Tainan Enterprises (Taiwan) Technical Analysis
| 1473 Stock | TWD 47.50 1.30 2.81% |
As of the 4th of June, Tainan Enterprises has the Semi Deviation of 1.74, coefficient of variation of 418.84, and Risk Adjusted Performance of 0.1578. Tainan Enterprises technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Tainan Enterprises Co, which can be compared to its competition. Please validate Tainan Enterprises mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Tainan Enterprises is priced more or less accurately, providing market reflects its prevalent price of 47.5 per share.
Tainan Enterprises Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Tainan, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TainanTainan |
Tainan Enterprises 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.
Tainan Enterprises Technical Analysis
The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. 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 Tainan Enterprises volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Tainan Enterprises Trend Analysis
Use this graph to draw trend lines for Tainan Enterprises Co. You can use it to identify possible trend reversals for Tainan Enterprises 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 Tainan Enterprises price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Tainan Enterprises Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Tainan Enterprises Co applied against its price change over selected period. The best fit line has a slop of 0.24 , which means Tainan Enterprises Co will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2115.15, which is the sum of squared deviations for the predicted Tainan Enterprises price change compared to its average price change.About Tainan Enterprises 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 Tainan Enterprises Co 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 Tainan Enterprises Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Tainan Enterprises price pattern first instead of the macroeconomic environment surrounding Tainan Enterprises. By analyzing Tainan Enterprises'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 Tainan Enterprises'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 Tainan Enterprises specific price patterns or momentum indicators. Please read more on our technical analysis page.
Tainan Enterprises June 4, 2024 Technical Indicators
Most technical analysis of Tainan 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 Tainan from various momentum indicators to cycle indicators. When you analyze Tainan 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 | 0.1578 | |||
| Market Risk Adjusted Performance | 0.64 | |||
| Mean Deviation | 2.1 | |||
| Semi Deviation | 1.74 | |||
| Downside Deviation | 2.23 | |||
| Coefficient Of Variation | 418.84 | |||
| Standard Deviation | 3.2 | |||
| Variance | 10.27 | |||
| Information Ratio | 0.2275 | |||
| Jensen Alpha | 0.7241 | |||
| Total Risk Alpha | 0.6226 | |||
| Sortino Ratio | 0.3268 | |||
| Treynor Ratio | 0.63 | |||
| Maximum Drawdown | 18.5 | |||
| Value At Risk | (2.61) | |||
| Potential Upside | 8.77 | |||
| Downside Variance | 4.98 | |||
| Semi Variance | 3.01 | |||
| Expected Short fall | (2.66) | |||
| Skewness | 1.11 | |||
| Kurtosis | 2.92 |
Tainan Enterprises June 4, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Tainan stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 309,767 | ||
| Daily Balance Of Power | 0.39 | ||
| Rate Of Daily Change | 1.03 | ||
| Day Median Price | 47.55 | ||
| Day Typical Price | 47.53 | ||
| Price Action Indicator | 0.60 |
Additional Tools for Tainan Stock Analysis
When running Tainan Enterprises' price analysis, check to measure Tainan Enterprises' 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 Tainan Enterprises is operating at the current time. Most of Tainan Enterprises' value examination focuses on studying past and present price action to predict the probability of Tainan Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tainan Enterprises' price. Additionally, you may evaluate how the addition of Tainan Enterprises to your portfolios can decrease your overall portfolio volatility.