Taitron Components Incorporated Stock Technical Analysis

TAIT Stock  USD 3.18  0.02  0.63%   
As of the 24th of April, Taitron Components has the Risk Adjusted Performance of 0.0128, coefficient of variation of 6861.43, and Semi Deviation of 0.9377. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Taitron Components, as well as the relationship between them. 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 collect and analyze data for nineteen technical drivers for Taitron Components Incorporated, which can be compared to its competition. Please validate Taitron Components coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if Taitron Components is priced more or less accurately, providing market reflects its prevalent price of 3.18 per share. Given that Taitron Components has jensen alpha of (0.01), we advise you to double-check Taitron Components Incorporated's current market performance to make sure the company can sustain itself at a future point.

Taitron Components Momentum Analysis

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

Taitron Components Technical Analysis

Indicator
Time Period
Execute Indicator
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 Taitron Components volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Taitron Components Trend Analysis

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

Taitron Components Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Taitron Components Incorporated applied against its price change over selected period. The best fit line has a slop of   0.0004  , which may suggest that Taitron Components Incorporated market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Taitron Components price change compared to its average price change.

About Taitron Components 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 Taitron Components Incorporated 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 Taitron Components Incorporated based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Taitron Components price pattern first instead of the macroeconomic environment surrounding Taitron Components. By analyzing Taitron Components'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 Taitron Components'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 Taitron Components specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.0410.08160.05670.0435
Price To Sales Ratio2.722.483.473.64

Taitron Components April 24, 2024 Technical Indicators

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

Taitron Components April 24, 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 Taitron 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.
When determining whether Taitron Components 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 Taitron 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 Taitron Components Incorporated Stock. Highlighted below are key reports to facilitate an investment decision about Taitron Components Incorporated Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Taitron Components Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

Complementary Tools for Taitron Stock analysis

When running Taitron Components' price analysis, check to measure Taitron Components' 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 Taitron Components is operating at the current time. Most of Taitron Components' value examination focuses on studying past and present price action to predict the probability of Taitron Components' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Taitron Components' price. Additionally, you may evaluate how the addition of Taitron Components to your portfolios can decrease your overall portfolio volatility.
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Transaction History
View history of all your transactions and understand their impact on performance
Fundamental Analysis
View fundamental data based on most recent published financial statements
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Is Taitron Components' 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 Taitron Components. If investors know Taitron 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 Taitron Components 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
2.41
Dividend Share
0.2
Earnings Share
0.31
Revenue Per Share
1.017
Quarterly Revenue Growth
(0.46)
The market value of Taitron Components is measured differently than its book value, which is the value of Taitron that is recorded on the company's balance sheet. Investors also form their own opinion of Taitron Components' value that differs from its market value or its book value, called intrinsic value, which is Taitron Components' 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 Taitron Components' market value can be influenced by many factors that don't directly affect Taitron Components' 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 Taitron Components' value and its price as these two are different measures arrived at by different means. Investors typically determine if Taitron Components is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Taitron Components' 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.