8x8 Common Stock Stock Technical Analysis
| EGHT Stock | USD 3.10 0.04 1.27% |
As of the 1st of December, 8x8 Common owns the Standard Deviation of 3.86, market risk adjusted performance of 0.4573, and Coefficient Of Variation of 459.48. 8x8 Common Stock technical analysis gives you the methodology to make use of past data patterns to determine a pattern that approximates the direction of the firm's future prices.
8x8 Common Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as 8x8, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to 8x88x8 |
8x8 Common Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 4.55 | Buy | 11 | Odds |
Most 8x8 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 8x8 stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of 8x8 Common Stock, talking to its executives and customers, or listening to 8x8 conference calls.
8x8 Common 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.
8x8 Common Stock Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 8x8 Common Stock volatility. High ATR values indicate high volatility, and low values indicate low volatility.
8x8 Common Stock Trend Analysis
Use this graph to draw trend lines for 8x8 Common Stock. You can use it to identify possible trend reversals for 8x8 Common 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 8x8 Common price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.8x8 Common Best Fit Change Line
The following chart estimates an ordinary least squares regression model for 8x8 Common Stock applied against its price change over selected period. The best fit line has a slop of 0.02 , which means 8x8 Common Stock will continue generating value for investors. It has 122 observation points and a regression sum of squares at 20.82, which is the sum of squared deviations for the predicted 8x8 Common price change compared to its average price change.About 8x8 Common 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 8x8 Common Stock 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 8x8 Common Stock based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on 8x8 Common Stock price pattern first instead of the macroeconomic environment surrounding 8x8 Common Stock. By analyzing 8x8 Common'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 8x8 Common'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 8x8 Common specific price patterns or momentum indicators. Please read more on our technical analysis page.
8x8 Common December 1, 2024 Technical Indicators
Most technical analysis of 8x8 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 8x8 from various momentum indicators to cycle indicators. When you analyze 8x8 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 | 0.1744 | |||
| Market Risk Adjusted Performance | 0.4573 | |||
| Mean Deviation | 2.64 | |||
| Semi Deviation | 2.53 | |||
| Downside Deviation | 3.22 | |||
| Coefficient Of Variation | 459.48 | |||
| Standard Deviation | 3.86 | |||
| Variance | 14.88 | |||
| Information Ratio | 0.182 | |||
| Jensen Alpha | 0.5929 | |||
| Total Risk Alpha | 0.1856 | |||
| Sortino Ratio | 0.2179 | |||
| Treynor Ratio | 0.4473 | |||
| Maximum Drawdown | 22.23 | |||
| Value At Risk | (5.39) | |||
| Potential Upside | 5.58 | |||
| Downside Variance | 10.38 | |||
| Semi Variance | 6.4 | |||
| Expected Short fall | (3.27) | |||
| Skewness | 1.26 | |||
| Kurtosis | 6.4 |
Additional Tools for 8x8 Stock Analysis
When running 8x8 Common's price analysis, check to measure 8x8 Common'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 8x8 Common is operating at the current time. Most of 8x8 Common's value examination focuses on studying past and present price action to predict the probability of 8x8 Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 8x8 Common's price. Additionally, you may evaluate how the addition of 8x8 Common to your portfolios can decrease your overall portfolio volatility.