Sino Horizon (Taiwan) Technical Analysis
| 2923 Stock | TWD 28.50 0.20 0.71% |
As of the 15th of December 2024, Sino Horizon has the Risk Adjusted Performance of 0.049, coefficient of variation of 1781.03, and Semi Deviation of 3.82. Sino Horizon technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. Please validate Sino Horizon Holdings downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Sino Horizon is priced more or less accurately, providing market reflects its prevalent price of 28.5 per share.
Sino Horizon Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Sino, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SinoSino |
Sino Horizon 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.
Sino Horizon Holdings 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 Sino Horizon Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Sino Horizon Holdings Trend Analysis
Use this graph to draw trend lines for Sino Horizon Holdings. You can use it to identify possible trend reversals for Sino Horizon 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 Sino Horizon price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Sino Horizon Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Sino Horizon Holdings applied against its price change over selected period. The best fit line has a slop of 0.11 , which may suggest that Sino Horizon Holdings market price will keep on failing further. It has 122 observation points and a regression sum of squares at 445.52, which is the sum of squared deviations for the predicted Sino Horizon price change compared to its average price change.About Sino Horizon 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 Sino Horizon Holdings 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 Sino Horizon Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Sino Horizon Holdings price pattern first instead of the macroeconomic environment surrounding Sino Horizon Holdings. By analyzing Sino Horizon'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 Sino Horizon'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 Sino Horizon specific price patterns or momentum indicators. Please read more on our technical analysis page.
Sino Horizon December 15, 2024 Technical Indicators
Most technical analysis of Sino 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 Sino from various momentum indicators to cycle indicators. When you analyze Sino 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 | 0.049 | |||
| Market Risk Adjusted Performance | 0.6421 | |||
| Mean Deviation | 3.22 | |||
| Semi Deviation | 3.82 | |||
| Downside Deviation | 4.17 | |||
| Coefficient Of Variation | 1781.03 | |||
| Standard Deviation | 4.13 | |||
| Variance | 17.05 | |||
| Information Ratio | 0.0319 | |||
| Jensen Alpha | 0.1902 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | 0.0316 | |||
| Treynor Ratio | 0.6321 | |||
| Maximum Drawdown | 17.01 | |||
| Value At Risk | (6.69) | |||
| Potential Upside | 7.72 | |||
| Downside Variance | 17.42 | |||
| Semi Variance | 14.62 | |||
| Expected Short fall | (3.55) | |||
| Skewness | 0.0248 | |||
| Kurtosis | (0.17) |
Additional Tools for Sino Stock Analysis
When running Sino Horizon's price analysis, check to measure Sino Horizon'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 Sino Horizon is operating at the current time. Most of Sino Horizon's value examination focuses on studying past and present price action to predict the probability of Sino Horizon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sino Horizon's price. Additionally, you may evaluate how the addition of Sino Horizon to your portfolios can decrease your overall portfolio volatility.