Sunny Friend (Taiwan) Technical Analysis
| 8341 Stock | TWD 93.90 2.50 2.74% |
As of the 26th of November, Sunny Friend has the Risk Adjusted Performance of (0.01), coefficient of variation of (3,703), and Variance of 3.53. Sunny Friend 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 Sunny Friend Environ standard deviation, information ratio, maximum drawdown, as well as the relationship between the variance and treynor ratio to decide if Sunny Friend is priced more or less accurately, providing market reflects its prevalent price of 93.9 per share.
Sunny Friend Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Sunny, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SunnySunny |
Sunny Friend 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.
Sunny Friend Environ Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Sunny Friend Environ volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Sunny Friend Environ Trend Analysis
Use this graph to draw trend lines for Sunny Friend Environmental. You can use it to identify possible trend reversals for Sunny Friend 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 Sunny Friend price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Sunny Friend Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Sunny Friend Environmental applied against its price change over selected period. The best fit line has a slop of 0.11 , which means Sunny Friend Environmental will continue generating value for investors. It has 122 observation points and a regression sum of squares at 494.14, which is the sum of squared deviations for the predicted Sunny Friend price change compared to its average price change.About Sunny Friend 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 Sunny Friend Environmental 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 Sunny Friend Environmental based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Sunny Friend Environ price pattern first instead of the macroeconomic environment surrounding Sunny Friend Environ. By analyzing Sunny Friend'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 Sunny Friend'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 Sunny Friend specific price patterns or momentum indicators. Please read more on our technical analysis page.
Sunny Friend November 26, 2024 Technical Indicators
Most technical analysis of Sunny 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 Sunny from various momentum indicators to cycle indicators. When you analyze Sunny 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 | (0.01) | |||
| Market Risk Adjusted Performance | (0.09) | |||
| Mean Deviation | 1.33 | |||
| Coefficient Of Variation | (3,703) | |||
| Standard Deviation | 1.88 | |||
| Variance | 3.53 | |||
| Information Ratio | (0.1) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (0.1) | |||
| Maximum Drawdown | 10.46 | |||
| Value At Risk | (3.23) | |||
| Potential Upside | 3.22 | |||
| Skewness | 0.6456 | |||
| Kurtosis | 1.87 |
Sunny Friend November 26, 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 Sunny 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 | 18,770 | ||
| Daily Balance Of Power | 0.47 | ||
| Rate Of Daily Change | 1.03 | ||
| Day Median Price | 93.65 | ||
| Day Typical Price | 93.73 | ||
| Price Action Indicator | 1.50 |
Additional Tools for Sunny Stock Analysis
When running Sunny Friend's price analysis, check to measure Sunny Friend'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 Sunny Friend is operating at the current time. Most of Sunny Friend's value examination focuses on studying past and present price action to predict the probability of Sunny Friend's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sunny Friend's price. Additionally, you may evaluate how the addition of Sunny Friend to your portfolios can decrease your overall portfolio volatility.