Polytronics Technology (Taiwan) Technical Analysis
| 6224 Stock | TWD 62.00 0.20 0.32% |
As of the 2nd of December, Polytronics Technology holds the insignificant Risk Adjusted Performance, coefficient of variation of (6,393), and Variance of 11.04. Polytronics Technology technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the company's future prices. Please check Polytronics Technology variance, treynor ratio, and the relationship between the standard deviation and information ratio to decide if Polytronics Technology is priced some-what accurately, providing market reflects its current price of 62.0 per share.
Polytronics Technology Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Polytronics, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PolytronicsPolytronics |
Polytronics Technology 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.
Polytronics Technology Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Polytronics Technology volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Polytronics Technology Trend Analysis
Use this graph to draw trend lines for Polytronics Technology Corp. You can use it to identify possible trend reversals for Polytronics Technology 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 Polytronics Technology price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Polytronics Technology Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Polytronics Technology Corp applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that Polytronics Technology Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 21.31, which is the sum of squared deviations for the predicted Polytronics Technology price change compared to its average price change.About Polytronics Technology 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 Polytronics Technology 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 Polytronics Technology Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Polytronics Technology price pattern first instead of the macroeconomic environment surrounding Polytronics Technology. By analyzing Polytronics Technology'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 Polytronics Technology'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 Polytronics Technology specific price patterns or momentum indicators. Please read more on our technical analysis page.
Polytronics Technology December 2, 2024 Technical Indicators
Most technical analysis of Polytronics 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 Polytronics from various momentum indicators to cycle indicators. When you analyze Polytronics 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 | ||
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| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0) | |||
| Market Risk Adjusted Performance | (0.40) | |||
| Mean Deviation | 2.35 | |||
| Coefficient Of Variation | (6,393) | |||
| Standard Deviation | 3.32 | |||
| Variance | 11.04 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.62) | |||
| Treynor Ratio | (0.41) | |||
| Maximum Drawdown | 18.32 | |||
| Value At Risk | (5.63) | |||
| Potential Upside | 6.19 | |||
| Skewness | 0.338 | |||
| Kurtosis | 1.6 |
Additional Tools for Polytronics Stock Analysis
When running Polytronics Technology's price analysis, check to measure Polytronics Technology'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 Polytronics Technology is operating at the current time. Most of Polytronics Technology's value examination focuses on studying past and present price action to predict the probability of Polytronics Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Polytronics Technology's price. Additionally, you may evaluate how the addition of Polytronics Technology to your portfolios can decrease your overall portfolio volatility.