Abvc Biopharma Stock Technical Analysis
| ABVC Stock | USD 0.53 0.02 3.92% |
As of the 2nd of December, ABVC Biopharma shows the Variance of 33.36, market risk adjusted performance of 0.3747, and Mean Deviation of 3.76. ABVC Biopharma 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 entity's future prices.
ABVC Biopharma Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ABVC, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ABVCABVC |
ABVC Biopharma Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 2.02 | Hold | 1 | Odds |
Most ABVC analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand ABVC stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of ABVC Biopharma, talking to its executives and customers, or listening to ABVC conference calls.
ABVC Biopharma 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.
ABVC Biopharma Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 ABVC Biopharma volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ABVC Biopharma Trend Analysis
Use this graph to draw trend lines for ABVC Biopharma. You can use it to identify possible trend reversals for ABVC Biopharma 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 ABVC Biopharma price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ABVC Biopharma Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ABVC Biopharma applied against its price change over selected period. The best fit line has a slop of 0.0026 , which may suggest that ABVC Biopharma market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.25, which is the sum of squared deviations for the predicted ABVC Biopharma price change compared to its average price change.About ABVC Biopharma 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 ABVC Biopharma 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 ABVC Biopharma based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ABVC Biopharma price pattern first instead of the macroeconomic environment surrounding ABVC Biopharma. By analyzing ABVC Biopharma'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 ABVC Biopharma'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 ABVC Biopharma specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Graham Number | 19.53 | 10.65 | 10.28 | 9.76 | Receivables Turnover | 0.21 | 0.71 | 0.2 | 0.19 |
ABVC Biopharma December 2, 2024 Technical Indicators
Most technical analysis of ABVC 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 ABVC from various momentum indicators to cycle indicators. When you analyze ABVC 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 | (0.02) | |||
| Market Risk Adjusted Performance | 0.3747 | |||
| Mean Deviation | 3.76 | |||
| Coefficient Of Variation | (2,380) | |||
| Standard Deviation | 5.78 | |||
| Variance | 33.36 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (1.22) | |||
| Treynor Ratio | 0.3647 | |||
| Maximum Drawdown | 35.84 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 7.25 | |||
| Skewness | 1.71 | |||
| Kurtosis | 7.2 |
Complementary Tools for ABVC Stock analysis
When running ABVC Biopharma's price analysis, check to measure ABVC Biopharma'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 ABVC Biopharma is operating at the current time. Most of ABVC Biopharma's value examination focuses on studying past and present price action to predict the probability of ABVC Biopharma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ABVC Biopharma's price. Additionally, you may evaluate how the addition of ABVC Biopharma to your portfolios can decrease your overall portfolio volatility.
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