Honmyue Enterprise (Taiwan) Technical Analysis
| 1474 Stock | TWD 13.30 0.20 1.48% |
As of the 2nd of December, Honmyue Enterprise retains the Risk Adjusted Performance of 0.041, market risk adjusted performance of (0.67), and Downside Deviation of 2.15. Honmyue Enterprise 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 Honmyue Enterprise coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to decide if Honmyue Enterprise is priced fairly, providing market reflects its last-minute price of 13.3 per share.
Honmyue Enterprise Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Honmyue, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HonmyueHonmyue |
Honmyue Enterprise 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.
Honmyue Enterprise 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 Honmyue Enterprise volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Honmyue Enterprise Trend Analysis
Use this graph to draw trend lines for Honmyue Enterprise Co. You can use it to identify possible trend reversals for Honmyue Enterprise 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 Honmyue Enterprise price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Honmyue Enterprise Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Honmyue Enterprise Co applied against its price change over selected period. The best fit line has a slop of 0.03 , which means Honmyue Enterprise Co will continue generating value for investors. It has 122 observation points and a regression sum of squares at 37.12, which is the sum of squared deviations for the predicted Honmyue Enterprise price change compared to its average price change.About Honmyue Enterprise 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 Honmyue Enterprise 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 Honmyue Enterprise Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Honmyue Enterprise price pattern first instead of the macroeconomic environment surrounding Honmyue Enterprise. By analyzing Honmyue Enterprise'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 Honmyue Enterprise'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 Honmyue Enterprise specific price patterns or momentum indicators. Please read more on our technical analysis page.
Honmyue Enterprise December 2, 2024 Technical Indicators
Most technical analysis of Honmyue 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 Honmyue from various momentum indicators to cycle indicators. When you analyze Honmyue 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 | 0.041 | |||
| Market Risk Adjusted Performance | (0.67) | |||
| Mean Deviation | 1.25 | |||
| Semi Deviation | 1.85 | |||
| Downside Deviation | 2.15 | |||
| Coefficient Of Variation | 2186.49 | |||
| Standard Deviation | 1.92 | |||
| Variance | 3.7 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | 0.0925 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.68) | |||
| Maximum Drawdown | 14.23 | |||
| Value At Risk | (3.50) | |||
| Potential Upside | 2.21 | |||
| Downside Variance | 4.64 | |||
| Semi Variance | 3.43 | |||
| Expected Short fall | (1.23) | |||
| Skewness | 1.1 | |||
| Kurtosis | 7.71 |
Additional Tools for Honmyue Stock Analysis
When running Honmyue Enterprise's price analysis, check to measure Honmyue Enterprise'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 Honmyue Enterprise is operating at the current time. Most of Honmyue Enterprise's value examination focuses on studying past and present price action to predict the probability of Honmyue Enterprise's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Honmyue Enterprise's price. Additionally, you may evaluate how the addition of Honmyue Enterprise to your portfolios can decrease your overall portfolio volatility.