Good Finance (Taiwan) Technical Analysis
| 6021 Stock | TWD 24.10 0.05 0.21% |
As of the 11th of December 2024, Good Finance retains the Downside Deviation of 1.47, risk adjusted performance of 0.053, and Market Risk Adjusted Performance of (0.90). Good Finance technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Good Finance Securities downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Good Finance is priced fairly, providing market reflects its last-minute price of 24.1 per share.
Good Finance Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Good, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GoodGood |
Good Finance 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.
Good Finance 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 Good Finance Securities volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Good Finance Securities Trend Analysis
Use this graph to draw trend lines for Good Finance Securities. You can use it to identify possible trend reversals for Good Finance 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 Good Finance price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Good Finance Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Good Finance Securities applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that Good Finance Securities market price will keep on failing further. It has 122 observation points and a regression sum of squares at 7.87, which is the sum of squared deviations for the predicted Good Finance price change compared to its average price change.About Good Finance 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 Good Finance Securities 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 Good Finance Securities based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Good Finance Securities price pattern first instead of the macroeconomic environment surrounding Good Finance Securities. By analyzing Good Finance'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 Good Finance'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 Good Finance specific price patterns or momentum indicators. Please read more on our technical analysis page.
Good Finance December 11, 2024 Technical Indicators
Most technical analysis of Good 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 Good from various momentum indicators to cycle indicators. When you analyze Good 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 | 0.053 | |||
| Market Risk Adjusted Performance | (0.90) | |||
| Mean Deviation | 1.0 | |||
| Semi Deviation | 1.06 | |||
| Downside Deviation | 1.47 | |||
| Coefficient Of Variation | 1547.49 | |||
| Standard Deviation | 1.94 | |||
| Variance | 3.77 | |||
| Information Ratio | 6.0E-4 | |||
| Jensen Alpha | 0.1301 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 7.0E-4 | |||
| Treynor Ratio | (0.91) | |||
| Maximum Drawdown | 13.65 | |||
| Value At Risk | (2.12) | |||
| Potential Upside | 3.8 | |||
| Downside Variance | 2.15 | |||
| Semi Variance | 1.12 | |||
| Expected Short fall | (1.78) | |||
| Skewness | 2.55 | |||
| Kurtosis | 10.97 |
Good Finance December 11, 2024 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 Good 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 | 5,387 | ||
| Daily Balance Of Power | (0.09) | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 24.13 | ||
| Day Typical Price | 24.12 | ||
| Price Action Indicator | (0.05) |
Additional Tools for Good Stock Analysis
When running Good Finance's price analysis, check to measure Good Finance'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 Good Finance is operating at the current time. Most of Good Finance's value examination focuses on studying past and present price action to predict the probability of Good Finance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Good Finance's price. Additionally, you may evaluate how the addition of Good Finance to your portfolios can decrease your overall portfolio volatility.