Dirtt Environmental Solutions Stock Technical Analysis
| DRT Stock | CAD 1.01 0.02 1.94% |
As of the 2nd of December, DIRTT Environmental shows the Mean Deviation of 3.09, downside deviation of 3.66, and Market Risk Adjusted Performance of 2.04. DIRTT Environmental technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.
DIRTT Environmental Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as DIRTT, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DIRTTDIRTT |
DIRTT Environmental 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.
DIRTT Environmental Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-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 DIRTT Environmental volatility. High ATR values indicate high volatility, and low values indicate low volatility.
DIRTT Environmental Trend Analysis
Use this graph to draw trend lines for DIRTT Environmental Solutions. You can use it to identify possible trend reversals for DIRTT Environmental 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 DIRTT Environmental price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.DIRTT Environmental Best Fit Change Line
The following chart estimates an ordinary least squares regression model for DIRTT Environmental Solutions applied against its price change over selected period. The best fit line has a slop of 0.01 , which means DIRTT Environmental Solutions will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1.12, which is the sum of squared deviations for the predicted DIRTT Environmental price change compared to its average price change.About DIRTT Environmental 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 DIRTT Environmental Solutions 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 DIRTT Environmental Solutions based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on DIRTT Environmental price pattern first instead of the macroeconomic environment surrounding DIRTT Environmental. By analyzing DIRTT Environmental'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 DIRTT Environmental'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 DIRTT Environmental specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 43.38 | 46.24 | 32.64 | 46.11 | PTB Ratio | 2.4 | 2.18 | 5.2 | 5.46 |
DIRTT Environmental December 2, 2024 Technical Indicators
Most technical analysis of DIRTT 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 DIRTT from various momentum indicators to cycle indicators. When you analyze DIRTT 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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| Volume Indicators |
| Risk Adjusted Performance | 0.1224 | |||
| Market Risk Adjusted Performance | 2.04 | |||
| Mean Deviation | 3.09 | |||
| Semi Deviation | 2.91 | |||
| Downside Deviation | 3.66 | |||
| Coefficient Of Variation | 670.29 | |||
| Standard Deviation | 4.53 | |||
| Variance | 20.55 | |||
| Information Ratio | 0.1188 | |||
| Jensen Alpha | 0.6246 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.1473 | |||
| Treynor Ratio | 2.03 | |||
| Maximum Drawdown | 31.48 | |||
| Value At Risk | (4.35) | |||
| Potential Upside | 7.87 | |||
| Downside Variance | 13.38 | |||
| Semi Variance | 8.46 | |||
| Expected Short fall | (4.46) | |||
| Skewness | 1.28 | |||
| Kurtosis | 4.79 |
Other Information on Investing in DIRTT Stock
DIRTT Environmental financial ratios help investors to determine whether DIRTT Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in DIRTT with respect to the benefits of owning DIRTT Environmental security.