Topoint Technology (Taiwan) Technical Analysis
| 8021 Stock | TWD 33.00 0.10 0.30% |
As of the 30th of November, Topoint Technology has the Variance of 6.07, coefficient of variation of (1,061), and Risk Adjusted Performance of (0.07). Topoint Technology 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 Topoint Technology treynor ratio, value at risk, and the relationship between the information ratio and maximum drawdown to decide if Topoint Technology is priced more or less accurately, providing market reflects its prevalent price of 33.0 per share.
Topoint 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 Topoint, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TopointTopoint |
Topoint 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.
Topoint 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 Topoint Technology volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Topoint Technology Trend Analysis
Use this graph to draw trend lines for Topoint Technology Co. You can use it to identify possible trend reversals for Topoint 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 Topoint Technology price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Topoint Technology Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Topoint Technology Co applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that Topoint Technology Co market price will keep on failing further. It has 122 observation points and a regression sum of squares at 4.98, which is the sum of squared deviations for the predicted Topoint Technology price change compared to its average price change.About Topoint 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 Topoint Technology 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 Topoint Technology Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Topoint Technology price pattern first instead of the macroeconomic environment surrounding Topoint Technology. By analyzing Topoint 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 Topoint 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 Topoint Technology specific price patterns or momentum indicators. Please read more on our technical analysis page.
Topoint Technology November 30, 2024 Technical Indicators
Most technical analysis of Topoint 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 Topoint from various momentum indicators to cycle indicators. When you analyze Topoint 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 | (0.07) | |||
| Market Risk Adjusted Performance | 1.75 | |||
| Mean Deviation | 1.85 | |||
| Coefficient Of Variation | (1,061) | |||
| Standard Deviation | 2.46 | |||
| Variance | 6.07 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.65) | |||
| Treynor Ratio | 1.74 | |||
| Maximum Drawdown | 14.9 | |||
| Value At Risk | (3.36) | |||
| Potential Upside | 3.74 | |||
| Skewness | (0.32) | |||
| Kurtosis | 1.72 |
Additional Tools for Topoint Stock Analysis
When running Topoint Technology's price analysis, check to measure Topoint 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 Topoint Technology is operating at the current time. Most of Topoint Technology's value examination focuses on studying past and present price action to predict the probability of Topoint 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 Topoint Technology's price. Additionally, you may evaluate how the addition of Topoint Technology to your portfolios can decrease your overall portfolio volatility.