Wistron Corp (Taiwan) Technical Analysis
| 3231 Stock | TWD 124.50 6.00 5.06% |
As of the 26th of November, Wistron Corp maintains the Downside Deviation of 2.27, mean deviation of 1.62, and Market Risk Adjusted Performance of 0.4635. Wistron Corp technical analysis makes it possible for you to employ past prices and volume data with the intention to determine a pattern that calculates the direction of the company's future prices. Please check out Wistron Corp standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if Wistron Corp is priced fairly, providing market reflects its latest price of 124.5 per share.
Wistron Corp Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Wistron, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WistronWistron |
Wistron Corp 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.
Wistron Corp 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 Wistron Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Wistron Corp Trend Analysis
Use this graph to draw trend lines for Wistron Corp. You can use it to identify possible trend reversals for Wistron Corp 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 Wistron Corp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Wistron Corp Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Wistron Corp applied against its price change over selected period. The best fit line has a slop of 0.44 , which means Wistron Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 7304.19, which is the sum of squared deviations for the predicted Wistron Corp price change compared to its average price change.About Wistron Corp 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 Wistron Corp 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 Wistron Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Wistron Corp price pattern first instead of the macroeconomic environment surrounding Wistron Corp. By analyzing Wistron Corp'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 Wistron Corp'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 Wistron Corp specific price patterns or momentum indicators. Please read more on our technical analysis page.
Wistron Corp November 26, 2024 Technical Indicators
Most technical analysis of Wistron 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 Wistron from various momentum indicators to cycle indicators. When you analyze Wistron 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 | 0.1245 | |||
| Market Risk Adjusted Performance | 0.4635 | |||
| Mean Deviation | 1.62 | |||
| Semi Deviation | 1.69 | |||
| Downside Deviation | 2.27 | |||
| Coefficient Of Variation | 647.42 | |||
| Standard Deviation | 2.15 | |||
| Variance | 4.64 | |||
| Information Ratio | 0.0947 | |||
| Jensen Alpha | 0.2383 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0897 | |||
| Treynor Ratio | 0.4535 | |||
| Maximum Drawdown | 9.18 | |||
| Value At Risk | (3.10) | |||
| Potential Upside | 4.26 | |||
| Downside Variance | 5.17 | |||
| Semi Variance | 2.85 | |||
| Expected Short fall | (2.00) | |||
| Skewness | 0.1647 | |||
| Kurtosis | 0.216 |
Additional Tools for Wistron Stock Analysis
When running Wistron Corp's price analysis, check to measure Wistron Corp'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 Wistron Corp is operating at the current time. Most of Wistron Corp's value examination focuses on studying past and present price action to predict the probability of Wistron Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wistron Corp's price. Additionally, you may evaluate how the addition of Wistron Corp to your portfolios can decrease your overall portfolio volatility.