Tung Ho (Taiwan) Technical Analysis
| 1414 Stock | TWD 20.15 0.25 1.26% |
As of the 24th of April, Tung Ho has the Semi Deviation of 1.72, coefficient of variation of 1070.05, and Risk Adjusted Performance of 0.0657. Tung Ho 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. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Tung Ho Textile, which can be compared to its competition. Please validate Tung Ho Textile coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if Tung Ho is priced more or less accurately, providing market reflects its prevalent price of 20.15 per share.
Tung Ho Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Tung, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TungTung |
Tung Ho 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.
Tung Ho Textile 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 Tung Ho Textile volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Tung Ho Textile Trend Analysis
Use this graph to draw trend lines for Tung Ho Textile. You can use it to identify possible trend reversals for Tung Ho 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 Tung Ho price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Tung Ho Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Tung Ho Textile applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Tung Ho Textile will continue generating value for investors. It has 122 observation points and a regression sum of squares at 17.4, which is the sum of squared deviations for the predicted Tung Ho price change compared to its average price change.About Tung Ho 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 Tung Ho Textile 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 Tung Ho Textile based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Tung Ho Textile price pattern first instead of the macroeconomic environment surrounding Tung Ho Textile. By analyzing Tung Ho'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 Tung Ho'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 Tung Ho specific price patterns or momentum indicators. Please read more on our technical analysis page.
Tung Ho April 24, 2024 Technical Indicators
Most technical analysis of Tung 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 Tung from various momentum indicators to cycle indicators. When you analyze Tung 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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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0657 | |||
| Market Risk Adjusted Performance | 0.2531 | |||
| Mean Deviation | 1.43 | |||
| Semi Deviation | 1.72 | |||
| Downside Deviation | 2.01 | |||
| Coefficient Of Variation | 1070.05 | |||
| Standard Deviation | 2.4 | |||
| Variance | 5.76 | |||
| Information Ratio | 0.0537 | |||
| Jensen Alpha | 0.1391 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0643 | |||
| Treynor Ratio | 0.2431 | |||
| Maximum Drawdown | 16.46 | |||
| Value At Risk | (2.71) | |||
| Potential Upside | 2.86 | |||
| Downside Variance | 4.03 | |||
| Semi Variance | 2.97 | |||
| Expected Short fall | (1.75) | |||
| Skewness | 1.58 | |||
| Kurtosis | 6.65 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tung Ho Textile. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Tung Stock analysis
When running Tung Ho's price analysis, check to measure Tung Ho'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 Tung Ho is operating at the current time. Most of Tung Ho's value examination focuses on studying past and present price action to predict the probability of Tung Ho's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tung Ho's price. Additionally, you may evaluate how the addition of Tung Ho to your portfolios can decrease your overall portfolio volatility.
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