Chroma ATE (Taiwan) Technical Analysis
| 2360 Stock | TWD 405.00 1.50 0.37% |
As of the 15th of December 2024, Chroma ATE shows the Mean Deviation of 2.33, downside deviation of 2.78, and Risk Adjusted Performance of 0.0851. Chroma ATE 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 Chroma ATE variance, jensen alpha, and the relationship between the standard deviation and information ratio to decide if Chroma ATE is priced correctly, providing market reflects its regular price of 405.0 per share.
Chroma ATE Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Chroma, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ChromaChroma |
Chroma ATE 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.
Chroma ATE 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 Chroma ATE volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Chroma ATE Trend Analysis
Use this graph to draw trend lines for Chroma ATE. You can use it to identify possible trend reversals for Chroma ATE 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 Chroma ATE price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Chroma ATE Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Chroma ATE applied against its price change over selected period. The best fit line has a slop of 0.81 , which means Chroma ATE will continue generating value for investors. It has 122 observation points and a regression sum of squares at 24847.41, which is the sum of squared deviations for the predicted Chroma ATE price change compared to its average price change.About Chroma ATE 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 Chroma ATE 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 Chroma ATE based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Chroma ATE price pattern first instead of the macroeconomic environment surrounding Chroma ATE. By analyzing Chroma ATE'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 Chroma ATE'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 Chroma ATE specific price patterns or momentum indicators. Please read more on our technical analysis page.
Chroma ATE December 15, 2024 Technical Indicators
Most technical analysis of Chroma 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 Chroma from various momentum indicators to cycle indicators. When you analyze Chroma 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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| Volume Indicators |
| Risk Adjusted Performance | 0.0851 | |||
| Market Risk Adjusted Performance | 0.6558 | |||
| Mean Deviation | 2.33 | |||
| Semi Deviation | 2.35 | |||
| Downside Deviation | 2.78 | |||
| Coefficient Of Variation | 935.46 | |||
| Standard Deviation | 3.03 | |||
| Variance | 9.16 | |||
| Information Ratio | 0.0738 | |||
| Jensen Alpha | 0.2698 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0804 | |||
| Treynor Ratio | 0.6458 | |||
| Maximum Drawdown | 13.2 | |||
| Value At Risk | (4.44) | |||
| Potential Upside | 6.22 | |||
| Downside Variance | 7.72 | |||
| Semi Variance | 5.52 | |||
| Expected Short fall | (2.80) | |||
| Skewness | 0.3526 | |||
| Kurtosis | (0.08) |
Additional Tools for Chroma Stock Analysis
When running Chroma ATE's price analysis, check to measure Chroma ATE'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 Chroma ATE is operating at the current time. Most of Chroma ATE's value examination focuses on studying past and present price action to predict the probability of Chroma ATE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chroma ATE's price. Additionally, you may evaluate how the addition of Chroma ATE to your portfolios can decrease your overall portfolio volatility.