Genesis Technology (Taiwan) Technical Analysis
| 6221 Stock | TWD 84.70 0.40 0.47% |
As of the 13th of May 2024, Genesis Technology retains the Market Risk Adjusted Performance of 11.23, coefficient of variation of 296.22, and Risk Adjusted Performance of 0.2127. Genesis Technology technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate eighteen technical drivers for Genesis Technology, which can be compared to its competitors. Please check out Genesis Technology variance, jensen alpha, and the relationship between the standard deviation and information ratio to decide if Genesis Technology is priced fairly, providing market reflects its last-minute price of 84.7 per share.
Genesis Technology Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Genesis, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GenesisGenesis |
Genesis Technology 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.
Genesis Technology Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-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 Genesis Technology volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Genesis Technology Trend Analysis
Use this graph to draw trend lines for Genesis Technology. You can use it to identify possible trend reversals for Genesis Technology 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 Genesis Technology price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Genesis Technology Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Genesis Technology applied against its price change over selected period. The best fit line has a slop of 0.32 , which means Genesis Technology will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3798.76, which is the sum of squared deviations for the predicted Genesis Technology price change compared to its average price change.About Genesis Technology 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 Genesis Technology 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 Genesis Technology based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Genesis Technology price pattern first instead of the macroeconomic environment surrounding Genesis Technology. By analyzing Genesis Technology'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 Genesis Technology'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 Genesis Technology specific price patterns or momentum indicators. Please read more on our technical analysis page.
Genesis Technology May 13, 2024 Technical Indicators
Most technical analysis of Genesis 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 Genesis from various momentum indicators to cycle indicators. When you analyze Genesis 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 | 0.2127 | |||
| Market Risk Adjusted Performance | 11.23 | |||
| Mean Deviation | 0.6944 | |||
| Downside Deviation | 0.598 | |||
| Coefficient Of Variation | 296.22 | |||
| Standard Deviation | 1.1 | |||
| Variance | 1.21 | |||
| Information Ratio | 0.2619 | |||
| Jensen Alpha | 0.3589 | |||
| Total Risk Alpha | 0.2306 | |||
| Sortino Ratio | 0.4816 | |||
| Treynor Ratio | 11.22 | |||
| Maximum Drawdown | 6.69 | |||
| Value At Risk | (0.86) | |||
| Potential Upside | 3.53 | |||
| Downside Variance | 0.3575 | |||
| Semi Variance | (0.23) | |||
| Expected Short fall | (1.04) | |||
| Skewness | 2.37 | |||
| Kurtosis | 7.36 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Genesis Technology. 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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Genesis Stock analysis
When running Genesis Technology's price analysis, check to measure Genesis Technology'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 Genesis Technology is operating at the current time. Most of Genesis Technology's value examination focuses on studying past and present price action to predict the probability of Genesis Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genesis Technology's price. Additionally, you may evaluate how the addition of Genesis Technology to your portfolios can decrease your overall portfolio volatility.
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