Poet Technologies Stock Technical Analysis
| POET Stock | USD 4.76 0.05 1.04% |
As of the 22nd of December, POET Technologies holds the Semi Deviation of 3.39, risk adjusted performance of 0.1029, and Mean Deviation of 4.82. Concerning fundamental indicators, the technical analysis model allows you to check practical technical drivers of POET Technologies, as well as the relationship between them.
POET Technologies Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as POET, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to POETPOET |
POET Technologies Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 10.62 | Strong Buy | 2 | Odds |
Most POET 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 POET stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of POET Technologies, talking to its executives and customers, or listening to POET conference calls.
POET Technologies 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.
POET Technologies 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 POET Technologies volatility. High ATR values indicate high volatility, and low values indicate low volatility.
POET Technologies Trend Analysis
Use this graph to draw trend lines for POET Technologies. You can use it to identify possible trend reversals for POET Technologies 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 POET Technologies price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.POET Technologies Best Fit Change Line
The following chart estimates an ordinary least squares regression model for POET Technologies applied against its price change over selected period. The best fit line has a slop of 0.01 , which means POET Technologies will continue generating value for investors. It has 122 observation points and a regression sum of squares at 7.48, which is the sum of squared deviations for the predicted POET Technologies price change compared to its average price change.About POET Technologies 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 POET Technologies 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 POET Technologies based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on POET Technologies price pattern first instead of the macroeconomic environment surrounding POET Technologies. By analyzing POET Technologies'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 POET Technologies'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 POET Technologies specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2023 | 2024 (projected) | Days Sales Outstanding | 41.48 | 44.82 | 83.82 | PTB Ratio | 9.82 | 7.61 | 7.23 |
POET Technologies December 22, 2024 Technical Indicators
Most technical analysis of POET 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 POET from various momentum indicators to cycle indicators. When you analyze POET 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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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1029 | |||
| Market Risk Adjusted Performance | 1.7 | |||
| Mean Deviation | 4.82 | |||
| Semi Deviation | 3.39 | |||
| Downside Deviation | 3.69 | |||
| Coefficient Of Variation | 843.18 | |||
| Standard Deviation | 7.29 | |||
| Variance | 53.12 | |||
| Information Ratio | 0.1142 | |||
| Jensen Alpha | 0.8432 | |||
| Total Risk Alpha | 0.6503 | |||
| Sortino Ratio | 0.2255 | |||
| Treynor Ratio | 1.69 | |||
| Maximum Drawdown | 49.69 | |||
| Value At Risk | (5.94) | |||
| Potential Upside | 12.2 | |||
| Downside Variance | 13.62 | |||
| Semi Variance | 11.47 | |||
| Expected Short fall | (7.76) | |||
| Skewness | 2.85 | |||
| Kurtosis | 12.39 |
Additional Tools for POET Stock Analysis
When running POET Technologies' price analysis, check to measure POET Technologies' 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 POET Technologies is operating at the current time. Most of POET Technologies' value examination focuses on studying past and present price action to predict the probability of POET Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move POET Technologies' price. Additionally, you may evaluate how the addition of POET Technologies to your portfolios can decrease your overall portfolio volatility.