Welldone (Taiwan) Technical Analysis
| 6170 Stock | TWD 50.00 1.30 2.53% |
As of the 12th of December 2024, Welldone maintains the Downside Deviation of 1.46, mean deviation of 0.9977, and Market Risk Adjusted Performance of (2.71). Welldone technical analysis makes it possible for you to employ past prices and volume data with the intention to determine a pattern that calculates the direction of the company's future prices. Please check out Welldone coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if Welldone is priced fairly, providing market reflects its latest price of 50.0 per share.
Welldone Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Welldone, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WelldoneWelldone |
Welldone 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.
Welldone Technical Analysis
The output start index for this execution was fourty-two with a total number of output elements of nineteen. 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 Welldone volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Welldone Trend Analysis
Use this graph to draw trend lines for Welldone Co. You can use it to identify possible trend reversals for Welldone 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 Welldone price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Welldone Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Welldone Co applied against its price change over selected period. The best fit line has a slop of 0.10 , which means Welldone Co will continue generating value for investors. It has 122 observation points and a regression sum of squares at 398.09, which is the sum of squared deviations for the predicted Welldone price change compared to its average price change.About Welldone 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 Welldone 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 Welldone Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Welldone price pattern first instead of the macroeconomic environment surrounding Welldone. By analyzing Welldone'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 Welldone'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 Welldone specific price patterns or momentum indicators. Please read more on our technical analysis page.
Welldone December 12, 2024 Technical Indicators
Most technical analysis of Welldone 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 Welldone from various momentum indicators to cycle indicators. When you analyze Welldone 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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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volume Indicators |
| Risk Adjusted Performance | 0.1148 | |||
| Market Risk Adjusted Performance | (2.71) | |||
| Mean Deviation | 0.9977 | |||
| Semi Deviation | 1.07 | |||
| Downside Deviation | 1.46 | |||
| Coefficient Of Variation | 656.52 | |||
| Standard Deviation | 1.39 | |||
| Variance | 1.94 | |||
| Information Ratio | 0.0629 | |||
| Jensen Alpha | 0.2105 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0601 | |||
| Treynor Ratio | (2.72) | |||
| Maximum Drawdown | 7.42 | |||
| Value At Risk | (2.27) | |||
| Potential Upside | 2.53 | |||
| Downside Variance | 2.12 | |||
| Semi Variance | 1.14 | |||
| Expected Short fall | (1.20) | |||
| Skewness | 0.0451 | |||
| Kurtosis | 1.01 |
Additional Tools for Welldone Stock Analysis
When running Welldone's price analysis, check to measure Welldone'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 Welldone is operating at the current time. Most of Welldone's value examination focuses on studying past and present price action to predict the probability of Welldone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Welldone's price. Additionally, you may evaluate how the addition of Welldone to your portfolios can decrease your overall portfolio volatility.