Modular Medical Stock Technical Analysis
| MODD Stock | USD 0.94 0.02 2.08% |
As of the 27th of February, Modular Medical secures the Risk Adjusted Performance of (0.24), mean deviation of 2.43, and Standard Deviation of 3.36. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Modular Medical, as well as the relationship between them. Please verify Modular Medical variance, as well as the relationship between the maximum drawdown and skewness to decide if Modular Medical is priced some-what accurately, providing market reflects its recent price of 0.94 per share. Given that Modular Medical is a hitting penny stock territory we strongly suggest to closely look at its jensen alpha.
Modular Medical Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Modular, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ModularModular |
Modular Medical Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 8.0 | Strong Buy | 1 | Odds |
Most Modular 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 Modular stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Modular Medical, talking to its executives and customers, or listening to Modular conference calls.
Modular Medical 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.
Modular Medical Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. 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 Modular Medical volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Modular Medical Trend Analysis
Use this graph to draw trend lines for Modular Medical. You can use it to identify possible trend reversals for Modular Medical 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 Modular Medical price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Modular Medical Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Modular Medical applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that Modular Medical market price will keep on failing further. It has 122 observation points and a regression sum of squares at 4.63, which is the sum of squared deviations for the predicted Modular Medical price change compared to its average price change.About Modular Medical 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 Modular Medical 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 Modular Medical based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Modular Medical price pattern first instead of the macroeconomic environment surrounding Modular Medical. By analyzing Modular Medical'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 Modular Medical'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 Modular Medical specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2024 | 2025 (projected) | Payables Turnover | 0.86 | 0.55 | Days Of Inventory On Hand | 87.8 | 78.04 |
Modular Medical February 27, 2025 Technical Indicators
Most technical analysis of Modular 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 Modular from various momentum indicators to cycle indicators. When you analyze Modular 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 | (0.24) | |||
| Market Risk Adjusted Performance | 1.66 | |||
| Mean Deviation | 2.43 | |||
| Coefficient Of Variation | (291.52) | |||
| Standard Deviation | 3.36 | |||
| Variance | 11.3 | |||
| Information Ratio | (0.34) | |||
| Jensen Alpha | (1.17) | |||
| Total Risk Alpha | (1.13) | |||
| Treynor Ratio | 1.65 | |||
| Maximum Drawdown | 14.72 | |||
| Value At Risk | (6.80) | |||
| Potential Upside | 4.03 | |||
| Skewness | (0.62) | |||
| Kurtosis | 2.32 |
Complementary Tools for Modular Stock analysis
When running Modular Medical's price analysis, check to measure Modular Medical'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 Modular Medical is operating at the current time. Most of Modular Medical's value examination focuses on studying past and present price action to predict the probability of Modular Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Modular Medical's price. Additionally, you may evaluate how the addition of Modular Medical to your portfolios can decrease your overall portfolio volatility.
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