BenQ Medical (Taiwan) Technical Analysis
| 4116 Stock | TWD 48.20 0.95 2.01% |
As of the 2nd of December, BenQ Medical shows the Mean Deviation of 0.7153, standard deviation of 0.9574, and Risk Adjusted Performance of (0.04). BenQ Medical Technology technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm BenQ Medical Technology standard deviation, information ratio, maximum drawdown, as well as the relationship between the variance and treynor ratio to decide if BenQ Medical Technology is priced correctly, providing market reflects its regular price of 48.2 per share.
BenQ Medical Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as BenQ, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BenQBenQ |
BenQ Medical 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.
BenQ Medical Technology Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 BenQ Medical Technology volatility. High ATR values indicate high volatility, and low values indicate low volatility.
BenQ Medical Technology Trend Analysis
Use this graph to draw trend lines for BenQ Medical Technology. You can use it to identify possible trend reversals for BenQ Medical 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 BenQ Medical price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.BenQ Medical Best Fit Change Line
The following chart estimates an ordinary least squares regression model for BenQ Medical Technology applied against its price change over selected period. The best fit line has a slop of 0.07 , which may suggest that BenQ Medical Technology market price will keep on failing further. It has 122 observation points and a regression sum of squares at 180.02, which is the sum of squared deviations for the predicted BenQ Medical price change compared to its average price change.About BenQ Medical 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 BenQ Medical 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 BenQ Medical Technology based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on BenQ Medical Technology price pattern first instead of the macroeconomic environment surrounding BenQ Medical Technology. By analyzing BenQ Medical'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 BenQ Medical'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 BenQ Medical specific price patterns or momentum indicators. Please read more on our technical analysis page.
BenQ Medical December 2, 2024 Technical Indicators
Most technical analysis of BenQ 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 BenQ from various momentum indicators to cycle indicators. When you analyze BenQ 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 | (0.04) | |||
| Market Risk Adjusted Performance | (0.28) | |||
| Mean Deviation | 0.7153 | |||
| Coefficient Of Variation | (1,771) | |||
| Standard Deviation | 0.9574 | |||
| Variance | 0.9167 | |||
| Information Ratio | (0.20) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.29) | |||
| Maximum Drawdown | 5.07 | |||
| Value At Risk | (1.62) | |||
| Potential Upside | 1.81 | |||
| Skewness | 0.679 | |||
| Kurtosis | 1.78 |
Additional Tools for BenQ Stock Analysis
When running BenQ Medical's price analysis, check to measure BenQ Medical'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 BenQ Medical is operating at the current time. Most of BenQ Medical's value examination focuses on studying past and present price action to predict the probability of BenQ Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BenQ Medical's price. Additionally, you may evaluate how the addition of BenQ Medical to your portfolios can decrease your overall portfolio volatility.