Wei Chih (Taiwan) Technical Analysis
| 2028 Stock | 27.45 0.60 2.14% |
As of the 24th of April, Wei Chih maintains the Market Risk Adjusted Performance of 2.04, mean deviation of 1.54, and Downside Deviation of 1.85. Wei Chih Steel technical analysis makes it possible for you to employ past prices and volume data with the intention to determine a pattern that calculates the direction of the company's future prices. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Wei Chih Steel, which can be compared to its peers. Please check out Wei Chih Steel mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Wei Chih Steel is priced fairly, providing market reflects its latest price of 27.45 per share.
Wei Chih Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Wei, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WeiWei |
Wei Chih 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.
Wei Chih Steel Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Wei Chih Steel volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Wei Chih Steel Trend Analysis
Use this graph to draw trend lines for Wei Chih Steel. You can use it to identify possible trend reversals for Wei Chih 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 Wei Chih price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Wei Chih Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Wei Chih Steel applied against its price change over selected period. The best fit line has a slop of 0.06 , which means Wei Chih Steel will continue generating value for investors. It has 122 observation points and a regression sum of squares at 144.36, which is the sum of squared deviations for the predicted Wei Chih price change compared to its average price change.About Wei Chih 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 Wei Chih Steel 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 Wei Chih Steel based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Wei Chih Steel price pattern first instead of the macroeconomic environment surrounding Wei Chih Steel. By analyzing Wei Chih'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 Wei Chih'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 Wei Chih specific price patterns or momentum indicators. Please read more on our technical analysis page.
Wei Chih April 24, 2024 Technical Indicators
Most technical analysis of Wei 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 Wei from various momentum indicators to cycle indicators. When you analyze Wei 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 | 0.0358 | |||
| Market Risk Adjusted Performance | 2.04 | |||
| Mean Deviation | 1.54 | |||
| Semi Deviation | 1.64 | |||
| Downside Deviation | 1.85 | |||
| Coefficient Of Variation | 2185.06 | |||
| Standard Deviation | 2.28 | |||
| Variance | 5.22 | |||
| Information Ratio | 0.004 | |||
| Jensen Alpha | 0.0906 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.005 | |||
| Treynor Ratio | 2.03 | |||
| Maximum Drawdown | 10.62 | |||
| Value At Risk | (3.01) | |||
| Potential Upside | 5.97 | |||
| Downside Variance | 3.43 | |||
| Semi Variance | 2.69 | |||
| Expected Short fall | (1.99) | |||
| Skewness | 1.31 | |||
| Kurtosis | 2.55 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Wei Chih Steel. 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for Wei Stock analysis
When running Wei Chih's price analysis, check to measure Wei Chih'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 Wei Chih is operating at the current time. Most of Wei Chih's value examination focuses on studying past and present price action to predict the probability of Wei Chih's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wei Chih's price. Additionally, you may evaluate how the addition of Wei Chih to your portfolios can decrease your overall portfolio volatility.
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