Formosa Electronic (Taiwan) Technical Analysis
| 8171 Stock | TWD 41.80 2.10 4.78% |
As of the 4th of December, Formosa Electronic shows the Downside Deviation of 2.9, coefficient of variation of 681.92, and Mean Deviation of 2.22. Formosa Electronic technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Formosa Electronic standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if Formosa Electronic is priced favorably, providing market reflects its regular price of 41.8 per share.
Formosa Electronic Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Formosa, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FormosaFormosa |
Formosa Electronic 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.
Formosa Electronic 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 Formosa Electronic volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Formosa Electronic Trend Analysis
Use this graph to draw trend lines for Formosa Electronic Industries. You can use it to identify possible trend reversals for Formosa Electronic 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 Formosa Electronic price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Formosa Electronic Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Formosa Electronic Industries applied against its price change over selected period. The best fit line has a slop of 0.16 , which means Formosa Electronic Industries will continue generating value for investors. It has 122 observation points and a regression sum of squares at 961.16, which is the sum of squared deviations for the predicted Formosa Electronic price change compared to its average price change.About Formosa Electronic 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 Formosa Electronic Industries 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 Formosa Electronic Industries based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Formosa Electronic price pattern first instead of the macroeconomic environment surrounding Formosa Electronic. By analyzing Formosa Electronic'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 Formosa Electronic'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 Formosa Electronic specific price patterns or momentum indicators. Please read more on our technical analysis page.
Formosa Electronic December 4, 2024 Technical Indicators
Most technical analysis of Formosa 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 Formosa from various momentum indicators to cycle indicators. When you analyze Formosa 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 | 0.1197 | |||
| Market Risk Adjusted Performance | (2.52) | |||
| Mean Deviation | 2.22 | |||
| Semi Deviation | 2.32 | |||
| Downside Deviation | 2.9 | |||
| Coefficient Of Variation | 681.92 | |||
| Standard Deviation | 3.43 | |||
| Variance | 11.79 | |||
| Information Ratio | 0.1136 | |||
| Jensen Alpha | 0.5138 | |||
| Total Risk Alpha | 0.0285 | |||
| Sortino Ratio | 0.1347 | |||
| Treynor Ratio | (2.53) | |||
| Maximum Drawdown | 19.96 | |||
| Value At Risk | (4.78) | |||
| Potential Upside | 9.85 | |||
| Downside Variance | 8.4 | |||
| Semi Variance | 5.38 | |||
| Expected Short fall | (2.75) | |||
| Skewness | 0.7317 | |||
| Kurtosis | 2.9 |
Additional Tools for Formosa Stock Analysis
When running Formosa Electronic's price analysis, check to measure Formosa Electronic'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 Formosa Electronic is operating at the current time. Most of Formosa Electronic's value examination focuses on studying past and present price action to predict the probability of Formosa Electronic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formosa Electronic's price. Additionally, you may evaluate how the addition of Formosa Electronic to your portfolios can decrease your overall portfolio volatility.