Nankang Rubber (Taiwan) Technical Analysis
| 2101 Stock | TWD 49.10 1.75 3.70% |
As of the 1st of December, Nankang Rubber secures the Risk Adjusted Performance of (0.04), standard deviation of 2.14, and Mean Deviation of 1.56. Nankang Rubber Tire technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Please verify Nankang Rubber Tire standard deviation, information ratio, maximum drawdown, as well as the relationship between the variance and treynor ratio to decide if Nankang Rubber Tire is priced some-what accurately, providing market reflects its recent price of 49.1 per share.
Nankang Rubber Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nankang, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NankangNankang |
Nankang Rubber 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.
Nankang Rubber Tire Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Nankang Rubber Tire volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Nankang Rubber Tire Trend Analysis
Use this graph to draw trend lines for Nankang Rubber Tire. You can use it to identify possible trend reversals for Nankang Rubber 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 Nankang Rubber price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nankang Rubber Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nankang Rubber Tire applied against its price change over selected period. The best fit line has a slop of 0.04 , which may suggest that Nankang Rubber Tire market price will keep on failing further. It has 122 observation points and a regression sum of squares at 65.62, which is the sum of squared deviations for the predicted Nankang Rubber price change compared to its average price change.About Nankang Rubber 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 Nankang Rubber Tire 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 Nankang Rubber Tire based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Nankang Rubber Tire price pattern first instead of the macroeconomic environment surrounding Nankang Rubber Tire. By analyzing Nankang Rubber'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 Nankang Rubber'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 Nankang Rubber specific price patterns or momentum indicators. Please read more on our technical analysis page.
Nankang Rubber December 1, 2024 Technical Indicators
Most technical analysis of Nankang 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 Nankang from various momentum indicators to cycle indicators. When you analyze Nankang 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 | (0.04) | |||
| Market Risk Adjusted Performance | 0.9469 | |||
| Mean Deviation | 1.56 | |||
| Coefficient Of Variation | (1,809) | |||
| Standard Deviation | 2.14 | |||
| Variance | 4.59 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | 0.9369 | |||
| Maximum Drawdown | 10.75 | |||
| Value At Risk | (3.44) | |||
| Potential Upside | 3.7 | |||
| Skewness | (0.34) | |||
| Kurtosis | 1.86 |
Additional Tools for Nankang Stock Analysis
When running Nankang Rubber's price analysis, check to measure Nankang Rubber'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 Nankang Rubber is operating at the current time. Most of Nankang Rubber's value examination focuses on studying past and present price action to predict the probability of Nankang Rubber's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nankang Rubber's price. Additionally, you may evaluate how the addition of Nankang Rubber to your portfolios can decrease your overall portfolio volatility.