Shin Hai (Taiwan) Technical Analysis
| 9926 Stock | TWD 52.70 0.50 0.96% |
As of the 2nd of December, Shin Hai has the Variance of 0.6566, coefficient of variation of (1,607), and Risk Adjusted Performance of (0.05). Shin Hai 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 Shin Hai Gas variance, treynor ratio, and the relationship between the standard deviation and information ratio to decide if Shin Hai is priced more or less accurately, providing market reflects its prevalent price of 52.7 per share.
Shin Hai Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Shin, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ShinShin |
Shin Hai 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.
Shin Hai Gas 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 Shin Hai Gas volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Shin Hai Gas Trend Analysis
Use this graph to draw trend lines for Shin Hai Gas. You can use it to identify possible trend reversals for Shin Hai 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 Shin Hai price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Shin Hai Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Shin Hai Gas applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that Shin Hai Gas market price will keep on failing further. It has 122 observation points and a regression sum of squares at 40.34, which is the sum of squared deviations for the predicted Shin Hai price change compared to its average price change.About Shin Hai 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 Shin Hai Gas 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 Shin Hai Gas based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Shin Hai Gas price pattern first instead of the macroeconomic environment surrounding Shin Hai Gas. By analyzing Shin Hai'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 Shin Hai'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 Shin Hai specific price patterns or momentum indicators. Please read more on our technical analysis page.
Shin Hai December 2, 2024 Technical Indicators
Most technical analysis of Shin 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 Shin from various momentum indicators to cycle indicators. When you analyze Shin 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 | (0.05) | |||
| Market Risk Adjusted Performance | (0.22) | |||
| Mean Deviation | 0.5804 | |||
| Coefficient Of Variation | (1,607) | |||
| Standard Deviation | 0.8103 | |||
| Variance | 0.6566 | |||
| Information Ratio | (0.23) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.23) | |||
| Maximum Drawdown | 3.52 | |||
| Value At Risk | (1.32) | |||
| Potential Upside | 1.31 | |||
| Skewness | 0.048 | |||
| Kurtosis | 0.4552 |
Additional Tools for Shin Stock Analysis
When running Shin Hai's price analysis, check to measure Shin Hai'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 Shin Hai is operating at the current time. Most of Shin Hai's value examination focuses on studying past and present price action to predict the probability of Shin Hai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shin Hai's price. Additionally, you may evaluate how the addition of Shin Hai to your portfolios can decrease your overall portfolio volatility.