Ardentec (Taiwan) Technical Analysis
| 3264 Stock | TWD 54.30 0.80 1.45% |
As of the 22nd of December, Ardentec shows the risk adjusted performance of (0.07), and Mean Deviation of 1.31. Ardentec technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Ardentec mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Ardentec is priced correctly, providing market reflects its regular price of 54.3 per share.
Ardentec Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Ardentec, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ArdentecArdentec |
Ardentec 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.
Ardentec 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 Ardentec volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Ardentec Trend Analysis
Use this graph to draw trend lines for Ardentec. You can use it to identify possible trend reversals for Ardentec 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 Ardentec price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Ardentec Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Ardentec applied against its price change over selected period. The best fit line has a slop of 0.12 , which may suggest that Ardentec market price will keep on failing further. It has 122 observation points and a regression sum of squares at 504.71, which is the sum of squared deviations for the predicted Ardentec price change compared to its average price change.About Ardentec 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 Ardentec 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 Ardentec based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Ardentec price pattern first instead of the macroeconomic environment surrounding Ardentec. By analyzing Ardentec'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 Ardentec'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 Ardentec specific price patterns or momentum indicators. Please read more on our technical analysis page.
Ardentec December 22, 2024 Technical Indicators
Most technical analysis of Ardentec 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 Ardentec from various momentum indicators to cycle indicators. When you analyze Ardentec 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 | (0.07) | |||
| Market Risk Adjusted Performance | 0.3429 | |||
| Mean Deviation | 1.31 | |||
| Coefficient Of Variation | (1,109) | |||
| Standard Deviation | 1.83 | |||
| Variance | 3.34 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | 0.3329 | |||
| Maximum Drawdown | 10.39 | |||
| Value At Risk | (2.30) | |||
| Potential Upside | 2.5 | |||
| Skewness | 0.2223 | |||
| Kurtosis | 2.94 |
Additional Tools for Ardentec Stock Analysis
When running Ardentec's price analysis, check to measure Ardentec'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 Ardentec is operating at the current time. Most of Ardentec's value examination focuses on studying past and present price action to predict the probability of Ardentec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ardentec's price. Additionally, you may evaluate how the addition of Ardentec to your portfolios can decrease your overall portfolio volatility.