Topco Technologies (Taiwan) Technical Analysis
| 3388 Stock | TWD 70.80 0.50 0.71% |
As of the 30th of November, Topco Technologies has the Variance of 0.4592, risk adjusted performance of (0.01), and Coefficient Of Variation of (6,436). Topco Technologies 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. Please validate Topco Technologies standard deviation, information ratio, maximum drawdown, as well as the relationship between the variance and treynor ratio to decide if Topco Technologies is priced more or less accurately, providing market reflects its prevalent price of 70.8 per share.
Topco Technologies Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Topco, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TopcoTopco |
Topco Technologies 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.
Topco Technologies Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Topco Technologies volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Topco Technologies Trend Analysis
Use this graph to draw trend lines for Topco Technologies. You can use it to identify possible trend reversals for Topco Technologies 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 Topco Technologies price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Topco Technologies Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Topco Technologies applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that Topco Technologies market price will keep on failing further. It has 122 observation points and a regression sum of squares at 11.98, which is the sum of squared deviations for the predicted Topco Technologies price change compared to its average price change.About Topco Technologies 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 Topco Technologies 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 Topco Technologies based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Topco Technologies price pattern first instead of the macroeconomic environment surrounding Topco Technologies. By analyzing Topco Technologies'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 Topco Technologies'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 Topco Technologies specific price patterns or momentum indicators. Please read more on our technical analysis page.
Topco Technologies November 30, 2024 Technical Indicators
Most technical analysis of Topco 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 Topco from various momentum indicators to cycle indicators. When you analyze Topco 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 | (0.01) | |||
| Market Risk Adjusted Performance | (0.06) | |||
| Mean Deviation | 0.4865 | |||
| Coefficient Of Variation | (6,436) | |||
| Standard Deviation | 0.6776 | |||
| Variance | 0.4592 | |||
| Information Ratio | (0.22) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (0.07) | |||
| Maximum Drawdown | 3.23 | |||
| Value At Risk | (0.96) | |||
| Potential Upside | 1.13 | |||
| Skewness | 0.5645 | |||
| Kurtosis | 1.43 |
Additional Tools for Topco Stock Analysis
When running Topco Technologies' price analysis, check to measure Topco Technologies' 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 Topco Technologies is operating at the current time. Most of Topco Technologies' value examination focuses on studying past and present price action to predict the probability of Topco Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Topco Technologies' price. Additionally, you may evaluate how the addition of Topco Technologies to your portfolios can decrease your overall portfolio volatility.