Formosa Taffeta (Taiwan) Technical Analysis
| 1434 Stock | TWD 20.25 0.10 0.49% |
As of the 2nd of December, Formosa Taffeta shows the Variance of 1.69, mean deviation of 1.02, and Standard Deviation of 1.3. Formosa Taffeta technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Formosa Taffeta treynor ratio, value at risk, and the relationship between the information ratio and maximum drawdown to decide if Formosa Taffeta is priced favorably, providing market reflects its regular price of 20.25 per share.
Formosa Taffeta Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Formosa, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FormosaFormosa |
Formosa Taffeta 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.
Formosa Taffeta 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 Formosa Taffeta volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Formosa Taffeta Trend Analysis
Use this graph to draw trend lines for Formosa Taffeta Co. You can use it to identify possible trend reversals for Formosa Taffeta 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 Formosa Taffeta price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Formosa Taffeta Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Formosa Taffeta Co applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Formosa Taffeta Co will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1.05, which is the sum of squared deviations for the predicted Formosa Taffeta price change compared to its average price change.About Formosa Taffeta 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 Formosa Taffeta 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 Formosa Taffeta Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Formosa Taffeta price pattern first instead of the macroeconomic environment surrounding Formosa Taffeta. By analyzing Formosa Taffeta'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 Formosa Taffeta'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 Formosa Taffeta specific price patterns or momentum indicators. Please read more on our technical analysis page.
Formosa Taffeta December 2, 2024 Technical Indicators
Most technical analysis of Formosa 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 Formosa from various momentum indicators to cycle indicators. When you analyze Formosa 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.
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| Volume Indicators |
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | (0.23) | |||
| Mean Deviation | 1.02 | |||
| Coefficient Of Variation | (1,580) | |||
| Standard Deviation | 1.3 | |||
| Variance | 1.69 | |||
| Information Ratio | (0.17) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | (0.24) | |||
| Maximum Drawdown | 5.6 | |||
| Value At Risk | (2.23) | |||
| Potential Upside | 1.81 | |||
| Skewness | (0.13) | |||
| Kurtosis | 0.2423 |
Additional Tools for Formosa Stock Analysis
When running Formosa Taffeta's price analysis, check to measure Formosa Taffeta'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 Formosa Taffeta is operating at the current time. Most of Formosa Taffeta's value examination focuses on studying past and present price action to predict the probability of Formosa Taffeta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formosa Taffeta's price. Additionally, you may evaluate how the addition of Formosa Taffeta to your portfolios can decrease your overall portfolio volatility.