Nichidenbo Corp (Taiwan) Technical Analysis
3090 Stock | TWD 58.90 1.20 2.00% |
As of the 17th of April 2024, Nichidenbo Corp secures the Downside Deviation of 1.03, mean deviation of 0.7381, and Risk Adjusted Performance of 0.0166. Nichidenbo Corp 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. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Nichidenbo Corp, which can be compared to its peers in the industry. Please verify Nichidenbo Corp mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Nichidenbo Corp is priced some-what accurately, providing market reflects its recent price of 58.9 per share.
Nichidenbo Corp Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nichidenbo, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NichidenboNichidenbo |
Nichidenbo Corp 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.
Nichidenbo Corp 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 Nichidenbo Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Nichidenbo Corp Trend Analysis
Use this graph to draw trend lines for Nichidenbo Corp. You can use it to identify possible trend reversals for Nichidenbo Corp 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 Nichidenbo Corp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nichidenbo Corp Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nichidenbo Corp applied against its price change over selected period. The best fit line has a slop of 0.07 , which means Nichidenbo Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 175.92, which is the sum of squared deviations for the predicted Nichidenbo Corp price change compared to its average price change.About Nichidenbo Corp 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 Nichidenbo Corp 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 Nichidenbo Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Nichidenbo Corp price pattern first instead of the macroeconomic environment surrounding Nichidenbo Corp. By analyzing Nichidenbo Corp'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 Nichidenbo Corp'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 Nichidenbo Corp specific price patterns or momentum indicators. Please read more on our technical analysis page.
Nichidenbo Corp April 17, 2024 Technical Indicators
Most technical analysis of Nichidenbo 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 Nichidenbo from various momentum indicators to cycle indicators. When you analyze Nichidenbo 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 | 0.0166 | |||
Market Risk Adjusted Performance | (0.41) | |||
Mean Deviation | 0.7381 | |||
Semi Deviation | 0.9 | |||
Downside Deviation | 1.03 | |||
Coefficient Of Variation | 5019.5 | |||
Standard Deviation | 1.05 | |||
Variance | 1.1 | |||
Information Ratio | (0.04) | |||
Jensen Alpha | 0.0122 | |||
Total Risk Alpha | (0.07) | |||
Sortino Ratio | (0.04) | |||
Treynor Ratio | (0.42) | |||
Maximum Drawdown | 6.66 | |||
Value At Risk | (1.75) | |||
Potential Upside | 2.02 | |||
Downside Variance | 1.07 | |||
Semi Variance | 0.8099 | |||
Expected Short fall | (0.86) | |||
Skewness | 0.7501 | |||
Kurtosis | 2.99 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Nichidenbo Corp. 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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Nichidenbo Stock analysis
When running Nichidenbo Corp's price analysis, check to measure Nichidenbo Corp'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 Nichidenbo Corp is operating at the current time. Most of Nichidenbo Corp's value examination focuses on studying past and present price action to predict the probability of Nichidenbo Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nichidenbo Corp's price. Additionally, you may evaluate how the addition of Nichidenbo Corp to your portfolios can decrease your overall portfolio volatility.
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