Spirox Corp (Taiwan) Technical Analysis
| 3055 Stock | TWD 66.90 1.40 2.14% |
As of the 4th of December, Spirox Corp has the Coefficient Of Variation of (3,539), variance of 9.83, and Risk Adjusted Performance of (0.01). Spirox Corp 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 Spirox Corp mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Spirox Corp is priced more or less accurately, providing market reflects its prevalent price of 66.9 per share.
Spirox Corp Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Spirox, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SpiroxSpirox |
Spirox Corp 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.
Spirox Corp 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 Spirox Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Spirox Corp Trend Analysis
Use this graph to draw trend lines for Spirox Corp. You can use it to identify possible trend reversals for Spirox Corp 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 Spirox Corp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Spirox Corp Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Spirox Corp applied against its price change over selected period. The best fit line has a slop of 0.03 , which means Spirox Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 39.98, which is the sum of squared deviations for the predicted Spirox Corp price change compared to its average price change.About Spirox Corp 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 Spirox Corp 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 Spirox Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Spirox Corp price pattern first instead of the macroeconomic environment surrounding Spirox Corp. By analyzing Spirox Corp'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 Spirox Corp'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 Spirox Corp specific price patterns or momentum indicators. Please read more on our technical analysis page.
Spirox Corp December 4, 2024 Technical Indicators
Most technical analysis of Spirox 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 Spirox from various momentum indicators to cycle indicators. When you analyze Spirox 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 | (0.01) | |||
| Market Risk Adjusted Performance | 0.1764 | |||
| Mean Deviation | 2.24 | |||
| Coefficient Of Variation | (3,539) | |||
| Standard Deviation | 3.14 | |||
| Variance | 9.83 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | 0.1664 | |||
| Maximum Drawdown | 16.05 | |||
| Value At Risk | (5.25) | |||
| Potential Upside | 4.97 | |||
| Skewness | 0.899 | |||
| Kurtosis | 2.12 |
Additional Tools for Spirox Stock Analysis
When running Spirox Corp's price analysis, check to measure Spirox Corp'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 Spirox Corp is operating at the current time. Most of Spirox Corp's value examination focuses on studying past and present price action to predict the probability of Spirox Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spirox Corp's price. Additionally, you may evaluate how the addition of Spirox Corp to your portfolios can decrease your overall portfolio volatility.