Roundtop Machinery (Taiwan) Technical Analysis
| 1540 Stock | TWD 36.35 1.40 3.71% |
As of the 15th of December 2024, Roundtop Machinery holds the Risk Adjusted Performance of (0.05), coefficient of variation of (1,269), and Variance of 9.04. Roundtop Machinery technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the company's future prices. Please check Roundtop Machinery information ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk to decide if Roundtop Machinery is priced some-what accurately, providing market reflects its current price of 36.35 per share.
Roundtop Machinery Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Roundtop, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RoundtopRoundtop |
Roundtop Machinery 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.
Roundtop Machinery Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-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 Roundtop Machinery volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Roundtop Machinery Trend Analysis
Use this graph to draw trend lines for Roundtop Machinery Industries. You can use it to identify possible trend reversals for Roundtop Machinery 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 Roundtop Machinery price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Roundtop Machinery Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Roundtop Machinery Industries applied against its price change over selected period. The best fit line has a slop of 0.18 , which may suggest that Roundtop Machinery Industries market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1193.15, which is the sum of squared deviations for the predicted Roundtop Machinery price change compared to its average price change.About Roundtop Machinery 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 Roundtop Machinery Industries 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 Roundtop Machinery Industries based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Roundtop Machinery price pattern first instead of the macroeconomic environment surrounding Roundtop Machinery. By analyzing Roundtop Machinery'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 Roundtop Machinery'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 Roundtop Machinery specific price patterns or momentum indicators. Please read more on our technical analysis page.
Roundtop Machinery December 15, 2024 Technical Indicators
Most technical analysis of Roundtop 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 Roundtop from various momentum indicators to cycle indicators. When you analyze Roundtop 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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| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | (1.37) | |||
| Mean Deviation | 1.96 | |||
| Coefficient Of Variation | (1,269) | |||
| Standard Deviation | 3.01 | |||
| Variance | 9.04 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.62) | |||
| Treynor Ratio | (1.38) | |||
| Maximum Drawdown | 16.85 | |||
| Value At Risk | (3.61) | |||
| Potential Upside | 4.77 | |||
| Skewness | 1.62 | |||
| Kurtosis | 4.47 |
Additional Tools for Roundtop Stock Analysis
When running Roundtop Machinery's price analysis, check to measure Roundtop Machinery'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 Roundtop Machinery is operating at the current time. Most of Roundtop Machinery's value examination focuses on studying past and present price action to predict the probability of Roundtop Machinery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Roundtop Machinery's price. Additionally, you may evaluate how the addition of Roundtop Machinery to your portfolios can decrease your overall portfolio volatility.