Taiwan Cement (Taiwan) Technical Analysis
| 1101 Stock | TWD 33.00 0.15 0.46% |
As of the 4th of June, Taiwan Cement has the Coefficient Of Variation of 2283.24, semi deviation of 0.8817, and Risk Adjusted Performance of 0.0313. Taiwan Cement 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 Taiwan Cement Corp, which can be compared to its competition. Please validate Taiwan Cement Corp mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Taiwan Cement is priced more or less accurately, providing market reflects its prevalent price of 33.0 per share.
Taiwan Cement Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Taiwan, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TaiwanTaiwan |
Taiwan Cement 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.
Taiwan Cement Corp Technical Analysis
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 Taiwan Cement Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Taiwan Cement Corp Trend Analysis
Use this graph to draw trend lines for Taiwan Cement Corp. You can use it to identify possible trend reversals for Taiwan Cement 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 Taiwan Cement price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Taiwan Cement Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Taiwan Cement Corp applied against its price change over selected period. The best fit line has a slop of 0.04 , which means Taiwan Cement Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 55.69, which is the sum of squared deviations for the predicted Taiwan Cement price change compared to its average price change.About Taiwan Cement 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 Taiwan Cement 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 Taiwan Cement Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Taiwan Cement Corp price pattern first instead of the macroeconomic environment surrounding Taiwan Cement Corp. By analyzing Taiwan Cement'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 Taiwan Cement'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 Taiwan Cement specific price patterns or momentum indicators. Please read more on our technical analysis page.
Taiwan Cement June 4, 2024 Technical Indicators
Most technical analysis of Taiwan 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 Taiwan from various momentum indicators to cycle indicators. When you analyze Taiwan 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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| Risk Adjusted Performance | 0.0313 | |||
| Market Risk Adjusted Performance | (0.16) | |||
| Mean Deviation | 0.7987 | |||
| Semi Deviation | 0.8817 | |||
| Downside Deviation | 0.98 | |||
| Coefficient Of Variation | 2283.24 | |||
| Standard Deviation | 1.02 | |||
| Variance | 1.04 | |||
| Information Ratio | 0.0085 | |||
| Jensen Alpha | 0.0399 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0089 | |||
| Treynor Ratio | (0.17) | |||
| Maximum Drawdown | 5.21 | |||
| Value At Risk | (1.48) | |||
| Potential Upside | 1.88 | |||
| Downside Variance | 0.9605 | |||
| Semi Variance | 0.7773 | |||
| Expected Short fall | (0.92) | |||
| Skewness | 0.3121 | |||
| Kurtosis | 0.3058 |
Additional Tools for Taiwan Stock Analysis
When running Taiwan Cement's price analysis, check to measure Taiwan Cement'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 Taiwan Cement is operating at the current time. Most of Taiwan Cement's value examination focuses on studying past and present price action to predict the probability of Taiwan Cement's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taiwan Cement's price. Additionally, you may evaluate how the addition of Taiwan Cement to your portfolios can decrease your overall portfolio volatility.