Asm Pacific Technology Stock Technical Analysis

ASMVY Stock  USD 39.14  2.42  6.59%   
As of the 25th of April, Asm Pacific shows the Risk Adjusted Performance of 0.1009, downside deviation of 2.67, and Mean Deviation of 2.25. Asm Pacific Technology 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 were able to interpolate and analyze data for nineteen technical drivers for Asm Pacific Technology, which can be compared to its peers. Please confirm Asm Pacific Technology downside deviation, treynor ratio, as well as the relationship between the Treynor Ratio and expected short fall to decide if Asm Pacific Technology is priced correctly, providing market reflects its regular price of 39.14 per share. Given that Asm Pacific has jensen alpha of 0.3016, we suggest you to validate Asm Pacific Technology's prevailing market performance to make sure the company can sustain itself at a future point.

Asm Pacific Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Asm, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Asm
  
Asm Pacific'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.
Asm Pacific technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Asm Pacific technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Asm Pacific 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...

Asm Pacific Technology Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Asm Pacific Technology volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Asm Pacific Technology Trend Analysis

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

Asm Pacific Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Asm Pacific Technology applied against its price change over selected period. The best fit line has a slop of   0.15  , which means Asm Pacific Technology will continue generating value for investors. It has 122 observation points and a regression sum of squares at 809.19, which is the sum of squared deviations for the predicted Asm Pacific price change compared to its average price change.

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

Asm Pacific April 25, 2024 Technical Indicators

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

Asm Pacific April 25, 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 Asm 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 Asm Pacific 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 real.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Asm Pink Sheet analysis

When running Asm Pacific's price analysis, check to measure Asm Pacific'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 Asm Pacific is operating at the current time. Most of Asm Pacific's value examination focuses on studying past and present price action to predict the probability of Asm Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asm Pacific's price. Additionally, you may evaluate how the addition of Asm Pacific to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Asm Pacific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Asm Pacific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asm Pacific'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.