Elite Advanced (Taiwan) Technical Analysis
| 3450 Stock | TWD 256.00 2.00 0.79% |
As of the 26th of January, Elite Advanced shows the Variance of 10.83, standard deviation of 3.29, and Mean Deviation of 2.49. Elite Advanced Laser technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Elite Advanced Laser mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Elite Advanced Laser is priced favorably, providing market reflects its regular price of 256.0 per share.
Elite Advanced Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Elite, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EliteElite |
Elite Advanced '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 Elite Advanced'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 Elite Advanced.
| 10/28/2025 |
| 01/26/2026 |
If you would invest 0.00 in Elite Advanced on October 28, 2025 and sell it all today you would earn a total of 0.00 from holding Elite Advanced Laser or generate 0.0% return on investment in Elite Advanced over 90 days. Elite Advanced is related to or competes with Dynapack International, Chicony Power, Shin Zu, Allis Electric, Ta Ya, Century Wind, and Acbel Polytech. Elite Advanced Laser Corporation provides electronic manufacturing services in Taiwan More
Elite Advanced 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 Elite Advanced'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 Elite Advanced Laser upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 14.09 | |||
| Value At Risk | (4.46) | |||
| Potential Upside | 5.71 |
Elite Advanced Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Elite Advanced's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Elite Advanced's standard deviation. In reality, there are many statistical measures that can use Elite Advanced historical prices to predict the future Elite Advanced's volatility.| Risk Adjusted Performance | 0.0029 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (0.28) |
Elite Advanced January 26, 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 | 0.0029 | |||
| Market Risk Adjusted Performance | (0.27) | |||
| Mean Deviation | 2.49 | |||
| Coefficient Of Variation | (15,091) | |||
| Standard Deviation | 3.29 | |||
| Variance | 10.83 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (0.28) | |||
| Maximum Drawdown | 14.09 | |||
| Value At Risk | (4.46) | |||
| Potential Upside | 5.71 | |||
| Skewness | 0.1775 | |||
| Kurtosis | 1.29 |
Elite Advanced Laser Backtested Returns
Elite Advanced Laser secures Sharpe Ratio (or Efficiency) of -0.0156, which denotes the company had a -0.0156 % return per unit of risk over the last 3 months. Elite Advanced Laser exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Elite Advanced's Variance of 10.83, standard deviation of 3.29, and Mean Deviation of 2.49 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.11, which means not very significant fluctuations relative to the market. As returns on the market increase, Elite Advanced's returns are expected to increase less than the market. However, during the bear market, the loss of holding Elite Advanced is expected to be smaller as well. At this point, Elite Advanced Laser has a negative expected return of -0.0515%. Please make sure to confirm Elite Advanced's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Elite Advanced Laser performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Elite Advanced Laser has insignificant reverse predictability. Overlapping area represents the amount of predictability between Elite Advanced time series from 28th of October 2025 to 12th of December 2025 and 12th of December 2025 to 26th of January 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 Elite Advanced Laser price movement. The serial correlation of -0.17 indicates that over 17.0% of current Elite Advanced price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 80.85 |
Elite Advanced 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.
Elite Advanced Laser Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Elite Advanced Laser volatility. High ATR values indicate high volatility, and low values indicate low volatility.
About Elite Advanced 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 Elite Advanced Laser 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 Elite Advanced Laser based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Elite Advanced Laser price pattern first instead of the macroeconomic environment surrounding Elite Advanced Laser. By analyzing Elite Advanced'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 Elite Advanced'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 Elite Advanced specific price patterns or momentum indicators. Please read more on our technical analysis page.
Elite Advanced January 26, 2026 Technical Indicators
Most technical analysis of Elite 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 Elite from various momentum indicators to cycle indicators. When you analyze Elite 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 | 0.0029 | |||
| Market Risk Adjusted Performance | (0.27) | |||
| Mean Deviation | 2.49 | |||
| Coefficient Of Variation | (15,091) | |||
| Standard Deviation | 3.29 | |||
| Variance | 10.83 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (0.28) | |||
| Maximum Drawdown | 14.09 | |||
| Value At Risk | (4.46) | |||
| Potential Upside | 5.71 | |||
| Skewness | 0.1775 | |||
| Kurtosis | 1.29 |
Elite Advanced January 26, 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 Elite 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 | 0.03 | ||
| Daily Balance Of Power | 0.29 | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 257.00 | ||
| Day Typical Price | 256.67 | ||
| Price Action Indicator | 0.00 | ||
| Market Facilitation Index | 7.00 |
Additional Tools for Elite Stock Analysis
When running Elite Advanced's price analysis, check to measure Elite Advanced'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 Elite Advanced is operating at the current time. Most of Elite Advanced's value examination focuses on studying past and present price action to predict the probability of Elite Advanced's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elite Advanced's price. Additionally, you may evaluate how the addition of Elite Advanced to your portfolios can decrease your overall portfolio volatility.