Song Ho (Taiwan) Technical Analysis
| 5016 Stock | TWD 27.35 0.10 0.36% |
As of the 14th of December 2024, Song Ho has the Coefficient Of Variation of (2,173), risk adjusted performance of (0.04), and Variance of 0.2595. Song Ho 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 Song Ho Industrial standard deviation, information ratio, maximum drawdown, as well as the relationship between the variance and treynor ratio to decide if Song Ho is priced more or less accurately, providing market reflects its prevalent price of 27.35 per share.
Song Ho Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Song, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SongSong |
Song Ho 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.
Song Ho Industrial Technical Analysis
The output start index for this execution was thirty with a total number of output elements of thirty-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 Song Ho Industrial volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Song Ho Industrial Trend Analysis
Use this graph to draw trend lines for Song Ho Industrial. You can use it to identify possible trend reversals for Song Ho 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 Song Ho price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Song Ho Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Song Ho Industrial applied against its price change over selected period. The best fit line has a slop of 0.0024 , which may suggest that Song Ho Industrial market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.22, which is the sum of squared deviations for the predicted Song Ho price change compared to its average price change.About Song Ho 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 Song Ho Industrial 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 Song Ho Industrial based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Song Ho Industrial price pattern first instead of the macroeconomic environment surrounding Song Ho Industrial. By analyzing Song Ho'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 Song Ho'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 Song Ho specific price patterns or momentum indicators. Please read more on our technical analysis page.
Song Ho December 14, 2024 Technical Indicators
Most technical analysis of Song 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 Song from various momentum indicators to cycle indicators. When you analyze Song 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 | (0.04) | |||
| Market Risk Adjusted Performance | 1.86 | |||
| Mean Deviation | 0.3737 | |||
| Coefficient Of Variation | (2,173) | |||
| Standard Deviation | 0.5094 | |||
| Variance | 0.2595 | |||
| Information Ratio | (0.24) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.1) | |||
| Treynor Ratio | 1.85 | |||
| Maximum Drawdown | 2.36 | |||
| Value At Risk | (0.90) | |||
| Potential Upside | 0.9058 | |||
| Skewness | 0.2872 | |||
| Kurtosis | 0.559 |
Song Ho December 14, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Song stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 25.50 | ||
| Daily Balance Of Power | (1.00) | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 27.40 | ||
| Day Typical Price | 27.38 | ||
| Price Action Indicator | (0.10) |
Additional Tools for Song Stock Analysis
When running Song Ho's price analysis, check to measure Song Ho'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 Song Ho is operating at the current time. Most of Song Ho's value examination focuses on studying past and present price action to predict the probability of Song Ho's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Song Ho's price. Additionally, you may evaluate how the addition of Song Ho to your portfolios can decrease your overall portfolio volatility.