Cleanaway (Taiwan) Technical Analysis
| 8422 Stock | TWD 181.00 1.00 0.55% |
As of the 27th of November, Cleanaway shows the risk adjusted performance of (0.01), and Mean Deviation of 0.528. Cleanaway technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Cleanaway coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if Cleanaway is priced correctly, providing market reflects its regular price of 181.0 per share.
Cleanaway Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Cleanaway, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CleanawayCleanaway |
Cleanaway 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.
Cleanaway 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 Cleanaway volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Cleanaway Trend Analysis
Use this graph to draw trend lines for Cleanaway Co. You can use it to identify possible trend reversals for Cleanaway 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 Cleanaway price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Cleanaway Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Cleanaway Co applied against its price change over selected period. The best fit line has a slop of 0.1 , which may suggest that Cleanaway Co market price will keep on failing further. It has 122 observation points and a regression sum of squares at 358.46, which is the sum of squared deviations for the predicted Cleanaway price change compared to its average price change.About Cleanaway 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 Cleanaway 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 Cleanaway Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Cleanaway price pattern first instead of the macroeconomic environment surrounding Cleanaway. By analyzing Cleanaway'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 Cleanaway'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 Cleanaway specific price patterns or momentum indicators. Please read more on our technical analysis page.
Cleanaway November 27, 2024 Technical Indicators
Most technical analysis of Cleanaway 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 Cleanaway from various momentum indicators to cycle indicators. When you analyze Cleanaway 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 | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.28) | |||
| Mean Deviation | 0.528 | |||
| Coefficient Of Variation | (9,914) | |||
| Standard Deviation | 0.8718 | |||
| Variance | 0.76 | |||
| Information Ratio | (0.16) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.29) | |||
| Maximum Drawdown | 6.99 | |||
| Value At Risk | (1.08) | |||
| Potential Upside | 1.08 | |||
| Skewness | 1.62 | |||
| Kurtosis | 10.08 |
Additional Tools for Cleanaway Stock Analysis
When running Cleanaway's price analysis, check to measure Cleanaway'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 Cleanaway is operating at the current time. Most of Cleanaway's value examination focuses on studying past and present price action to predict the probability of Cleanaway's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cleanaway's price. Additionally, you may evaluate how the addition of Cleanaway to your portfolios can decrease your overall portfolio volatility.