Radiant Opto (Taiwan) Technical Analysis
| 6176 Stock | TWD 191.00 1.50 0.78% |
As of the 28th of November, Radiant Opto holds the Semi Deviation of 1.63, risk adjusted performance of 0.0456, and Coefficient Of Variation of 1913.99. Radiant Opto Electro 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 Radiant Opto Electro semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation to decide if Radiant Opto Electro is priced some-what accurately, providing market reflects its current price of 191.0 per share.
Radiant Opto Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Radiant, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RadiantRadiant |
Radiant Opto 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.
Radiant Opto Electro Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 Radiant Opto Electro volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Radiant Opto Electro Trend Analysis
Use this graph to draw trend lines for Radiant Opto Electronics Corp. You can use it to identify possible trend reversals for Radiant Opto 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 Radiant Opto price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Radiant Opto Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Radiant Opto Electronics Corp applied against its price change over selected period. The best fit line has a slop of 0.04 , which means Radiant Opto Electronics Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 48.98, which is the sum of squared deviations for the predicted Radiant Opto price change compared to its average price change.About Radiant Opto 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 Radiant Opto Electronics Corp 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 Radiant Opto Electronics Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Radiant Opto Electro price pattern first instead of the macroeconomic environment surrounding Radiant Opto Electro. By analyzing Radiant Opto'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 Radiant Opto'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 Radiant Opto specific price patterns or momentum indicators. Please read more on our technical analysis page.
Radiant Opto November 28, 2024 Technical Indicators
Most technical analysis of Radiant 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 Radiant from various momentum indicators to cycle indicators. When you analyze Radiant 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 | 0.0456 | |||
| Market Risk Adjusted Performance | (0.31) | |||
| Mean Deviation | 1.3 | |||
| Semi Deviation | 1.63 | |||
| Downside Deviation | 1.84 | |||
| Coefficient Of Variation | 1913.99 | |||
| Standard Deviation | 1.76 | |||
| Variance | 3.09 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | 0.1128 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.32) | |||
| Maximum Drawdown | 10.57 | |||
| Value At Risk | (2.50) | |||
| Potential Upside | 2.55 | |||
| Downside Variance | 3.38 | |||
| Semi Variance | 2.65 | |||
| Expected Short fall | (1.40) | |||
| Skewness | 0.4135 | |||
| Kurtosis | 2.09 |
Radiant Opto November 28, 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 Radiant 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 | 15,320 | ||
| Daily Balance Of Power | (0.60) | ||
| Rate Of Daily Change | 0.99 | ||
| Day Median Price | 192.25 | ||
| Day Typical Price | 191.83 | ||
| Price Action Indicator | (2.00) |
Additional Tools for Radiant Stock Analysis
When running Radiant Opto's price analysis, check to measure Radiant Opto'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 Radiant Opto is operating at the current time. Most of Radiant Opto's value examination focuses on studying past and present price action to predict the probability of Radiant Opto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Radiant Opto's price. Additionally, you may evaluate how the addition of Radiant Opto to your portfolios can decrease your overall portfolio volatility.