LK Engineering (Taiwan) Technical Analysis
| 6139 Stock | TWD 231.00 1.00 0.43% |
As of the 3rd of December, LK Engineering owns the Standard Deviation of 2.9, mean deviation of 2.09, and Market Risk Adjusted Performance of (0.18). LK Engineering Co technical analysis lets you operate past data patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Please verify LK Engineering semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation to decide if LK Engineering Co is priced some-what accurately, providing market reflects its prevailing price of 231.0 per share.
LK Engineering Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as 6139, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to 61396139 |
LK Engineering 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.
LK Engineering 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 LK Engineering volatility. High ATR values indicate high volatility, and low values indicate low volatility.
LK Engineering Trend Analysis
Use this graph to draw trend lines for LK Engineering Co. You can use it to identify possible trend reversals for LK Engineering 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 LK Engineering price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.LK Engineering Best Fit Change Line
The following chart estimates an ordinary least squares regression model for LK Engineering Co applied against its price change over selected period. The best fit line has a slop of 0.28 , which means LK Engineering Co will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3030.63, which is the sum of squared deviations for the predicted LK Engineering price change compared to its average price change.About LK Engineering 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 LK Engineering 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 LK Engineering Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on LK Engineering price pattern first instead of the macroeconomic environment surrounding LK Engineering. By analyzing LK Engineering'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 LK Engineering'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 LK Engineering specific price patterns or momentum indicators. Please read more on our technical analysis page.
LK Engineering December 3, 2024 Technical Indicators
Most technical analysis of 6139 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 6139 from various momentum indicators to cycle indicators. When you analyze 6139 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 | 0.0074 | |||
| Market Risk Adjusted Performance | (0.18) | |||
| Mean Deviation | 2.09 | |||
| Semi Deviation | 2.8 | |||
| Downside Deviation | 3.03 | |||
| Coefficient Of Variation | 1130721.63 | |||
| Standard Deviation | 2.9 | |||
| Variance | 8.4 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.44) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.19) | |||
| Maximum Drawdown | 13.6 | |||
| Value At Risk | (4.73) | |||
| Potential Upside | 5.07 | |||
| Downside Variance | 9.18 | |||
| Semi Variance | 7.83 | |||
| Expected Short fall | (2.23) | |||
| Skewness | 0.1186 | |||
| Kurtosis | 1.82 |
Additional Tools for 6139 Stock Analysis
When running LK Engineering's price analysis, check to measure LK Engineering'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 LK Engineering is operating at the current time. Most of LK Engineering's value examination focuses on studying past and present price action to predict the probability of LK Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LK Engineering's price. Additionally, you may evaluate how the addition of LK Engineering to your portfolios can decrease your overall portfolio volatility.