MacroWell OMG (Taiwan) Technical Analysis
| 3687 Stock | TWD 90.40 0.40 0.44% |
As of the 6th of January, MacroWell OMG secures the Mean Deviation of 1.81, risk adjusted performance of 0.0057, and Standard Deviation of 2.86. MacroWell OMG Digital 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 MacroWell OMG Digital mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if MacroWell OMG Digital is priced some-what accurately, providing market reflects its recent price of 90.4 per share.
MacroWell OMG Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as MacroWell, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MacroWellMacroWell |
MacroWell OMG 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.
MacroWell OMG Digital 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 MacroWell OMG Digital volatility. High ATR values indicate high volatility, and low values indicate low volatility.
MacroWell OMG Digital Trend Analysis
Use this graph to draw trend lines for MacroWell OMG Digital. You can use it to identify possible trend reversals for MacroWell OMG 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 MacroWell OMG price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.MacroWell OMG Best Fit Change Line
The following chart estimates an ordinary least squares regression model for MacroWell OMG Digital applied against its price change over selected period. The best fit line has a slop of 0.31 , which may suggest that MacroWell OMG Digital market price will keep on failing further. It has 122 observation points and a regression sum of squares at 3642.57, which is the sum of squared deviations for the predicted MacroWell OMG price change compared to its average price change.About MacroWell OMG 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 MacroWell OMG Digital 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 MacroWell OMG Digital based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on MacroWell OMG Digital price pattern first instead of the macroeconomic environment surrounding MacroWell OMG Digital. By analyzing MacroWell OMG'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 MacroWell OMG'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 MacroWell OMG specific price patterns or momentum indicators. Please read more on our technical analysis page.
MacroWell OMG January 6, 2025 Technical Indicators
Most technical analysis of MacroWell 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 MacroWell from various momentum indicators to cycle indicators. When you analyze MacroWell 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 | 0.0057 | |||
| Market Risk Adjusted Performance | 0.0558 | |||
| Mean Deviation | 1.81 | |||
| Coefficient Of Variation | (57,013) | |||
| Standard Deviation | 2.86 | |||
| Variance | 8.2 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | 0.0458 | |||
| Maximum Drawdown | 19.33 | |||
| Value At Risk | (3.14) | |||
| Potential Upside | 3.2 | |||
| Skewness | 0.6802 | |||
| Kurtosis | 4.89 |
Additional Tools for MacroWell Stock Analysis
When running MacroWell OMG's price analysis, check to measure MacroWell OMG'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 MacroWell OMG is operating at the current time. Most of MacroWell OMG's value examination focuses on studying past and present price action to predict the probability of MacroWell OMG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MacroWell OMG's price. Additionally, you may evaluate how the addition of MacroWell OMG to your portfolios can decrease your overall portfolio volatility.