Hong Yi (Taiwan) Technical Analysis
| 1452 Stock | TWD 16.00 0.15 0.95% |
As of the 2nd of December, Hong Yi retains the Standard Deviation of 0.7626, market risk adjusted performance of (0.83), and Risk Adjusted Performance of (0.10). Hong Yi technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Hong Yi Fiber variance, treynor ratio, and the relationship between the standard deviation and information ratio to decide if Hong Yi is priced fairly, providing market reflects its last-minute price of 16.0 per share.
Hong Yi Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Hong, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HongHong |
Hong Yi 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.
Hong Yi Fiber Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Hong Yi Fiber volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Hong Yi Fiber Trend Analysis
Use this graph to draw trend lines for Hong Yi Fiber. You can use it to identify possible trend reversals for Hong Yi 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 Hong Yi price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Hong Yi Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Hong Yi Fiber applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that Hong Yi Fiber market price will keep on failing further. It has 122 observation points and a regression sum of squares at 10.28, which is the sum of squared deviations for the predicted Hong Yi price change compared to its average price change.About Hong Yi 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 Hong Yi Fiber 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 Hong Yi Fiber based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Hong Yi Fiber price pattern first instead of the macroeconomic environment surrounding Hong Yi Fiber. By analyzing Hong Yi'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 Hong Yi'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 Hong Yi specific price patterns or momentum indicators. Please read more on our technical analysis page.
Hong Yi December 2, 2024 Technical Indicators
Most technical analysis of Hong 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 Hong from various momentum indicators to cycle indicators. When you analyze Hong 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 | (0.10) | |||
| Market Risk Adjusted Performance | (0.83) | |||
| Mean Deviation | 0.5544 | |||
| Coefficient Of Variation | (745.85) | |||
| Standard Deviation | 0.7626 | |||
| Variance | 0.5815 | |||
| Information Ratio | (0.31) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.84) | |||
| Maximum Drawdown | 3.99 | |||
| Value At Risk | (1.24) | |||
| Potential Upside | 0.9404 | |||
| Skewness | (0.26) | |||
| Kurtosis | 1.97 |
Additional Tools for Hong Stock Analysis
When running Hong Yi's price analysis, check to measure Hong Yi'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 Hong Yi is operating at the current time. Most of Hong Yi's value examination focuses on studying past and present price action to predict the probability of Hong Yi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hong Yi's price. Additionally, you may evaluate how the addition of Hong Yi to your portfolios can decrease your overall portfolio volatility.