Basso Industry (Taiwan) Technical Analysis
| 1527 Stock | TWD 43.50 0.50 1.14% |
As of the 14th of December 2024, Basso Industry shows the Standard Deviation of 1.41, risk adjusted performance of (0.01), and Mean Deviation of 1.04. Basso Industry Corp 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. Please confirm Basso Industry Corp treynor ratio, value at risk, and the relationship between the information ratio and maximum drawdown to decide if Basso Industry Corp is priced correctly, providing market reflects its regular price of 43.5 per share.
Basso Industry Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Basso, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BassoBasso |
Basso Industry 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.
Basso Industry Corp 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 Basso Industry Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Basso Industry Corp Trend Analysis
Use this graph to draw trend lines for Basso Industry Corp. You can use it to identify possible trend reversals for Basso Industry 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 Basso Industry price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Basso Industry Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Basso Industry Corp applied against its price change over selected period. The best fit line has a slop of 0.07 , which may suggest that Basso Industry Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 189.97, which is the sum of squared deviations for the predicted Basso Industry price change compared to its average price change.About Basso Industry 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 Basso Industry Corp 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 Basso Industry Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Basso Industry Corp price pattern first instead of the macroeconomic environment surrounding Basso Industry Corp. By analyzing Basso Industry'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 Basso Industry'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 Basso Industry specific price patterns or momentum indicators. Please read more on our technical analysis page.
Basso Industry December 14, 2024 Technical Indicators
Most technical analysis of Basso 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 Basso from various momentum indicators to cycle indicators. When you analyze Basso 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.
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.63) | |||
| Mean Deviation | 1.04 | |||
| Coefficient Of Variation | (3,709) | |||
| Standard Deviation | 1.41 | |||
| Variance | 2.0 | |||
| Information Ratio | (0.1) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.64) | |||
| Maximum Drawdown | 8.93 | |||
| Value At Risk | (2.02) | |||
| Potential Upside | 2.3 | |||
| Skewness | 0.1025 | |||
| Kurtosis | 1.87 |
Basso Industry 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 Basso 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 | 4,613 | ||
| Daily Balance Of Power | (0.77) | ||
| Rate Of Daily Change | 0.99 | ||
| Day Median Price | 43.58 | ||
| Day Typical Price | 43.55 | ||
| Price Action Indicator | (0.32) |
Additional Tools for Basso Stock Analysis
When running Basso Industry's price analysis, check to measure Basso Industry'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 Basso Industry is operating at the current time. Most of Basso Industry's value examination focuses on studying past and present price action to predict the probability of Basso Industry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Basso Industry's price. Additionally, you may evaluate how the addition of Basso Industry to your portfolios can decrease your overall portfolio volatility.