Tachan Securities (Taiwan) Technical Analysis
| 6020 Stock | TWD 19.10 0.05 0.26% |
As of the 2nd of December, Tachan Securities has the insignificant Risk Adjusted Performance, coefficient of variation of 40218.01, and Semi Deviation of 0.3681. Tachan Securities 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 Tachan Securities mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Tachan Securities is priced more or less accurately, providing market reflects its prevalent price of 19.1 per share.
Tachan Securities Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Tachan, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TachanTachan |
Tachan Securities 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.
Tachan Securities 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 Tachan Securities volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Tachan Securities Trend Analysis
Use this graph to draw trend lines for Tachan Securities Co. You can use it to identify possible trend reversals for Tachan Securities 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 Tachan Securities price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Tachan Securities Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Tachan Securities Co applied against its price change over selected period. The best fit line has a slop of 0.0014 , which may suggest that Tachan Securities Co market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.08, which is the sum of squared deviations for the predicted Tachan Securities price change compared to its average price change.About Tachan Securities 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 Tachan Securities Co 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 Tachan Securities Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Tachan Securities price pattern first instead of the macroeconomic environment surrounding Tachan Securities. By analyzing Tachan Securities'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 Tachan Securities'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 Tachan Securities specific price patterns or momentum indicators. Please read more on our technical analysis page.
Tachan Securities December 2, 2024 Technical Indicators
Most technical analysis of Tachan 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 Tachan from various momentum indicators to cycle indicators. When you analyze Tachan 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) | |||
| Market Risk Adjusted Performance | (0.05) | |||
| Mean Deviation | 0.2537 | |||
| Semi Deviation | 0.3681 | |||
| Downside Deviation | 0.6989 | |||
| Coefficient Of Variation | 40218.01 | |||
| Standard Deviation | 0.5072 | |||
| Variance | 0.2573 | |||
| Information Ratio | (0.27) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.20) | |||
| Treynor Ratio | (0.06) | |||
| Maximum Drawdown | 4.42 | |||
| Value At Risk | (0.78) | |||
| Potential Upside | 0.7874 | |||
| Downside Variance | 0.4884 | |||
| Semi Variance | 0.1355 | |||
| Expected Short fall | (0.56) | |||
| Skewness | 1.42 | |||
| Kurtosis | 12.24 |
Additional Tools for Tachan Stock Analysis
When running Tachan Securities' price analysis, check to measure Tachan Securities' 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 Tachan Securities is operating at the current time. Most of Tachan Securities' value examination focuses on studying past and present price action to predict the probability of Tachan Securities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tachan Securities' price. Additionally, you may evaluate how the addition of Tachan Securities to your portfolios can decrease your overall portfolio volatility.