Cathay Nikkei (Taiwan) Technical Analysis
00657K Etf | USD 14.26 0.20 1.38% |
As of the 14th of December 2024, Cathay Nikkei shows the Mean Deviation of 0.9636, downside deviation of 1.21, and Risk Adjusted Performance of 0.092. Cathay Nikkei 225 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 entity's future prices.
Cathay Nikkei Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Cathay, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CathayCathay |
Cathay Nikkei 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.
Cathay Nikkei 225 Technical Analysis
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 Cathay Nikkei 225 volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Cathay Nikkei 225 Trend Analysis
Use this graph to draw trend lines for Cathay Nikkei 225. You can use it to identify possible trend reversals for Cathay Nikkei 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 Cathay Nikkei price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Cathay Nikkei Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Cathay Nikkei 225 applied against its price change over selected period. The best fit line has a slop of 0.0028 , which may suggest that Cathay Nikkei 225 market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.31, which is the sum of squared deviations for the predicted Cathay Nikkei price change compared to its average price change.About Cathay Nikkei 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 Cathay Nikkei 225 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 Cathay Nikkei 225 based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Cathay Nikkei 225 price pattern first instead of the macroeconomic environment surrounding Cathay Nikkei 225. By analyzing Cathay Nikkei'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 Cathay Nikkei'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 Cathay Nikkei specific price patterns or momentum indicators. Please read more on our technical analysis page.
Cathay Nikkei December 14, 2024 Technical Indicators
Most technical analysis of Cathay 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 Cathay from various momentum indicators to cycle indicators. When you analyze Cathay 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 | 0.092 | |||
Market Risk Adjusted Performance | 0.3526 | |||
Mean Deviation | 0.9636 | |||
Semi Deviation | 0.9791 | |||
Downside Deviation | 1.21 | |||
Coefficient Of Variation | 825.59 | |||
Standard Deviation | 1.24 | |||
Variance | 1.54 | |||
Information Ratio | 0.0404 | |||
Jensen Alpha | 0.1033 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | 0.0415 | |||
Treynor Ratio | 0.3426 | |||
Maximum Drawdown | 5.68 | |||
Value At Risk | (1.55) | |||
Potential Upside | 2.42 | |||
Downside Variance | 1.46 | |||
Semi Variance | 0.9586 | |||
Expected Short fall | (1.08) | |||
Skewness | 0.2012 | |||
Kurtosis | (0.01) |
Cathay Nikkei December 14, 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 Cathay 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 | 0.00 | ||
Daily Balance Of Power | (Huge) | ||
Rate Of Daily Change | 0.99 | ||
Day Median Price | 14.26 | ||
Day Typical Price | 14.26 | ||
Price Action Indicator | (0.10) |
Other Information on Investing in Cathay Etf
Cathay Nikkei financial ratios help investors to determine whether Cathay Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Cathay with respect to the benefits of owning Cathay Nikkei security.