Disc Medicine Stock Technical Analysis
| IRON Stock | 64.55 1.90 3.03% |
As of the 28th of November, Disc Medicine shows the Downside Deviation of 2.74, coefficient of variation of 860.49, and Mean Deviation of 2.52. Disc Medicine 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.
Disc Medicine Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Disc, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DiscDisc |
Disc Medicine Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 67.11 | Strong Buy | 12 | Odds |
Most Disc 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 Disc stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Disc Medicine, talking to its executives and customers, or listening to Disc conference calls.
Disc Medicine 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.
Disc Medicine Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Disc Medicine volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Disc Medicine Trend Analysis
Use this graph to draw trend lines for Disc Medicine. You can use it to identify possible trend reversals for Disc Medicine 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 Disc Medicine price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Disc Medicine Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Disc Medicine applied against its price change over selected period. The best fit line has a slop of 0.29 , which means Disc Medicine will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3114.15, which is the sum of squared deviations for the predicted Disc Medicine price change compared to its average price change.About Disc Medicine 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 Disc Medicine 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 Disc Medicine based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Disc Medicine price pattern first instead of the macroeconomic environment surrounding Disc Medicine. By analyzing Disc Medicine'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 Disc Medicine'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 Disc Medicine specific price patterns or momentum indicators. Please read more on our technical analysis page.
Disc Medicine November 28, 2024 Technical Indicators
Most technical analysis of Disc 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 Disc from various momentum indicators to cycle indicators. When you analyze Disc 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 | 0.0972 | |||
| Market Risk Adjusted Performance | 0.5732 | |||
| Mean Deviation | 2.52 | |||
| Semi Deviation | 2.27 | |||
| Downside Deviation | 2.74 | |||
| Coefficient Of Variation | 860.49 | |||
| Standard Deviation | 4.17 | |||
| Variance | 17.35 | |||
| Information Ratio | 0.0861 | |||
| Jensen Alpha | 0.377 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.1307 | |||
| Treynor Ratio | 0.5632 | |||
| Maximum Drawdown | 28.57 | |||
| Value At Risk | (4.25) | |||
| Potential Upside | 5.21 | |||
| Downside Variance | 7.53 | |||
| Semi Variance | 5.17 | |||
| Expected Short fall | (2.86) | |||
| Skewness | 2.85 | |||
| Kurtosis | 14.29 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Disc Medicine. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Disc Stock, please use our How to Invest in Disc Medicine guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Biotechnology 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 Disc Medicine. If investors know Disc 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 Disc Medicine listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.95) | Return On Assets (0.18) | Return On Equity (0.25) |
The market value of Disc Medicine is measured differently than its book value, which is the value of Disc that is recorded on the company's balance sheet. Investors also form their own opinion of Disc Medicine's value that differs from its market value or its book value, called intrinsic value, which is Disc Medicine'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 Disc Medicine's market value can be influenced by many factors that don't directly affect Disc Medicine'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 Disc Medicine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Disc Medicine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Disc Medicine'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.