Chicony Power (Taiwan) Technical Analysis
| 6412 Stock | TWD 128.00 5.00 4.07% |
As of the 2nd of December, Chicony Power shows the Risk Adjusted Performance of 0.0118, downside deviation of 1.84, and Mean Deviation of 1.32. Chicony Power Technology 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 Chicony Power Technology mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Chicony Power Technology is priced correctly, providing market reflects its regular price of 128.0 per share.
Chicony Power Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Chicony, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ChiconyChicony |
Chicony Power 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.
Chicony Power Technology Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Chicony Power Technology volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Chicony Power Technology Trend Analysis
Use this graph to draw trend lines for Chicony Power Technology. You can use it to identify possible trend reversals for Chicony Power 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 Chicony Power price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Chicony Power Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Chicony Power Technology applied against its price change over selected period. The best fit line has a slop of 0.24 , which may suggest that Chicony Power Technology market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2130.79, which is the sum of squared deviations for the predicted Chicony Power price change compared to its average price change.About Chicony Power 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 Chicony Power Technology 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 Chicony Power Technology based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Chicony Power Technology price pattern first instead of the macroeconomic environment surrounding Chicony Power Technology. By analyzing Chicony Power'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 Chicony Power'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 Chicony Power specific price patterns or momentum indicators. Please read more on our technical analysis page.
Chicony Power December 2, 2024 Technical Indicators
Most technical analysis of Chicony 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 Chicony from various momentum indicators to cycle indicators. When you analyze Chicony 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 | 0.0118 | |||
| Market Risk Adjusted Performance | 0.025 | |||
| Mean Deviation | 1.32 | |||
| Semi Deviation | 1.54 | |||
| Downside Deviation | 1.84 | |||
| Coefficient Of Variation | 13927.22 | |||
| Standard Deviation | 2.1 | |||
| Variance | 4.39 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.34) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.015 | |||
| Maximum Drawdown | 14.14 | |||
| Value At Risk | (3.10) | |||
| Potential Upside | 4.07 | |||
| Downside Variance | 3.39 | |||
| Semi Variance | 2.36 | |||
| Expected Short fall | (1.85) | |||
| Skewness | 1.77 | |||
| Kurtosis | 7.56 |
Additional Tools for Chicony Stock Analysis
When running Chicony Power's price analysis, check to measure Chicony Power'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 Chicony Power is operating at the current time. Most of Chicony Power's value examination focuses on studying past and present price action to predict the probability of Chicony Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chicony Power's price. Additionally, you may evaluate how the addition of Chicony Power to your portfolios can decrease your overall portfolio volatility.