YungShin Global (Taiwan) Technical Analysis
| 3705 Stock | TWD 57.90 0.20 0.34% |
As of the 23rd of November, YungShin Global maintains the Market Risk Adjusted Performance of (0.05), mean deviation of 1.06, and Downside Deviation of 1.69. YungShin Global Holding 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 YungShin Global Holding downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if YungShin Global Holding is priced fairly, providing market reflects its latest price of 57.9 per share.
YungShin Global Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as YungShin, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to YungShinYungShin |
YungShin Global 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.
YungShin Global Holding 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 YungShin Global Holding volatility. High ATR values indicate high volatility, and low values indicate low volatility.
YungShin Global Holding Trend Analysis
Use this graph to draw trend lines for YungShin Global Holding. You can use it to identify possible trend reversals for YungShin Global 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 YungShin Global price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.YungShin Global Best Fit Change Line
The following chart estimates an ordinary least squares regression model for YungShin Global Holding applied against its price change over selected period. The best fit line has a slop of 0.04 , which may suggest that YungShin Global Holding market price will keep on failing further. It has 122 observation points and a regression sum of squares at 66.43, which is the sum of squared deviations for the predicted YungShin Global price change compared to its average price change.About YungShin Global 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 YungShin Global Holding 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 YungShin Global Holding based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on YungShin Global Holding price pattern first instead of the macroeconomic environment surrounding YungShin Global Holding. By analyzing YungShin Global'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 YungShin Global'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 YungShin Global specific price patterns or momentum indicators. Please read more on our technical analysis page.
YungShin Global November 23, 2024 Technical Indicators
Most technical analysis of YungShin 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 YungShin from various momentum indicators to cycle indicators. When you analyze YungShin 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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| Volume Indicators |
| Risk Adjusted Performance | 0.0214 | |||
| Market Risk Adjusted Performance | (0.05) | |||
| Mean Deviation | 1.06 | |||
| Semi Deviation | 1.48 | |||
| Downside Deviation | 1.69 | |||
| Coefficient Of Variation | 4801.43 | |||
| Standard Deviation | 1.69 | |||
| Variance | 2.86 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | 0.0768 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0.06) | |||
| Maximum Drawdown | 11.3 | |||
| Value At Risk | (2.07) | |||
| Potential Upside | 2.32 | |||
| Downside Variance | 2.86 | |||
| Semi Variance | 2.2 | |||
| Expected Short fall | (1.49) | |||
| Skewness | (0.30) | |||
| Kurtosis | 4.43 |
Additional Tools for YungShin Stock Analysis
When running YungShin Global's price analysis, check to measure YungShin Global'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 YungShin Global is operating at the current time. Most of YungShin Global's value examination focuses on studying past and present price action to predict the probability of YungShin Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move YungShin Global's price. Additionally, you may evaluate how the addition of YungShin Global to your portfolios can decrease your overall portfolio volatility.