Hiwin Mikrosystem (Taiwan) Technical Analysis
| 4576 Stock | TWD 115.50 2.50 2.21% |
As of the 30th of November, Hiwin Mikrosystem retains the Risk Adjusted Performance of 0.0916, downside deviation of 3.74, and Market Risk Adjusted Performance of 0.5658. Hiwin Mikrosystem technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Hiwin Mikrosystem Corp jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if Hiwin Mikrosystem is priced fairly, providing market reflects its last-minute price of 115.5 per share.
Hiwin Mikrosystem Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Hiwin, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HiwinHiwin |
Hiwin Mikrosystem 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.
Hiwin Mikrosystem Corp Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Hiwin Mikrosystem Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Hiwin Mikrosystem Corp Trend Analysis
Use this graph to draw trend lines for Hiwin Mikrosystem Corp. You can use it to identify possible trend reversals for Hiwin Mikrosystem 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 Hiwin Mikrosystem price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Hiwin Mikrosystem Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Hiwin Mikrosystem Corp applied against its price change over selected period. The best fit line has a slop of 0.64 , which means Hiwin Mikrosystem Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 15670.02, which is the sum of squared deviations for the predicted Hiwin Mikrosystem price change compared to its average price change.About Hiwin Mikrosystem 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 Hiwin Mikrosystem 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 Hiwin Mikrosystem Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Hiwin Mikrosystem Corp price pattern first instead of the macroeconomic environment surrounding Hiwin Mikrosystem Corp. By analyzing Hiwin Mikrosystem'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 Hiwin Mikrosystem'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 Hiwin Mikrosystem specific price patterns or momentum indicators. Please read more on our technical analysis page.
Hiwin Mikrosystem November 30, 2024 Technical Indicators
Most technical analysis of Hiwin 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 Hiwin from various momentum indicators to cycle indicators. When you analyze Hiwin 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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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0916 | |||
| Market Risk Adjusted Performance | 0.5658 | |||
| Mean Deviation | 3.19 | |||
| Semi Deviation | 3.22 | |||
| Downside Deviation | 3.74 | |||
| Coefficient Of Variation | 915.99 | |||
| Standard Deviation | 4.23 | |||
| Variance | 17.9 | |||
| Information Ratio | 0.0766 | |||
| Jensen Alpha | 0.3482 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.0868 | |||
| Treynor Ratio | 0.5558 | |||
| Maximum Drawdown | 19.19 | |||
| Value At Risk | (5.91) | |||
| Potential Upside | 9.73 | |||
| Downside Variance | 13.96 | |||
| Semi Variance | 10.39 | |||
| Expected Short fall | (3.86) | |||
| Skewness | 0.568 | |||
| Kurtosis | 0.3565 |
Additional Tools for Hiwin Stock Analysis
When running Hiwin Mikrosystem's price analysis, check to measure Hiwin Mikrosystem'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 Hiwin Mikrosystem is operating at the current time. Most of Hiwin Mikrosystem's value examination focuses on studying past and present price action to predict the probability of Hiwin Mikrosystem's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hiwin Mikrosystem's price. Additionally, you may evaluate how the addition of Hiwin Mikrosystem to your portfolios can decrease your overall portfolio volatility.