Mayer Steel (Taiwan) Technical Analysis
| 2020 Stock | TWD 28.15 0.15 0.53% |
As of the 13th of December 2024, Mayer Steel secures the Risk Adjusted Performance of 0.0317, downside deviation of 1.07, and Mean Deviation of 0.8601. Mayer Steel Pipe technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Please verify Mayer Steel Pipe information ratio, treynor ratio, value at risk, as well as the relationship between the jensen alpha and maximum drawdown to decide if Mayer Steel Pipe is priced some-what accurately, providing market reflects its recent price of 28.15 per share.
Mayer Steel Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Mayer, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MayerMayer |
Mayer Steel 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.
Mayer Steel Pipe Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Mayer Steel Pipe volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Mayer Steel Pipe Trend Analysis
Use this graph to draw trend lines for Mayer Steel Pipe. You can use it to identify possible trend reversals for Mayer Steel 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 Mayer Steel price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Mayer Steel Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Mayer Steel Pipe applied against its price change over selected period. The best fit line has a slop of 0.0038 , which may suggest that Mayer Steel Pipe market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.54, which is the sum of squared deviations for the predicted Mayer Steel price change compared to its average price change.About Mayer Steel 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 Mayer Steel Pipe 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 Mayer Steel Pipe based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Mayer Steel Pipe price pattern first instead of the macroeconomic environment surrounding Mayer Steel Pipe. By analyzing Mayer Steel'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 Mayer Steel'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 Mayer Steel specific price patterns or momentum indicators. Please read more on our technical analysis page.
Mayer Steel December 13, 2024 Technical Indicators
Most technical analysis of Mayer 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 Mayer from various momentum indicators to cycle indicators. When you analyze Mayer 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 | 0.0317 | |||
| Market Risk Adjusted Performance | (0.29) | |||
| Mean Deviation | 0.8601 | |||
| Semi Deviation | 0.9019 | |||
| Downside Deviation | 1.07 | |||
| Coefficient Of Variation | 2658.65 | |||
| Standard Deviation | 1.3 | |||
| Variance | 1.69 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | 0.0523 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0.30) | |||
| Maximum Drawdown | 7.44 | |||
| Value At Risk | (1.84) | |||
| Potential Upside | 1.89 | |||
| Downside Variance | 1.14 | |||
| Semi Variance | 0.8134 | |||
| Expected Short fall | (1.23) | |||
| Skewness | 1.48 | |||
| Kurtosis | 4.78 |
Mayer Steel December 13, 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 Mayer 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 | 2,216 | ||
| Daily Balance Of Power | (0.75) | ||
| Rate Of Daily Change | 0.99 | ||
| Day Median Price | 28.25 | ||
| Day Typical Price | 28.22 | ||
| Price Action Indicator | (0.18) |
Additional Tools for Mayer Stock Analysis
When running Mayer Steel's price analysis, check to measure Mayer Steel'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 Mayer Steel is operating at the current time. Most of Mayer Steel's value examination focuses on studying past and present price action to predict the probability of Mayer Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mayer Steel's price. Additionally, you may evaluate how the addition of Mayer Steel to your portfolios can decrease your overall portfolio volatility.