Tera Autotech (Taiwan) Technical Analysis

6234 Stock  TWD 25.80  1.10  0.00%   
As of the 24th of April, Tera Autotech has the Coefficient Of Variation of 1146.0, semi deviation of 1.97, and Risk Adjusted Performance of 0.0623. Tera Autotech technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Tera Autotech, which can be compared to its competition. Please validate Tera Autotech standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if Tera Autotech is priced more or less accurately, providing market reflects its prevalent price of 29.05 per share.

Tera Autotech Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Tera, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Tera
  
Tera Autotech's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Tera Autotech 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.
A focus of Tera Autotech technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Tera Autotech trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Tera Autotech Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was thirty with a total number of output elements of thirty-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 Tera Autotech volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Tera Autotech Trend Analysis

Use this graph to draw trend lines for Tera Autotech. You can use it to identify possible trend reversals for Tera Autotech 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 Tera Autotech price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Tera Autotech Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Tera Autotech applied against its price change over selected period. The best fit line has a slop of   0.09  , which means Tera Autotech will continue generating value for investors. It has 122 observation points and a regression sum of squares at 331.03, which is the sum of squared deviations for the predicted Tera Autotech price change compared to its average price change.

About Tera Autotech 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 Tera Autotech 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 Tera Autotech based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Tera Autotech price pattern first instead of the macroeconomic environment surrounding Tera Autotech. By analyzing Tera Autotech'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 Tera Autotech'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 Tera Autotech specific price patterns or momentum indicators. Please read more on our technical analysis page.

Tera Autotech April 24, 2024 Technical Indicators

Most technical analysis of Tera 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 Tera from various momentum indicators to cycle indicators. When you analyze Tera 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.

Tera Autotech April 24, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Tera stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Tera Autotech. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Complementary Tools for Tera Stock analysis

When running Tera Autotech's price analysis, check to measure Tera Autotech'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 Tera Autotech is operating at the current time. Most of Tera Autotech's value examination focuses on studying past and present price action to predict the probability of Tera Autotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tera Autotech's price. Additionally, you may evaluate how the addition of Tera Autotech to your portfolios can decrease your overall portfolio volatility.
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Money Managers
Screen money managers from public funds and ETFs managed around the world
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Please note, there is a significant difference between Tera Autotech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tera Autotech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tera Autotech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.