Weikeng Industrial (Taiwan) Technical Analysis
| 3033 Stock | TWD 33.75 0.40 1.17% |
As of the 15th of December 2024, Weikeng Industrial maintains the Mean Deviation of 0.8095, downside deviation of 0.9674, and Market Risk Adjusted Performance of 0.0375. Weikeng Industrial technical analysis makes it possible for you to employ past prices and volume data with the intention to determine a pattern that calculates the direction of the company's future prices. Please check out Weikeng Industrial mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation to decide if Weikeng Industrial is priced fairly, providing market reflects its latest price of 33.75 per share.
Weikeng Industrial Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Weikeng, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WeikengWeikeng |
Weikeng Industrial 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.
Weikeng Industrial 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 Weikeng Industrial volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Weikeng Industrial Trend Analysis
Use this graph to draw trend lines for Weikeng Industrial Co. You can use it to identify possible trend reversals for Weikeng Industrial 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 Weikeng Industrial price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Weikeng Industrial Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Weikeng Industrial Co applied against its price change over selected period. The best fit line has a slop of 0.0078 , which may suggest that Weikeng Industrial Co market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2.3, which is the sum of squared deviations for the predicted Weikeng Industrial price change compared to its average price change.About Weikeng Industrial 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 Weikeng Industrial Co 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 Weikeng Industrial Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Weikeng Industrial price pattern first instead of the macroeconomic environment surrounding Weikeng Industrial. By analyzing Weikeng Industrial'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 Weikeng Industrial'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 Weikeng Industrial specific price patterns or momentum indicators. Please read more on our technical analysis page.
Weikeng Industrial December 15, 2024 Technical Indicators
Most technical analysis of Weikeng 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 Weikeng from various momentum indicators to cycle indicators. When you analyze Weikeng 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 | ||
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| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0177 | |||
| Market Risk Adjusted Performance | 0.0375 | |||
| Mean Deviation | 0.8095 | |||
| Semi Deviation | 0.8312 | |||
| Downside Deviation | 0.9674 | |||
| Coefficient Of Variation | 5034.9 | |||
| Standard Deviation | 1.09 | |||
| Variance | 1.18 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.0275 | |||
| Maximum Drawdown | 5.58 | |||
| Value At Risk | (1.68) | |||
| Potential Upside | 2.15 | |||
| Downside Variance | 0.9358 | |||
| Semi Variance | 0.6909 | |||
| Expected Short fall | (1.18) | |||
| Skewness | 0.6609 | |||
| Kurtosis | 0.7968 |
Additional Tools for Weikeng Stock Analysis
When running Weikeng Industrial's price analysis, check to measure Weikeng Industrial'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 Weikeng Industrial is operating at the current time. Most of Weikeng Industrial's value examination focuses on studying past and present price action to predict the probability of Weikeng Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Weikeng Industrial's price. Additionally, you may evaluate how the addition of Weikeng Industrial to your portfolios can decrease your overall portfolio volatility.