Nantex Industry (Taiwan) Technical Analysis
| 2108 Stock | TWD 33.75 0.05 0.15% |
As of the 4th of December, Nantex Industry secures the Standard Deviation of 1.54, risk adjusted performance of (0.10), and Mean Deviation of 1.06. Nantex Industry Co 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 Nantex Industry standard deviation, information ratio, maximum drawdown, as well as the relationship between the variance and treynor ratio to decide if Nantex Industry Co is priced some-what accurately, providing market reflects its recent price of 33.75 per share.
Nantex Industry Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nantex, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NantexNantex |
Nantex Industry 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.
Nantex Industry Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-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 Nantex Industry volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Nantex Industry Trend Analysis
Use this graph to draw trend lines for Nantex Industry Co. You can use it to identify possible trend reversals for Nantex Industry 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 Nantex Industry price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nantex Industry Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nantex Industry Co applied against its price change over selected period. The best fit line has a slop of 0.06 , which may suggest that Nantex Industry Co market price will keep on failing further. It has 122 observation points and a regression sum of squares at 119.05, which is the sum of squared deviations for the predicted Nantex Industry price change compared to its average price change.About Nantex Industry 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 Nantex Industry 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 Nantex Industry Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Nantex Industry price pattern first instead of the macroeconomic environment surrounding Nantex Industry. By analyzing Nantex Industry'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 Nantex Industry'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 Nantex Industry specific price patterns or momentum indicators. Please read more on our technical analysis page.
Nantex Industry December 4, 2024 Technical Indicators
Most technical analysis of Nantex 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 Nantex from various momentum indicators to cycle indicators. When you analyze Nantex 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 | (0.10) | |||
| Market Risk Adjusted Performance | (0.84) | |||
| Mean Deviation | 1.06 | |||
| Coefficient Of Variation | (710.53) | |||
| Standard Deviation | 1.54 | |||
| Variance | 2.37 | |||
| Information Ratio | (0.21) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (0.85) | |||
| Maximum Drawdown | 8.16 | |||
| Value At Risk | (2.06) | |||
| Potential Upside | 1.88 | |||
| Skewness | (0.22) | |||
| Kurtosis | 4.3 |
Additional Tools for Nantex Stock Analysis
When running Nantex Industry's price analysis, check to measure Nantex Industry'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 Nantex Industry is operating at the current time. Most of Nantex Industry's value examination focuses on studying past and present price action to predict the probability of Nantex Industry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nantex Industry's price. Additionally, you may evaluate how the addition of Nantex Industry to your portfolios can decrease your overall portfolio volatility.