Joinsoon Electronics (Taiwan) Technical Analysis
3322 Stock | TWD 23.90 0.55 2.25% |
As of the 28th of March, Joinsoon Electronics retains the Market Risk Adjusted Performance of (0.10), risk adjusted performance of 0.0366, and Downside Deviation of 2.24. Joinsoon Electronics technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Joinsoon Electronics MFG, which can be compared to its competitors. Please check out Joinsoon Electronics MFG mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Joinsoon Electronics is priced fairly, providing market reflects its last-minute price of 23.9 per share.
Joinsoon Electronics Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Joinsoon, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to JoinsoonJoinsoon |
Joinsoon Electronics 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.
Joinsoon Electronics MFG 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 Joinsoon Electronics MFG volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Joinsoon Electronics MFG Trend Analysis
Use this graph to draw trend lines for Joinsoon Electronics MFG. You can use it to identify possible trend reversals for Joinsoon Electronics 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 Joinsoon Electronics price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Joinsoon Electronics Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Joinsoon Electronics MFG applied against its price change over selected period. The best fit line has a slop of 0.09 , which means Joinsoon Electronics MFG will continue generating value for investors. It has 122 observation points and a regression sum of squares at 277.31, which is the sum of squared deviations for the predicted Joinsoon Electronics price change compared to its average price change.About Joinsoon Electronics 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 Joinsoon Electronics MFG 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 Joinsoon Electronics MFG based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Joinsoon Electronics MFG price pattern first instead of the macroeconomic environment surrounding Joinsoon Electronics MFG. By analyzing Joinsoon Electronics'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 Joinsoon Electronics'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 Joinsoon Electronics specific price patterns or momentum indicators. Please read more on our technical analysis page.
Joinsoon Electronics March 28, 2024 Technical Indicators
Most technical analysis of Joinsoon 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 Joinsoon from various momentum indicators to cycle indicators. When you analyze Joinsoon 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 | 0.0366 | |||
Market Risk Adjusted Performance | (0.10) | |||
Mean Deviation | 1.49 | |||
Semi Deviation | 1.92 | |||
Downside Deviation | 2.24 | |||
Coefficient Of Variation | 1909.17 | |||
Standard Deviation | 2.24 | |||
Variance | 5.04 | |||
Information Ratio | (0.01) | |||
Jensen Alpha | 0.226 | |||
Total Risk Alpha | (0.39) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | (0.11) | |||
Maximum Drawdown | 14.13 | |||
Value At Risk | (2.58) | |||
Potential Upside | 3.13 | |||
Downside Variance | 5.03 | |||
Semi Variance | 3.68 | |||
Expected Short fall | (1.88) | |||
Skewness | 0.4005 | |||
Kurtosis | 6.61 |
Joinsoon Electronics 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 Joinsoon 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 | 57,724 | ||
Daily Balance Of Power | (0.73) | ||
Rate Of Daily Change | 0.98 | ||
Day Median Price | 24.23 | ||
Day Typical Price | 24.12 | ||
Price Action Indicator | (0.60) |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Joinsoon Electronics MFG. 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Joinsoon Stock analysis
When running Joinsoon Electronics' price analysis, check to measure Joinsoon Electronics' 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 Joinsoon Electronics is operating at the current time. Most of Joinsoon Electronics' value examination focuses on studying past and present price action to predict the probability of Joinsoon Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Joinsoon Electronics' price. Additionally, you may evaluate how the addition of Joinsoon Electronics to your portfolios can decrease your overall portfolio volatility.
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
Transaction History View history of all your transactions and understand their impact on performance | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |