Kwong Lung (Taiwan) Technical Analysis
8916 Stock | TWD 60.00 0.80 1.32% |
As of the 26th of April, Kwong Lung secures the Mean Deviation of 0.6651, risk adjusted performance of 0.0491, and Downside Deviation of 0.8758. Kwong Lung Enterprise 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 Kwong Lung, which can be compared to its peers in the industry. Please verify Kwong Lung Enterprise variance, jensen alpha, and the relationship between the standard deviation and information ratio to decide if Kwong Lung Enterprise is priced some-what accurately, providing market reflects its recent price of 60.0 per share.
Kwong Lung Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Kwong, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to KwongKwong |
Kwong Lung 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.
Kwong Lung Enterprise Technical Analysis
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. 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 Kwong Lung Enterprise volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Kwong Lung Enterprise Trend Analysis
Use this graph to draw trend lines for Kwong Lung Enterprise. You can use it to identify possible trend reversals for Kwong Lung 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 Kwong Lung price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Kwong Lung Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Kwong Lung Enterprise applied against its price change over selected period. The best fit line has a slop of 0.07 , which means Kwong Lung Enterprise will continue generating value for investors. It has 122 observation points and a regression sum of squares at 189.49, which is the sum of squared deviations for the predicted Kwong Lung price change compared to its average price change.About Kwong Lung 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 Kwong Lung Enterprise 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 Kwong Lung Enterprise based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Kwong Lung Enterprise price pattern first instead of the macroeconomic environment surrounding Kwong Lung Enterprise. By analyzing Kwong Lung'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 Kwong Lung'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 Kwong Lung specific price patterns or momentum indicators. Please read more on our technical analysis page.
Kwong Lung April 26, 2024 Technical Indicators
Most technical analysis of Kwong 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 Kwong from various momentum indicators to cycle indicators. When you analyze Kwong 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 | 0.0491 | |||
Market Risk Adjusted Performance | 0.9788 | |||
Mean Deviation | 0.6651 | |||
Semi Deviation | 0.6592 | |||
Downside Deviation | 0.8758 | |||
Coefficient Of Variation | 1384.07 | |||
Standard Deviation | 1.03 | |||
Variance | 1.06 | |||
Information Ratio | (0.01) | |||
Jensen Alpha | 0.0594 | |||
Total Risk Alpha | (0.06) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | 0.9688 | |||
Maximum Drawdown | 5.99 | |||
Value At Risk | (1.45) | |||
Potential Upside | 2.12 | |||
Downside Variance | 0.7671 | |||
Semi Variance | 0.4346 | |||
Expected Short fall | (0.86) | |||
Skewness | 1.71 | |||
Kurtosis | 5.23 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Kwong Lung Enterprise. 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 Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Kwong Stock analysis
When running Kwong Lung's price analysis, check to measure Kwong Lung'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 Kwong Lung is operating at the current time. Most of Kwong Lung's value examination focuses on studying past and present price action to predict the probability of Kwong Lung's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kwong Lung's price. Additionally, you may evaluate how the addition of Kwong Lung to your portfolios can decrease your overall portfolio volatility.
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