Tainet Communication (Taiwan) Technical Analysis
| 4905 Stock | TWD 78.00 1.00 1.30% |
As of the 24th of January, Tainet Communication has the Variance of 4.57, coefficient of variation of (1,130), and Risk Adjusted Performance of (0.07). Tainet Communication 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 Tainet Communication mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Tainet Communication is priced more or less accurately, providing market reflects its prevalent price of 78.0 per share.
Tainet Communication Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Tainet, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TainetTainet |
Tainet Communication 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.
Tainet Communication Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 Tainet Communication volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Tainet Communication Trend Analysis
Use this graph to draw trend lines for Tainet Communication System. You can use it to identify possible trend reversals for Tainet Communication 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 Tainet Communication price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Tainet Communication Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Tainet Communication System applied against its price change over selected period. The best fit line has a slop of 0.23 , which may suggest that Tainet Communication System market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2075.52, which is the sum of squared deviations for the predicted Tainet Communication price change compared to its average price change.About Tainet Communication 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 Tainet Communication System 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 Tainet Communication System based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Tainet Communication price pattern first instead of the macroeconomic environment surrounding Tainet Communication. By analyzing Tainet Communication'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 Tainet Communication'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 Tainet Communication specific price patterns or momentum indicators. Please read more on our technical analysis page.
Tainet Communication January 24, 2025 Technical Indicators
Most technical analysis of Tainet 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 Tainet from various momentum indicators to cycle indicators. When you analyze Tainet 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 | (0.07) | |||
| Market Risk Adjusted Performance | (0.23) | |||
| Mean Deviation | 1.27 | |||
| Coefficient Of Variation | (1,130) | |||
| Standard Deviation | 2.14 | |||
| Variance | 4.57 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.24) | |||
| Maximum Drawdown | 18.27 | |||
| Value At Risk | (2.98) | |||
| Potential Upside | 2.23 | |||
| Skewness | 0.6827 | |||
| Kurtosis | 9.96 |
Additional Tools for Tainet Stock Analysis
When running Tainet Communication's price analysis, check to measure Tainet Communication'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 Tainet Communication is operating at the current time. Most of Tainet Communication's value examination focuses on studying past and present price action to predict the probability of Tainet Communication's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tainet Communication's price. Additionally, you may evaluate how the addition of Tainet Communication to your portfolios can decrease your overall portfolio volatility.