the company's future prices. Please check Promise Technology downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Promise Technology is priced some-what accurately, providing market reflects its current price of 16.0 per share.
Promise Technology Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Promise, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PromisePromise |
Promise Technology 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Promise Technology's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Promise Technology.
| 11/09/2025 |
| 02/07/2026 |
If you would invest 0.00 in Promise Technology on November 9, 2025 and sell it all today you would earn a total of 0.00 from holding Promise Technology or generate 0.0% return on investment in Promise Technology over 90 days. Promise Technology is related to or competes with BES Engineering, ECOVE Environment, Longwell, Chicony Power, Gloria Material, Hong Tai, and Hua Eng. PROMISE Technology, Inc. develops storage solutions for the data center, surveillance, cloud, and rich media markets wor... More
Promise Technology Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Promise Technology's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Promise Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.78 | |||
| Information Ratio | 0.0935 | |||
| Maximum Drawdown | 18.47 | |||
| Value At Risk | (6.18) | |||
| Potential Upside | 9.97 |
Promise Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Promise Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Promise Technology's standard deviation. In reality, there are many statistical measures that can use Promise Technology historical prices to predict the future Promise Technology's volatility.| Risk Adjusted Performance | 0.0985 | |||
| Jensen Alpha | 0.4588 | |||
| Total Risk Alpha | 0.0535 | |||
| Sortino Ratio | 0.1203 | |||
| Treynor Ratio | 0.5636 |
Promise Technology February 7, 2026 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 | 0.0985 | |||
| Market Risk Adjusted Performance | 0.5736 | |||
| Mean Deviation | 3.75 | |||
| Semi Deviation | 3.54 | |||
| Downside Deviation | 3.78 | |||
| Coefficient Of Variation | 893.33 | |||
| Standard Deviation | 4.86 | |||
| Variance | 23.65 | |||
| Information Ratio | 0.0935 | |||
| Jensen Alpha | 0.4588 | |||
| Total Risk Alpha | 0.0535 | |||
| Sortino Ratio | 0.1203 | |||
| Treynor Ratio | 0.5636 | |||
| Maximum Drawdown | 18.47 | |||
| Value At Risk | (6.18) | |||
| Potential Upside | 9.97 | |||
| Downside Variance | 14.28 | |||
| Semi Variance | 12.54 | |||
| Expected Short fall | (4.66) | |||
| Skewness | 0.6224 | |||
| Kurtosis | (0.22) |
Promise Technology Backtested Returns
Promise Technology appears to be somewhat reliable, given 3 months investment horizon. Promise Technology maintains Sharpe Ratio (i.e., Efficiency) of 0.0972, which implies the firm had a 0.0972 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Promise Technology, which you can use to evaluate the volatility of the company. Please evaluate Promise Technology's Risk Adjusted Performance of 0.0985, coefficient of variation of 893.33, and Semi Deviation of 3.54 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Promise Technology holds a performance score of 7. The company holds a Beta of 0.95, which implies possible diversification benefits within a given portfolio. Promise Technology returns are very sensitive to returns on the market. As the market goes up or down, Promise Technology is expected to follow. Please check Promise Technology's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Promise Technology's historical price patterns will revert.
Auto-correlation | -0.64 |
Very good reverse predictability
Promise Technology has very good reverse predictability. Overlapping area represents the amount of predictability between Promise Technology time series from 9th of November 2025 to 24th of December 2025 and 24th of December 2025 to 7th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Promise Technology price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current Promise Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.64 | |
| Spearman Rank Test | -0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 4.8 |
Promise Technology 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.
Promise Technology 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 Promise Technology volatility. High ATR values indicate high volatility, and low values indicate low volatility.
About Promise Technology 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 Promise Technology 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 Promise Technology based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Promise Technology price pattern first instead of the macroeconomic environment surrounding Promise Technology. By analyzing Promise Technology'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 Promise Technology'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 Promise Technology specific price patterns or momentum indicators. Please read more on our technical analysis page.
Promise Technology February 7, 2026 Technical Indicators
Most technical analysis of Promise 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 Promise from various momentum indicators to cycle indicators. When you analyze Promise 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 | 0.0985 | |||
| Market Risk Adjusted Performance | 0.5736 | |||
| Mean Deviation | 3.75 | |||
| Semi Deviation | 3.54 | |||
| Downside Deviation | 3.78 | |||
| Coefficient Of Variation | 893.33 | |||
| Standard Deviation | 4.86 | |||
| Variance | 23.65 | |||
| Information Ratio | 0.0935 | |||
| Jensen Alpha | 0.4588 | |||
| Total Risk Alpha | 0.0535 | |||
| Sortino Ratio | 0.1203 | |||
| Treynor Ratio | 0.5636 | |||
| Maximum Drawdown | 18.47 | |||
| Value At Risk | (6.18) | |||
| Potential Upside | 9.97 | |||
| Downside Variance | 14.28 | |||
| Semi Variance | 12.54 | |||
| Expected Short fall | (4.66) | |||
| Skewness | 0.6224 | |||
| Kurtosis | (0.22) |
Promise Technology February 7, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Promise stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.04 | ||
| Daily Balance Of Power | (0.62) | ||
| Rate Of Daily Change | 0.98 | ||
| Day Median Price | 16.08 | ||
| Day Typical Price | 16.05 | ||
| Price Action Indicator | (0.27) | ||
| Market Facilitation Index | 0.65 |
Additional Tools for Promise Stock Analysis
When running Promise Technology's price analysis, check to measure Promise Technology'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 Promise Technology is operating at the current time. Most of Promise Technology's value examination focuses on studying past and present price action to predict the probability of Promise Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Promise Technology's price. Additionally, you may evaluate how the addition of Promise Technology to your portfolios can decrease your overall portfolio volatility.