Chunghwa Telecom Co Stock Technical Analysis

CHT Stock  USD 38.63  0.13  0.34%   
As of the 16th of April 2024, Chunghwa Telecom shows the Risk Adjusted Performance of 0.0046, downside deviation of 0.8006, and Mean Deviation of 0.5716. Chunghwa Telecom 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyze and collected data for nineteen technical drivers for Chunghwa Telecom Co, which can be compared to its peers. Please confirm Chunghwa Telecom variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Chunghwa Telecom is priced correctly, providing market reflects its regular price of 38.63 per share. Given that Chunghwa Telecom has jensen alpha of (0.03), we suggest you to validate Chunghwa Telecom Co's prevailing market performance to make sure the company can sustain itself at a future point.

Chunghwa Telecom Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Chunghwa, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Chunghwa
  
Chunghwa Telecom'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.

Chunghwa Telecom Analyst Consensus

Target PriceAdvice# of Analysts
37.63Hold1Odds
Chunghwa Telecom Co current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Chunghwa analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Chunghwa stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Chunghwa Telecom, talking to its executives and customers, or listening to Chunghwa conference calls.
Chunghwa Analyst Advice Details
Chunghwa Telecom 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 Chunghwa Telecom technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Chunghwa Telecom 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...

Chunghwa Telecom Technical Analysis

Indicator
Time Period
Execute Indicator
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 Chunghwa Telecom volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Chunghwa Telecom Trend Analysis

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

Chunghwa Telecom Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Chunghwa Telecom Co applied against its price change over selected period. The best fit line has a slop of   0.01  , which may imply that Chunghwa Telecom Co will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 6.77, which is the sum of squared deviations for the predicted Chunghwa Telecom price change compared to its average price change.

About Chunghwa Telecom 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 Chunghwa Telecom Co 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 Chunghwa Telecom Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Chunghwa Telecom price pattern first instead of the macroeconomic environment surrounding Chunghwa Telecom. By analyzing Chunghwa Telecom'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 Chunghwa Telecom'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 Chunghwa Telecom specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.0036880.0041010.0039230.003727
Price To Sales Ratio43.2463.7641.6643.74

Chunghwa Telecom April 16, 2024 Technical Indicators

Most technical analysis of Chunghwa 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 Chunghwa from various momentum indicators to cycle indicators. When you analyze Chunghwa 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.
When determining whether Chunghwa Telecom is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Chunghwa Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Chunghwa Telecom Co Stock. Highlighted below are key reports to facilitate an investment decision about Chunghwa Telecom Co Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chunghwa Telecom Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the Chunghwa Telecom information on this page should be used as a complementary analysis to other Chunghwa Telecom's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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When running Chunghwa Telecom's price analysis, check to measure Chunghwa Telecom'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 Chunghwa Telecom is operating at the current time. Most of Chunghwa Telecom's value examination focuses on studying past and present price action to predict the probability of Chunghwa Telecom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chunghwa Telecom's price. Additionally, you may evaluate how the addition of Chunghwa Telecom to your portfolios can decrease your overall portfolio volatility.
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Is Chunghwa Telecom's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chunghwa Telecom. If investors know Chunghwa will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chunghwa Telecom listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.02)
Dividend Share
4.758
Earnings Share
1.47
Revenue Per Share
71.93
Quarterly Revenue Growth
0.04
The market value of Chunghwa Telecom is measured differently than its book value, which is the value of Chunghwa that is recorded on the company's balance sheet. Investors also form their own opinion of Chunghwa Telecom's value that differs from its market value or its book value, called intrinsic value, which is Chunghwa Telecom's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chunghwa Telecom's market value can be influenced by many factors that don't directly affect Chunghwa Telecom's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chunghwa Telecom's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chunghwa Telecom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chunghwa Telecom'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.