Neo Neon (Taiwan) Technical Analysis
| 911868 Stock | TWD 1.49 0.02 1.36% |
As of the 2nd of December, Neo Neon secures the Mean Deviation of 1.17, risk adjusted performance of (0.03), and Standard Deviation of 1.89. Neo Neon Holdings Limited technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices.
Neo Neon Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Neo, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NeoNeo |
Neo Neon 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.
Neo Neon Holdings Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Neo Neon Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Neo Neon Holdings Trend Analysis
Use this graph to draw trend lines for Neo Neon Holdings Limited. You can use it to identify possible trend reversals for Neo Neon 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 Neo Neon price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Neo Neon Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Neo Neon Holdings Limited applied against its price change over selected period. The best fit line has a slop of 0.0001 , which may suggest that Neo Neon Holdings Limited market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Neo Neon price change compared to its average price change.About Neo Neon 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 Neo Neon Holdings Limited 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 Neo Neon Holdings Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Neo Neon Holdings price pattern first instead of the macroeconomic environment surrounding Neo Neon Holdings. By analyzing Neo Neon'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 Neo Neon'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 Neo Neon specific price patterns or momentum indicators. Please read more on our technical analysis page.
Neo Neon December 2, 2024 Technical Indicators
Most technical analysis of Neo 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 Neo from various momentum indicators to cycle indicators. When you analyze Neo 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 | (0.03) | |||
| Market Risk Adjusted Performance | 0.2062 | |||
| Mean Deviation | 1.17 | |||
| Coefficient Of Variation | (2,089) | |||
| Standard Deviation | 1.89 | |||
| Variance | 3.59 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | 0.1962 | |||
| Maximum Drawdown | 12.46 | |||
| Value At Risk | (2.53) | |||
| Potential Upside | 3.25 | |||
| Skewness | 2.16 | |||
| Kurtosis | 9.35 |
Complementary Tools for Neo Stock analysis
When running Neo Neon's price analysis, check to measure Neo Neon'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 Neo Neon is operating at the current time. Most of Neo Neon's value examination focuses on studying past and present price action to predict the probability of Neo Neon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neo Neon's price. Additionally, you may evaluate how the addition of Neo Neon to your portfolios can decrease your overall portfolio volatility.
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