Intchains Group Limited Stock Technical Analysis
ICG Stock | 4.97 0.06 1.19% |
As of the 11th of December 2024, Intchains Group retains the Standard Deviation of 7.44, insignificant risk adjusted performance, and Market Risk Adjusted Performance of (0.78). Intchains Group 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 Intchains Group information ratio, and the relationship between the coefficient of variation and value at risk to decide if Intchains Group is priced fairly, providing market reflects its last-minute price of 4.97 per share. Given that Intchains Group Limited has information ratio of (0.03), we strongly advise you to confirm Intchains Group's regular market performance to make sure the company can sustain itself at a future point.
Intchains Group Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Intchains, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to IntchainsIntchains |
Intchains Group Analyst Consensus
Target Price | Advice | # of Analysts | |
10.0 | Strong Buy | 1 | Odds |
Most Intchains 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 Intchains stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Intchains Group, talking to its executives and customers, or listening to Intchains conference calls.
Intchains Group 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.
Intchains Group 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 Intchains Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Intchains Group Trend Analysis
Use this graph to draw trend lines for Intchains Group Limited. You can use it to identify possible trend reversals for Intchains Group 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 Intchains Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Intchains Group Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Intchains Group Limited applied against its price change over selected period. The best fit line has a slop of 0.04 , which may imply that the returns on investment in Intchains Group Limited will continue to fail. It has 122 observation points and a regression sum of squares at 67.11, which is the sum of squared deviations for the predicted Intchains Group price change compared to its average price change.About Intchains Group 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 Intchains Group Limited 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 Intchains Group Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Intchains Group price pattern first instead of the macroeconomic environment surrounding Intchains Group. By analyzing Intchains Group'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 Intchains Group'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 Intchains Group specific price patterns or momentum indicators. Please read more on our technical analysis page.
2023 | 2024 (projected) | Dividend Yield | 0.003121 | 0.002774 | Price To Sales Ratio | 63.74 | 49.46 |
Intchains Group December 11, 2024 Technical Indicators
Most technical analysis of Intchains 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 Intchains from various momentum indicators to cycle indicators. When you analyze Intchains 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) | |||
Market Risk Adjusted Performance | (0.78) | |||
Mean Deviation | 3.75 | |||
Coefficient Of Variation | (5,972) | |||
Standard Deviation | 7.44 | |||
Variance | 55.37 | |||
Information Ratio | (0.03) | |||
Jensen Alpha | (0.15) | |||
Total Risk Alpha | (1.31) | |||
Treynor Ratio | (0.79) | |||
Maximum Drawdown | 61.05 | |||
Value At Risk | (5.89) | |||
Potential Upside | 9.69 | |||
Skewness | (2.90) | |||
Kurtosis | 18.95 |
Intchains Group December 11, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Intchains stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 6,302 | ||
Daily Balance Of Power | (0.09) | ||
Rate Of Daily Change | 0.99 | ||
Day Median Price | 4.98 | ||
Day Typical Price | 4.98 | ||
Price Action Indicator | (0.04) |
Complementary Tools for Intchains Stock analysis
When running Intchains Group's price analysis, check to measure Intchains Group'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 Intchains Group is operating at the current time. Most of Intchains Group's value examination focuses on studying past and present price action to predict the probability of Intchains Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Intchains Group's price. Additionally, you may evaluate how the addition of Intchains Group to your portfolios can decrease your overall portfolio volatility.
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