Tnl Mediagene Ordinary Stock Technical Analysis
TNMG Stock | 3.54 0.09 2.61% |
As of the 23rd of January, TNL Mediagene has the risk adjusted performance of (0.08), and Variance of 129.13. In connection with fundamental indicators, the technical analysis model makes it possible for you to check practical technical drivers of TNL Mediagene Ordinary, as well as the relationship between them. Please validate TNL Mediagene Ordinary information ratio and skewness to decide if TNL Mediagene is priced adequately, providing market reflects its prevalent price of 3.54 per share. Given that TNL Mediagene Ordinary has information ratio of (0.11), we advise you to double-check TNL Mediagene Ordinary's current market performance to make sure the company can sustain itself at some point in the future.
TNL Mediagene Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as TNL, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TNLTNL |
TNL Mediagene 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.
TNL Mediagene Ordinary 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 TNL Mediagene Ordinary volatility. High ATR values indicate high volatility, and low values indicate low volatility.
TNL Mediagene Ordinary Trend Analysis
Use this graph to draw trend lines for TNL Mediagene Ordinary. You can use it to identify possible trend reversals for TNL Mediagene 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 TNL Mediagene price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.TNL Mediagene Best Fit Change Line
The following chart estimates an ordinary least squares regression model for TNL Mediagene Ordinary applied against its price change over selected period. The best fit line has a slop of 0.14 , which may suggest that TNL Mediagene Ordinary market price will keep on failing further. It has 122 observation points and a regression sum of squares at 758.87, which is the sum of squared deviations for the predicted TNL Mediagene price change compared to its average price change.About TNL Mediagene 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 TNL Mediagene Ordinary 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 TNL Mediagene Ordinary based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on TNL Mediagene Ordinary price pattern first instead of the macroeconomic environment surrounding TNL Mediagene Ordinary. By analyzing TNL Mediagene'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 TNL Mediagene'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 TNL Mediagene specific price patterns or momentum indicators. Please read more on our technical analysis page.
TNL Mediagene January 23, 2025 Technical Indicators
Most technical analysis of TNL 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 TNL from various momentum indicators to cycle indicators. When you analyze TNL 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 | (0.08) | |||
Market Risk Adjusted Performance | 0.9671 | |||
Mean Deviation | 6.62 | |||
Coefficient Of Variation | (950.12) | |||
Standard Deviation | 11.36 | |||
Variance | 129.13 | |||
Information Ratio | (0.11) | |||
Jensen Alpha | (1.17) | |||
Total Risk Alpha | (1.55) | |||
Treynor Ratio | 0.9571 | |||
Maximum Drawdown | 78.58 | |||
Value At Risk | (17.74) | |||
Potential Upside | 13.14 | |||
Skewness | 2.36 | |||
Kurtosis | 11.58 |
Complementary Tools for TNL Stock analysis
When running TNL Mediagene's price analysis, check to measure TNL Mediagene'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 TNL Mediagene is operating at the current time. Most of TNL Mediagene's value examination focuses on studying past and present price action to predict the probability of TNL Mediagene's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TNL Mediagene's price. Additionally, you may evaluate how the addition of TNL Mediagene to your portfolios can decrease your overall portfolio volatility.
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