Polytronics Technology (Taiwan) Technical Analysis
6224 Stock | TWD 62.00 0.20 0.32% |
As of the 30th of November, Polytronics Technology holds the Coefficient Of Variation of (6,393), insignificant risk adjusted performance, and Variance of 11.04. Polytronics Technology 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 Polytronics Technology variance, treynor ratio, and the relationship between the standard deviation and information ratio to decide if Polytronics Technology is priced some-what accurately, providing market reflects its current price of 62.0 per share.
Polytronics Technology Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Polytronics, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PolytronicsPolytronics |
Polytronics Technology 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.
Polytronics Technology Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Polytronics Technology volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Polytronics Technology Trend Analysis
Use this graph to draw trend lines for Polytronics Technology Corp. You can use it to identify possible trend reversals for Polytronics Technology 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 Polytronics Technology price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Polytronics Technology Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Polytronics Technology Corp applied against its price change over selected period. The best fit line has a slop of 0.0008 , which means Polytronics Technology Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.02, which is the sum of squared deviations for the predicted Polytronics Technology price change compared to its average price change.About Polytronics Technology 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 Polytronics Technology 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 Polytronics Technology Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Polytronics Technology price pattern first instead of the macroeconomic environment surrounding Polytronics Technology. By analyzing Polytronics Technology'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 Polytronics Technology'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 Polytronics Technology specific price patterns or momentum indicators. Please read more on our technical analysis page.
Polytronics Technology November 30, 2024 Technical Indicators
Most technical analysis of Polytronics 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 Polytronics from various momentum indicators to cycle indicators. When you analyze Polytronics 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) | |||
Market Risk Adjusted Performance | (0.40) | |||
Mean Deviation | 2.35 | |||
Coefficient Of Variation | (6,393) | |||
Standard Deviation | 3.32 | |||
Variance | 11.04 | |||
Information Ratio | (0.06) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.62) | |||
Treynor Ratio | (0.41) | |||
Maximum Drawdown | 18.32 | |||
Value At Risk | (5.63) | |||
Potential Upside | 6.19 | |||
Skewness | 0.338 | |||
Kurtosis | 1.6 |
Polytronics Technology November 30, 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 Polytronics 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 | 3,584 | ||
Daily Balance Of Power | 0.11 | ||
Rate Of Daily Change | 1.00 | ||
Day Median Price | 61.70 | ||
Day Typical Price | 61.80 | ||
Price Action Indicator | 0.40 |
Additional Tools for Polytronics Stock Analysis
When running Polytronics Technology's price analysis, check to measure Polytronics Technology'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 Polytronics Technology is operating at the current time. Most of Polytronics Technology's value examination focuses on studying past and present price action to predict the probability of Polytronics Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Polytronics Technology's price. Additionally, you may evaluate how the addition of Polytronics Technology to your portfolios can decrease your overall portfolio volatility.