Royce Micro Cap Stock Technical Analysis
RMT Stock | USD 10.23 0.01 0.1% |
As of the 29th of November, Royce Micro holds the Risk Adjusted Performance of 0.0656, coefficient of variation of 1244.14, and Semi Deviation of 1.05. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Royce Micro, as well as the relationship between them.
Royce Micro Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Royce, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RoyceRoyce |
Royce Micro 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.
Royce Micro Cap Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Royce Micro Cap volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Royce Micro Cap Trend Analysis
Use this graph to draw trend lines for Royce Micro Cap. You can use it to identify possible trend reversals for Royce Micro 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 Royce Micro price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Royce Micro Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Royce Micro Cap applied against its price change over selected period. The best fit line has a slop of 0.01 , which may imply that Royce Micro Cap will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 8.02, which is the sum of squared deviations for the predicted Royce Micro price change compared to its average price change.About Royce Micro 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 Royce Micro Cap 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 Royce Micro Cap based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Royce Micro Cap price pattern first instead of the macroeconomic environment surrounding Royce Micro Cap. By analyzing Royce Micro'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 Royce Micro'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 Royce Micro specific price patterns or momentum indicators. Please read more on our technical analysis page.
2023 | 2024 (projected) | Payables Turnover | 11.19 | 10.63 | Days Of Inventory On Hand | 4.9E-5 | 4.3E-5 |
Royce Micro November 29, 2024 Technical Indicators
Most technical analysis of Royce 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 Royce from various momentum indicators to cycle indicators. When you analyze Royce 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 | 0.0656 | |||
Market Risk Adjusted Performance | 0.0778 | |||
Mean Deviation | 0.9621 | |||
Semi Deviation | 1.05 | |||
Downside Deviation | 1.16 | |||
Coefficient Of Variation | 1244.14 | |||
Standard Deviation | 1.28 | |||
Variance | 1.64 | |||
Information Ratio | (0.02) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.1) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | 0.0678 | |||
Maximum Drawdown | 6.83 | |||
Value At Risk | (1.81) | |||
Potential Upside | 2.07 | |||
Downside Variance | 1.34 | |||
Semi Variance | 1.11 | |||
Expected Short fall | (1.09) | |||
Skewness | 0.6418 | |||
Kurtosis | 2.54 |
Additional Tools for Royce Stock Analysis
When running Royce Micro's price analysis, check to measure Royce Micro'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 Royce Micro is operating at the current time. Most of Royce Micro's value examination focuses on studying past and present price action to predict the probability of Royce Micro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Royce Micro's price. Additionally, you may evaluate how the addition of Royce Micro to your portfolios can decrease your overall portfolio volatility.