Great Elm Group Stock Technical Analysis
| GEGGL Stock | USD 24.21 0.05 0.21% |
As of the 13th of December 2024, Great Elm retains the Downside Deviation of 1.16, risk adjusted performance of 0.0615, and Market Risk Adjusted Performance of (1.15). Great Elm technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Great Elm Group treynor ratio, and the relationship between the standard deviation and downside variance to decide if Great Elm is priced fairly, providing market reflects its last-minute price of 24.21 per share. Given that Great Elm Group has jensen alpha of 0.0835, we strongly advise you to confirm Great Elm Group's regular market performance to make sure the company can sustain itself at a future point.
Great Elm Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Great, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GreatGreat |
Great Elm 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.
Great Elm Group 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 Great Elm Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Great Elm Group Trend Analysis
Use this graph to draw trend lines for Great Elm Group. You can use it to identify possible trend reversals for Great Elm 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 Great Elm price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Great Elm Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Great Elm Group applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Great Elm Group will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1.96, which is the sum of squared deviations for the predicted Great Elm price change compared to its average price change.About Great Elm 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 Great Elm Group 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 Great Elm Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Great Elm Group price pattern first instead of the macroeconomic environment surrounding Great Elm Group. By analyzing Great Elm'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 Great Elm'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 Great Elm specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2023 | 2024 (projected) | Dividend Yield | 5.48E-4 | 6.3E-4 | 5.99E-4 | Price To Sales Ratio | 141.45 | 35.26 | 33.49 |
Great Elm December 13, 2024 Technical Indicators
Most technical analysis of Great 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 Great from various momentum indicators to cycle indicators. When you analyze Great 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 | 0.0615 | |||
| Market Risk Adjusted Performance | (1.15) | |||
| Mean Deviation | 0.7393 | |||
| Semi Deviation | 0.727 | |||
| Downside Deviation | 1.16 | |||
| Coefficient Of Variation | 1248.38 | |||
| Standard Deviation | 1.08 | |||
| Variance | 1.17 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | 0.0835 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (1.16) | |||
| Maximum Drawdown | 5.96 | |||
| Value At Risk | (1.80) | |||
| Potential Upside | 2.09 | |||
| Downside Variance | 1.35 | |||
| Semi Variance | 0.5285 | |||
| Expected Short fall | (1.15) | |||
| Skewness | 0.5523 | |||
| Kurtosis | 1.31 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Great Elm Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Great Elm. If investors know Great will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Great Elm listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Great Elm Group is measured differently than its book value, which is the value of Great that is recorded on the company's balance sheet. Investors also form their own opinion of Great Elm's value that differs from its market value or its book value, called intrinsic value, which is Great Elm's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Great Elm's market value can be influenced by many factors that don't directly affect Great Elm's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Great Elm's value and its price as these two are different measures arrived at by different means. Investors typically determine if Great Elm is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Great Elm's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.