Primax Electronics (Taiwan) Technical Analysis
| 4915 Stock | TWD 77.00 4.80 5.87% |
As of the 3rd of March, Primax Electronics holds the Variance of 2.34, risk adjusted performance of (0.02), and Coefficient Of Variation of (2,587). Primax Electronics technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the company's future prices. Please check Primax Electronics mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Primax Electronics is priced some-what accurately, providing market reflects its current price of 77.0 per share.
Primax Electronics Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Primax, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PrimaxPrimax |
Primax Electronics '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 Primax Electronics' 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 Primax Electronics.
| 12/03/2025 |
| 03/03/2026 |
If you would invest 0.00 in Primax Electronics on December 3, 2025 and sell it all today you would earn a total of 0.00 from holding Primax Electronics or generate 0.0% return on investment in Primax Electronics over 90 days. Primax Electronics is related to or competes with Ennoconn Corp, ASRock, Kinpo Electronics, InnoDisk, Genius Electronic, Foxsemicon Integrated, and Test Research. Primax Electronics Ltd., together with its subsidiaries, manufactures and sells computer peripherals and non-computer pe... More
Primax Electronics 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 Primax Electronics' 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 Primax Electronics upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 6.67 | |||
| Value At Risk | (2.48) | |||
| Potential Upside | 2.82 |
Primax Electronics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Primax Electronics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Primax Electronics' standard deviation. In reality, there are many statistical measures that can use Primax Electronics historical prices to predict the future Primax Electronics' volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.84) |
Primax Electronics March 3, 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 | (0.02) | |||
| Market Risk Adjusted Performance | (0.83) | |||
| Mean Deviation | 1.18 | |||
| Coefficient Of Variation | (2,587) | |||
| Standard Deviation | 1.53 | |||
| Variance | 2.34 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.84) | |||
| Maximum Drawdown | 6.67 | |||
| Value At Risk | (2.48) | |||
| Potential Upside | 2.82 | |||
| Skewness | 0.3949 | |||
| Kurtosis | 0.3585 |
Primax Electronics Backtested Returns
Primax Electronics maintains Sharpe Ratio (i.e., Efficiency) of -0.0546, which implies the firm had a -0.0546 % return per unit of risk over the last 3 months. Primax Electronics exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Primax Electronics' Coefficient Of Variation of (2,587), risk adjusted performance of (0.02), and Variance of 2.34 to confirm the risk estimate we provide. The company holds a Beta of 0.0821, which implies not very significant fluctuations relative to the market. As returns on the market increase, Primax Electronics' returns are expected to increase less than the market. However, during the bear market, the loss of holding Primax Electronics is expected to be smaller as well. At this point, Primax Electronics has a negative expected return of -0.093%. Please make sure to check Primax Electronics' mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Primax Electronics performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.12 |
Insignificant reverse predictability
Primax Electronics has insignificant reverse predictability. Overlapping area represents the amount of predictability between Primax Electronics time series from 3rd of December 2025 to 17th of January 2026 and 17th of January 2026 to 3rd of March 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 Primax Electronics price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Primax Electronics price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 3.16 |
Primax Electronics 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.
Primax Electronics Technical Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Normalized Average True Range is used to analyze tradable apportunities for Primax Electronics across different markets.
About Primax Electronics 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 Primax Electronics 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 Primax Electronics based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Primax Electronics price pattern first instead of the macroeconomic environment surrounding Primax Electronics. By analyzing Primax Electronics'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 Primax Electronics'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 Primax Electronics specific price patterns or momentum indicators. Please read more on our technical analysis page.
Primax Electronics March 3, 2026 Technical Indicators
Most technical analysis of Primax 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 Primax from various momentum indicators to cycle indicators. When you analyze Primax 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 | (0.02) | |||
| Market Risk Adjusted Performance | (0.83) | |||
| Mean Deviation | 1.18 | |||
| Coefficient Of Variation | (2,587) | |||
| Standard Deviation | 1.53 | |||
| Variance | 2.34 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.84) | |||
| Maximum Drawdown | 6.67 | |||
| Value At Risk | (2.48) | |||
| Potential Upside | 2.82 | |||
| Skewness | 0.3949 | |||
| Kurtosis | 0.3585 |
Primax Electronics March 3, 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 Primax 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 | 501,402 | ||
| Daily Balance Of Power | (1.37) | ||
| Rate Of Daily Change | 0.94 | ||
| Day Median Price | 78.45 | ||
| Day Typical Price | 77.97 | ||
| Price Action Indicator | (3.85) |
Additional Tools for Primax Stock Analysis
When running Primax Electronics' price analysis, check to measure Primax Electronics' 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 Primax Electronics is operating at the current time. Most of Primax Electronics' value examination focuses on studying past and present price action to predict the probability of Primax Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Primax Electronics' price. Additionally, you may evaluate how the addition of Primax Electronics to your portfolios can decrease your overall portfolio volatility.