Oneness Biotech (Taiwan) Technical Analysis
| 4743 Stock | TWD 105.00 2.00 1.87% |
As of the 3rd of December, Oneness Biotech holds the Risk Adjusted Performance of (0.17), variance of 6.13, and Coefficient Of Variation of (421.87). Oneness Biotech technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the company's future prices. Please check Oneness Biotech coefficient of variation, variance, and the relationship between the mean deviation and standard deviation to decide if Oneness Biotech is priced some-what accurately, providing market reflects its current price of 105.0 per share.
Oneness Biotech Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Oneness, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OnenessOneness |
Oneness Biotech 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.
Oneness Biotech Technical Analysis
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. 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 Oneness Biotech volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Oneness Biotech Trend Analysis
Use this graph to draw trend lines for Oneness Biotech Co. You can use it to identify possible trend reversals for Oneness Biotech 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 Oneness Biotech price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Oneness Biotech Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Oneness Biotech Co applied against its price change over selected period. The best fit line has a slop of 0.87 , which may suggest that Oneness Biotech Co market price will keep on failing further. It has 122 observation points and a regression sum of squares at 28623.52, which is the sum of squared deviations for the predicted Oneness Biotech price change compared to its average price change.About Oneness Biotech 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 Oneness Biotech 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 Oneness Biotech Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Oneness Biotech price pattern first instead of the macroeconomic environment surrounding Oneness Biotech. By analyzing Oneness Biotech'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 Oneness Biotech'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 Oneness Biotech specific price patterns or momentum indicators. Please read more on our technical analysis page.
Oneness Biotech December 3, 2024 Technical Indicators
Most technical analysis of Oneness 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 Oneness from various momentum indicators to cycle indicators. When you analyze Oneness 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 | (0.17) | |||
| Market Risk Adjusted Performance | (0.75) | |||
| Mean Deviation | 1.87 | |||
| Coefficient Of Variation | (421.87) | |||
| Standard Deviation | 2.48 | |||
| Variance | 6.13 | |||
| Information Ratio | (0.29) | |||
| Jensen Alpha | (0.69) | |||
| Total Risk Alpha | (0.97) | |||
| Treynor Ratio | (0.76) | |||
| Maximum Drawdown | 13.76 | |||
| Value At Risk | (4.76) | |||
| Potential Upside | 3.45 | |||
| Skewness | 0.1526 | |||
| Kurtosis | 0.9253 |
Additional Tools for Oneness Stock Analysis
When running Oneness Biotech's price analysis, check to measure Oneness Biotech'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 Oneness Biotech is operating at the current time. Most of Oneness Biotech's value examination focuses on studying past and present price action to predict the probability of Oneness Biotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oneness Biotech's price. Additionally, you may evaluate how the addition of Oneness Biotech to your portfolios can decrease your overall portfolio volatility.