Waffer Technology (Taiwan) Technical Analysis
| 6235 Stock | TWD 88.70 1.30 1.49% |
As of the 18th of April 2024, Waffer Technology maintains the Mean Deviation of 1.81, market risk adjusted performance of (0.70), and Standard Deviation of 2.42. Waffer Technology Corp 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 thirteen technical drivers for Waffer Technology Corp, which can be compared to its peers. Please check out Waffer Technology Corp coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if Waffer Technology Corp is priced fairly, providing market reflects its latest price of 88.7 per share.
Waffer Technology Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Waffer, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WafferWaffer |
Waffer Technology 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.
Waffer Technology Corp 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 Waffer Technology Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Waffer Technology Corp Trend Analysis
Use this graph to draw trend lines for Waffer Technology Corp. You can use it to identify possible trend reversals for Waffer Technology 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 Waffer Technology price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Waffer Technology Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Waffer Technology Corp applied against its price change over selected period. The best fit line has a slop of 0.11 , which may suggest that Waffer Technology Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 474.27, which is the sum of squared deviations for the predicted Waffer Technology price change compared to its average price change.About Waffer Technology 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 Waffer Technology Corp 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 Waffer Technology Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Waffer Technology Corp price pattern first instead of the macroeconomic environment surrounding Waffer Technology Corp. By analyzing Waffer Technology'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 Waffer Technology'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 Waffer Technology specific price patterns or momentum indicators. Please read more on our technical analysis page.
Waffer Technology April 18, 2024 Technical Indicators
Most technical analysis of Waffer 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 Waffer from various momentum indicators to cycle indicators. When you analyze Waffer 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 | (0.09) | |||
| Market Risk Adjusted Performance | (0.70) | |||
| Mean Deviation | 1.81 | |||
| Coefficient Of Variation | (630.23) | |||
| Standard Deviation | 2.42 | |||
| Variance | 5.84 | |||
| Information Ratio | (0.18) | |||
| Jensen Alpha | (0.42) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | (0.71) | |||
| Maximum Drawdown | 14.22 | |||
| Value At Risk | (4.31) | |||
| Potential Upside | 3.6 | |||
| Skewness | (0.09) | |||
| Kurtosis | 1.3 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Waffer Technology Corp. 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Waffer Stock analysis
When running Waffer Technology's price analysis, check to measure Waffer Technology'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 Waffer Technology is operating at the current time. Most of Waffer Technology's value examination focuses on studying past and present price action to predict the probability of Waffer Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Waffer Technology's price. Additionally, you may evaluate how the addition of Waffer Technology to your portfolios can decrease your overall portfolio volatility.
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