YuantaP Shares (Taiwan) Technical Analysis
| 0051 Etf | TWD 78.95 0.20 0.25% |
As of the 13th of May 2024, YuantaP Shares maintains the Downside Deviation of 1.07, market risk adjusted performance of (1.28), and Mean Deviation of 0.6552. YuantaP shares Taiwan technical analysis makes it possible for you to employ past prices and volume data with the intention to determine a pattern that calculates the direction of the etf's future prices. Specifically, you can use this information to find out if the etf will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for YuantaP shares Taiwan, which can be compared to its peers. Please check out YuantaP shares Taiwan semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation to decide if YuantaP shares Taiwan is priced fairly, providing market reflects its latest price of 78.95 per share.
YuantaP Shares Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as YuantaP, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to YuantaPYuantaP |
YuantaP Shares technical etf 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, etf market cycles, or different charting patterns.
YuantaP shares Taiwan Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-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 YuantaP shares Taiwan volatility. High ATR values indicate high volatility, and low values indicate low volatility.
YuantaP shares Taiwan Trend Analysis
Use this graph to draw trend lines for YuantaP shares Taiwan Mid Cap. You can use it to identify possible trend reversals for YuantaP Shares 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 YuantaP Shares price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.YuantaP Shares Best Fit Change Line
The following chart estimates an ordinary least squares regression model for YuantaP shares Taiwan Mid Cap applied against its price change over selected period. The best fit line has a slop of 0.05 , which means YuantaP shares Taiwan Mid Cap will continue generating value for investors. It has 122 observation points and a regression sum of squares at 77.72, which is the sum of squared deviations for the predicted YuantaP Shares price change compared to its average price change.About YuantaP Shares 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 YuantaP shares Taiwan Mid Cap 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 YuantaP shares Taiwan Mid Cap based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on YuantaP shares Taiwan price pattern first instead of the macroeconomic environment surrounding YuantaP shares Taiwan. By analyzing YuantaP Shares'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 YuantaP Shares'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 YuantaP Shares specific price patterns or momentum indicators. Please read more on our technical analysis page.
YuantaP Shares May 13, 2024 Technical Indicators
Most technical analysis of YuantaP 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 YuantaP from various momentum indicators to cycle indicators. When you analyze YuantaP 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0865 | |||
| Market Risk Adjusted Performance | (1.28) | |||
| Mean Deviation | 0.6552 | |||
| Semi Deviation | 0.8296 | |||
| Downside Deviation | 1.07 | |||
| Coefficient Of Variation | 740.93 | |||
| Standard Deviation | 0.9047 | |||
| Variance | 0.8185 | |||
| Information Ratio | 0.0494 | |||
| Jensen Alpha | 0.1179 | |||
| Total Risk Alpha | 0.0133 | |||
| Sortino Ratio | 0.0417 | |||
| Treynor Ratio | (1.29) | |||
| Maximum Drawdown | 4.49 | |||
| Value At Risk | (1.70) | |||
| Potential Upside | 1.58 | |||
| Downside Variance | 1.15 | |||
| Semi Variance | 0.6883 | |||
| Expected Short fall | (0.67) | |||
| Skewness | (0.54) | |||
| Kurtosis | 0.9926 |
YuantaP Shares May 13, 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 YuantaP 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.
| Accumulation Distribution | 301.14 | ||
| Daily Balance Of Power | 0.44 | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 78.78 | ||
| Day Typical Price | 78.83 | ||
| Price Action Indicator | 0.28 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in YuantaP shares Taiwan Mid Cap. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.