Richardson Electronics Stock Technical Analysis
| RELL Stock | USD 14.08 0.21 1.47% |
As of the 1st of December, Richardson Electronics holds the Semi Deviation of 1.28, coefficient of variation of 667.69, and Risk Adjusted Performance of 0.1205. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Richardson Electronics, as well as the relationship between them. Please check Richardson Electronics variance, as well as the relationship between the value at risk and skewness to decide if Richardson Electronics is priced some-what accurately, providing market reflects its current price of 14.08 per share. Given that Richardson Electronics has jensen alpha of 0.142, we recommend you to check out Richardson Electronics's recent market performance to make sure the company can sustain itself at a future point.
Richardson Electronics Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Richardson, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RichardsonRichardson |
Richardson Electronics Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 26.0 | Strong Buy | 1 | Odds |
Most Richardson 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 Richardson stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Richardson Electronics, talking to its executives and customers, or listening to Richardson conference calls.
Richardson Electronics 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.
Richardson Electronics Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-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 Richardson Electronics volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Richardson Electronics Trend Analysis
Use this graph to draw trend lines for Richardson Electronics. You can use it to identify possible trend reversals for Richardson Electronics 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 Richardson Electronics price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Richardson Electronics Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Richardson Electronics applied against its price change over selected period. The best fit line has a slop of 0.05 , which means Richardson Electronics will continue generating value for investors. It has 122 observation points and a regression sum of squares at 112.53, which is the sum of squared deviations for the predicted Richardson Electronics price change compared to its average price change.About Richardson Electronics 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 Richardson Electronics 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 Richardson Electronics based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Richardson Electronics price pattern first instead of the macroeconomic environment surrounding Richardson Electronics. By analyzing Richardson Electronics'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 Richardson Electronics'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 Richardson Electronics specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2010 | 2013 | 2019 | 2024 (projected) | Dividend Yield | 0.0196 | 0.0472 | 0.0211 | 0.0232 | Price To Sales Ratio | 1.29 | 0.39 | 0.81 | 1.05 |
Richardson Electronics December 1, 2024 Technical Indicators
Most technical analysis of Richardson 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 Richardson from various momentum indicators to cycle indicators. When you analyze Richardson 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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| Risk Adjusted Performance | 0.1205 | |||
| Market Risk Adjusted Performance | 0.2689 | |||
| Mean Deviation | 1.43 | |||
| Semi Deviation | 1.28 | |||
| Downside Deviation | 1.48 | |||
| Coefficient Of Variation | 667.69 | |||
| Standard Deviation | 1.94 | |||
| Variance | 3.75 | |||
| Information Ratio | 0.0787 | |||
| Jensen Alpha | 0.142 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.1028 | |||
| Treynor Ratio | 0.2589 | |||
| Maximum Drawdown | 11.38 | |||
| Value At Risk | (1.91) | |||
| Potential Upside | 3.38 | |||
| Downside Variance | 2.2 | |||
| Semi Variance | 1.64 | |||
| Expected Short fall | (1.67) | |||
| Skewness | 1.23 | |||
| Kurtosis | 3.33 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Richardson Electronics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Richardson Stock please use our How to buy in Richardson Stock guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Electronic Equipment, Instruments & Components 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 Richardson Electronics. If investors know Richardson 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 Richardson Electronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.52) | Dividend Share 0.24 | Earnings Share (0.05) | Revenue Per Share 13.846 | Quarterly Revenue Growth 0.022 |
The market value of Richardson Electronics is measured differently than its book value, which is the value of Richardson that is recorded on the company's balance sheet. Investors also form their own opinion of Richardson Electronics' value that differs from its market value or its book value, called intrinsic value, which is Richardson Electronics' 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 Richardson Electronics' market value can be influenced by many factors that don't directly affect Richardson Electronics' 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 Richardson Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Richardson Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Richardson Electronics' 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.