Shan Loong (Taiwan) Technical Analysis
| 2616 Stock | TWD 20.00 0.15 0.74% |
As of the 29th of November, Shan Loong has the Coefficient Of Variation of (1,257), risk adjusted performance of (0.06), and Variance of 1.35. Shan Loong technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. Please validate Shan Loong Transport coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if Shan Loong is priced more or less accurately, providing market reflects its prevalent price of 20.0 per share.
Shan Loong Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Shan, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ShanShan |
Shan Loong 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.
Shan Loong Transport Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Shan Loong Transport volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Shan Loong Transport Trend Analysis
Use this graph to draw trend lines for Shan Loong Transportation Co. You can use it to identify possible trend reversals for Shan Loong 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 Shan Loong price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Shan Loong Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Shan Loong Transportation Co applied against its price change over selected period. The best fit line has a slop of 0.0074 , which may suggest that Shan Loong Transportation Co market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2.07, which is the sum of squared deviations for the predicted Shan Loong price change compared to its average price change.About Shan Loong 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 Shan Loong Transportation 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 Shan Loong Transportation Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Shan Loong Transport price pattern first instead of the macroeconomic environment surrounding Shan Loong Transport. By analyzing Shan Loong'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 Shan Loong'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 Shan Loong specific price patterns or momentum indicators. Please read more on our technical analysis page.
Shan Loong November 29, 2024 Technical Indicators
Most technical analysis of Shan 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 Shan from various momentum indicators to cycle indicators. When you analyze Shan 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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| Pattern Recognition | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.06) | |||
| Market Risk Adjusted Performance | 1.03 | |||
| Mean Deviation | 0.8168 | |||
| Coefficient Of Variation | (1,257) | |||
| Standard Deviation | 1.16 | |||
| Variance | 1.35 | |||
| Information Ratio | (0.19) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | 1.02 | |||
| Maximum Drawdown | 6.26 | |||
| Value At Risk | (1.92) | |||
| Potential Upside | 1.64 | |||
| Skewness | (0.07) | |||
| Kurtosis | 1.84 |
Additional Tools for Shan Stock Analysis
When running Shan Loong's price analysis, check to measure Shan Loong'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 Shan Loong is operating at the current time. Most of Shan Loong's value examination focuses on studying past and present price action to predict the probability of Shan Loong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shan Loong's price. Additionally, you may evaluate how the addition of Shan Loong to your portfolios can decrease your overall portfolio volatility.