Fubon Nifty (Taiwan) Technical Analysis
00653L Etf | TWD 57.55 0.50 0.88% |
As of the 28th of March, Fubon Nifty shows the Downside Deviation of 1.57, mean deviation of 1.08, and Semi Deviation of 1.24. Fubon Nifty 2X technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Fubon Nifty 2X, which can be compared to its rivals. Please confirm Fubon Nifty 2X semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation to decide if Fubon Nifty 2X is priced favorably, providing market reflects its regular price of 57.55 per share.
Fubon Nifty Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Fubon, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FubonFubon |
Fubon Nifty technical etf 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, etf market cycles, or different charting patterns.
Fubon Nifty 2X Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Fubon Nifty 2X volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Fubon Nifty 2X Trend Analysis
Use this graph to draw trend lines for Fubon Nifty 2X. You can use it to identify possible trend reversals for Fubon Nifty 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 Fubon Nifty price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Fubon Nifty Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Fubon Nifty 2X applied against its price change over selected period. The best fit line has a slop of 0.03 , which means Fubon Nifty 2X will continue generating value for investors. It has 122 observation points and a regression sum of squares at 45.24, which is the sum of squared deviations for the predicted Fubon Nifty price change compared to its average price change.About Fubon Nifty 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 Fubon Nifty 2X 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 Fubon Nifty 2X based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Fubon Nifty 2X price pattern first instead of the macroeconomic environment surrounding Fubon Nifty 2X. By analyzing Fubon Nifty'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 Fubon Nifty'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 Fubon Nifty specific price patterns or momentum indicators. Please read more on our technical analysis page.
Fubon Nifty March 28, 2024 Technical Indicators
Most technical analysis of Fubon 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 Fubon from various momentum indicators to cycle indicators. When you analyze Fubon 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 | 0.1141 | |||
Market Risk Adjusted Performance | 1.65 | |||
Mean Deviation | 1.08 | |||
Semi Deviation | 1.24 | |||
Downside Deviation | 1.57 | |||
Coefficient Of Variation | 514.26 | |||
Standard Deviation | 1.42 | |||
Variance | 2.03 | |||
Information Ratio | 0.1002 | |||
Jensen Alpha | 0.2468 | |||
Total Risk Alpha | (0.05) | |||
Sortino Ratio | 0.0912 | |||
Treynor Ratio | 1.64 | |||
Maximum Drawdown | 7.21 | |||
Value At Risk | (1.82) | |||
Potential Upside | 2.61 | |||
Downside Variance | 2.45 | |||
Semi Variance | 1.54 | |||
Expected Short fall | (1.17) | |||
Skewness | (0.54) | |||
Kurtosis | 0.9636 |
Fubon Nifty March 28, 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 Fubon 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 | 5,218 | ||
Daily Balance Of Power | 0.53 | ||
Rate Of Daily Change | 1.01 | ||
Day Median Price | 57.28 | ||
Day Typical Price | 57.37 | ||
Price Action Indicator | 0.52 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Fubon Nifty 2X. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Fubon Nifty 2X information on this page should be used as a complementary analysis to other Fubon Nifty's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Fubon Etf analysis
When running Fubon Nifty's price analysis, check to measure Fubon Nifty'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 Fubon Nifty is operating at the current time. Most of Fubon Nifty's value examination focuses on studying past and present price action to predict the probability of Fubon Nifty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fubon Nifty's price. Additionally, you may evaluate how the addition of Fubon Nifty to your portfolios can decrease your overall portfolio volatility.
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