ALFORMER Industrial (Taiwan) Technical Analysis
| 4558 Stock | TWD 38.30 0.30 0.79% |
As of the 4th of December, ALFORMER Industrial shows the Mean Deviation of 2.92, downside deviation of 3.86, and Risk Adjusted Performance of 0.1013. ALFORMER Industrial 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 ALFORMER Industrial semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation to decide if ALFORMER Industrial is priced adequately, providing market reflects its regular price of 38.3 per share.
ALFORMER 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 ALFORMER, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ALFORMERALFORMER |
ALFORMER 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.
ALFORMER Industrial Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 ALFORMER Industrial volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ALFORMER Industrial Trend Analysis
Use this graph to draw trend lines for ALFORMER Industrial Co. You can use it to identify possible trend reversals for ALFORMER 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 ALFORMER Industrial price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ALFORMER Industrial Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ALFORMER Industrial Co applied against its price change over selected period. The best fit line has a slop of 0.33 , which means ALFORMER Industrial Co will continue generating value for investors. It has 122 observation points and a regression sum of squares at 4005.73, which is the sum of squared deviations for the predicted ALFORMER Industrial price change compared to its average price change.About ALFORMER 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 ALFORMER 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 ALFORMER Industrial Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ALFORMER Industrial price pattern first instead of the macroeconomic environment surrounding ALFORMER Industrial. By analyzing ALFORMER 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 ALFORMER 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 ALFORMER Industrial specific price patterns or momentum indicators. Please read more on our technical analysis page.
ALFORMER Industrial December 4, 2024 Technical Indicators
Most technical analysis of ALFORMER 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 ALFORMER from various momentum indicators to cycle indicators. When you analyze ALFORMER 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 | 0.1013 | |||
| Market Risk Adjusted Performance | (1.15) | |||
| Mean Deviation | 2.92 | |||
| Semi Deviation | 3.17 | |||
| Downside Deviation | 3.86 | |||
| Coefficient Of Variation | 819.4 | |||
| Standard Deviation | 4.24 | |||
| Variance | 17.99 | |||
| Information Ratio | 0.0953 | |||
| Jensen Alpha | 0.5527 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.1047 | |||
| Treynor Ratio | (1.16) | |||
| Maximum Drawdown | 19.88 | |||
| Value At Risk | (5.78) | |||
| Potential Upside | 9.92 | |||
| Downside Variance | 14.93 | |||
| Semi Variance | 10.08 | |||
| Expected Short fall | (3.71) | |||
| Skewness | 0.4109 | |||
| Kurtosis | 1.24 |
Additional Tools for ALFORMER Stock Analysis
When running ALFORMER Industrial's price analysis, check to measure ALFORMER 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 ALFORMER Industrial is operating at the current time. Most of ALFORMER Industrial's value examination focuses on studying past and present price action to predict the probability of ALFORMER 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 ALFORMER Industrial's price. Additionally, you may evaluate how the addition of ALFORMER Industrial to your portfolios can decrease your overall portfolio volatility.