Netronix (Taiwan) Technical Analysis
| 6143 Stock | TWD 105.00 4.50 4.48% |
As of the 20th of April, Netronix secures the Mean Deviation of 1.97, risk adjusted performance of 0.078, and Downside Deviation of 2.45. Netronix 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 Netronix, which can be compared to its peers in the industry. Please verify Netronix standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if Netronix is priced some-what accurately, providing market reflects its recent price of 105.0 per share.
Netronix Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Netronix, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NetronixNetronix |
Netronix 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.
Netronix Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Netronix volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Netronix Trend Analysis
Use this graph to draw trend lines for Netronix. You can use it to identify possible trend reversals for Netronix 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 Netronix price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Netronix Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Netronix applied against its price change over selected period. The best fit line has a slop of 0.28 , which means Netronix will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3022.71, which is the sum of squared deviations for the predicted Netronix price change compared to its average price change.About Netronix 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 Netronix 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 Netronix based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Netronix price pattern first instead of the macroeconomic environment surrounding Netronix. By analyzing Netronix'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 Netronix'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 Netronix specific price patterns or momentum indicators. Please read more on our technical analysis page.
Netronix April 20, 2024 Technical Indicators
Most technical analysis of Netronix 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 Netronix from various momentum indicators to cycle indicators. When you analyze Netronix 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 | 0.078 | |||
| Market Risk Adjusted Performance | (4.54) | |||
| Mean Deviation | 1.97 | |||
| Semi Deviation | 2.1 | |||
| Downside Deviation | 2.45 | |||
| Coefficient Of Variation | 872.0 | |||
| Standard Deviation | 2.89 | |||
| Variance | 8.35 | |||
| Information Ratio | 0.0851 | |||
| Jensen Alpha | 0.3268 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.1003 | |||
| Treynor Ratio | (4.55) | |||
| Maximum Drawdown | 19.94 | |||
| Value At Risk | (3.76) | |||
| Potential Upside | 4.48 | |||
| Downside Variance | 6.03 | |||
| Semi Variance | 4.4 | |||
| Expected Short fall | (2.63) | |||
| Skewness | 0.291 | |||
| Kurtosis | 3.64 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Netronix. 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Netronix Stock analysis
When running Netronix's price analysis, check to measure Netronix'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 Netronix is operating at the current time. Most of Netronix's value examination focuses on studying past and present price action to predict the probability of Netronix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Netronix's price. Additionally, you may evaluate how the addition of Netronix to your portfolios can decrease your overall portfolio volatility.
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