Microelectronics (Taiwan) Technical Analysis
| 2314 Stock | TWD 30.95 0.50 1.59% |
As of the 19th of April, Microelectronics secures the Risk Adjusted Performance of (0.07), standard deviation of 1.99, and Mean Deviation of 1.48. Microelectronics Technology 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 thirteen technical drivers for Microelectronics, which can be compared to its peers in the industry. Please verify Microelectronics Tec mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Microelectronics Technology is priced some-what accurately, providing market reflects its recent price of 30.95 per share.
Microelectronics Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Microelectronics, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MicroelectronicsMicroelectronics |
Microelectronics 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.
Microelectronics Tec Technical Analysis
The output start index for this execution was fifty with a total number of output elements of eleven. 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 Microelectronics Tec volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Microelectronics Tec Trend Analysis
Use this graph to draw trend lines for Microelectronics Technology. You can use it to identify possible trend reversals for Microelectronics 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 Microelectronics price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Microelectronics Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Microelectronics Technology applied against its price change over selected period. The best fit line has a slop of 0.04 , which may suggest that Microelectronics Technology market price will keep on failing further. It has 122 observation points and a regression sum of squares at 70.01, which is the sum of squared deviations for the predicted Microelectronics price change compared to its average price change.About Microelectronics 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 Microelectronics Technology 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 Microelectronics Technology based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Microelectronics Tec price pattern first instead of the macroeconomic environment surrounding Microelectronics Tec. By analyzing Microelectronics'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 Microelectronics'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 Microelectronics specific price patterns or momentum indicators. Please read more on our technical analysis page.
Microelectronics April 19, 2024 Technical Indicators
Most technical analysis of Microelectronics 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 Microelectronics from various momentum indicators to cycle indicators. When you analyze Microelectronics 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 | (0.07) | |||
| Market Risk Adjusted Performance | 0.603 | |||
| Mean Deviation | 1.48 | |||
| Coefficient Of Variation | (843.84) | |||
| Standard Deviation | 1.99 | |||
| Variance | 3.98 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | 0.593 | |||
| Maximum Drawdown | 11.31 | |||
| Value At Risk | (2.41) | |||
| Potential Upside | 3.36 | |||
| Skewness | 1.07 | |||
| Kurtosis | 2.28 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Microelectronics Technology. 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 Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Microelectronics Stock analysis
When running Microelectronics' price analysis, check to measure Microelectronics' 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 Microelectronics is operating at the current time. Most of Microelectronics' value examination focuses on studying past and present price action to predict the probability of Microelectronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Microelectronics' price. Additionally, you may evaluate how the addition of Microelectronics to your portfolios can decrease your overall portfolio volatility.
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