Micropac Industries Stock Technical Analysis
| MPAD Stock | USD 19.81 0.01 0.05% |
As of the 1st of December, Micropac Industries secures the Downside Deviation of 3.18, mean deviation of 1.46, and Risk Adjusted Performance of 0.1142. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Micropac Industries, as well as the relationship between them. Please verify Micropac Industries coefficient of variation, maximum drawdown, skewness, as well as the relationship between the information ratio and downside variance to decide if Micropac Industries is priced some-what accurately, providing market reflects its recent price of 19.81 per share. Given that Micropac Industries has jensen alpha of 0.5597, we recommend you to check Micropac Industries's last-minute market performance to make sure the company can sustain itself at a future point.
Micropac Industries Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Micropac, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MicropacMicropac |
Micropac Industries technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Micropac Industries 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 Micropac Industries volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Micropac Industries Trend Analysis
Use this graph to draw trend lines for Micropac Industries. You can use it to identify possible trend reversals for Micropac Industries 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 Micropac Industries price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Micropac Industries Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Micropac Industries applied against its price change over selected period. The best fit line has a slop of 0.13 , which means Micropac Industries will continue generating value for investors. It has 122 observation points and a regression sum of squares at 652.23, which is the sum of squared deviations for the predicted Micropac Industries price change compared to its average price change.About Micropac Industries 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 Micropac Industries 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 Micropac Industries based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Micropac Industries price pattern first instead of the macroeconomic environment surrounding Micropac Industries. By analyzing Micropac Industries'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 Micropac Industries'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 Micropac Industries specific price patterns or momentum indicators. Please read more on our technical analysis page.
Micropac Industries December 1, 2024 Technical Indicators
Most technical analysis of Micropac 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 Micropac from various momentum indicators to cycle indicators. When you analyze Micropac 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.
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| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1142 | |||
| Market Risk Adjusted Performance | (0.99) | |||
| Mean Deviation | 1.46 | |||
| Semi Deviation | 1.15 | |||
| Downside Deviation | 3.18 | |||
| Coefficient Of Variation | 718.89 | |||
| Standard Deviation | 3.64 | |||
| Variance | 13.26 | |||
| Information Ratio | 0.1013 | |||
| Jensen Alpha | 0.5597 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.116 | |||
| Treynor Ratio | (1.00) | |||
| Maximum Drawdown | 25.86 | |||
| Value At Risk | (1.78) | |||
| Potential Upside | 4.48 | |||
| Downside Variance | 10.11 | |||
| Semi Variance | 1.33 | |||
| Expected Short fall | (3.21) | |||
| Skewness | 4.94 | |||
| Kurtosis | 34.21 |
Complementary Tools for Micropac Pink Sheet analysis
When running Micropac Industries' price analysis, check to measure Micropac Industries' 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 Micropac Industries is operating at the current time. Most of Micropac Industries' value examination focuses on studying past and present price action to predict the probability of Micropac Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Micropac Industries' price. Additionally, you may evaluate how the addition of Micropac Industries to your portfolios can decrease your overall portfolio volatility.
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