Tex Year (Taiwan) Technical Analysis
| 4720 Stock | TWD 19.95 0.10 0.50% |
As of the 24th of November, Tex Year has the Variance of 4.94, coefficient of variation of (3,274), and Risk Adjusted Performance of (0.02). Tex Year 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 Tex Year Industries mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Tex Year is priced more or less accurately, providing market reflects its prevalent price of 19.95 per share.
Tex Year Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Tex, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TexTex |
Tex Year 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.
Tex Year Industries 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 Tex Year Industries volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Tex Year Industries Trend Analysis
Use this graph to draw trend lines for Tex Year Industries. You can use it to identify possible trend reversals for Tex Year 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 Tex Year price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Tex Year Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Tex Year Industries applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that Tex Year Industries market price will keep on failing further. It has 122 observation points and a regression sum of squares at 3.86, which is the sum of squared deviations for the predicted Tex Year price change compared to its average price change.About Tex Year 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 Tex Year Industries 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 Tex Year Industries based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Tex Year Industries price pattern first instead of the macroeconomic environment surrounding Tex Year Industries. By analyzing Tex Year'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 Tex Year'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 Tex Year specific price patterns or momentum indicators. Please read more on our technical analysis page.
Tex Year November 24, 2024 Technical Indicators
Most technical analysis of Tex 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 Tex from various momentum indicators to cycle indicators. When you analyze Tex 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 | (0.02) | |||
| Market Risk Adjusted Performance | (0.15) | |||
| Mean Deviation | 1.52 | |||
| Coefficient Of Variation | (3,274) | |||
| Standard Deviation | 2.22 | |||
| Variance | 4.94 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (0.16) | |||
| Maximum Drawdown | 12.26 | |||
| Value At Risk | (3.39) | |||
| Potential Upside | 3.51 | |||
| Skewness | 0.7273 | |||
| Kurtosis | 3.76 |
Additional Tools for Tex Stock Analysis
When running Tex Year's price analysis, check to measure Tex Year'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 Tex Year is operating at the current time. Most of Tex Year's value examination focuses on studying past and present price action to predict the probability of Tex Year's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tex Year's price. Additionally, you may evaluate how the addition of Tex Year to your portfolios can decrease your overall portfolio volatility.