Scientific Industries Stock Technical Analysis
| SCND Stock | USD 0.90 0.05 5.26% |
As of the 28th of December, Scientific Industries has the Coefficient Of Variation of (6,851), insignificant risk adjusted performance, and Variance of 59.64. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Scientific Industries, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Scientific Industries, which can be compared to its competition. Please validate Scientific Industries variance and value at risk to decide if Scientific Industries is priced more or less accurately, providing market reflects its prevalent price of 0.9 per share. Given that Scientific Industries is a hitting penny stock territory we recommend to closely look at its jensen alpha.
Scientific 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 Scientific, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ScientificScientific |
Scientific Industries technical otc 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, otc market cycles, or different charting patterns.
Scientific 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 Scientific Industries volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Scientific Industries Trend Analysis
Use this graph to draw trend lines for Scientific Industries. You can use it to identify possible trend reversals for Scientific 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 Scientific Industries price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Scientific Industries Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Scientific Industries applied against its price change over selected period. The best fit line has a slop of 0.0044 , which may suggest that Scientific Industries market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.73, which is the sum of squared deviations for the predicted Scientific Industries price change compared to its average price change.About Scientific 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 Scientific 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 Scientific Industries based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Scientific Industries price pattern first instead of the macroeconomic environment surrounding Scientific Industries. By analyzing Scientific 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 Scientific 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 Scientific Industries specific price patterns or momentum indicators. Please read more on our technical analysis page.
Scientific Industries December 28, 2024 Technical Indicators
Most technical analysis of Scientific 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 Scientific from various momentum indicators to cycle indicators. When you analyze Scientific 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) | |||
| Market Risk Adjusted Performance | 0.4315 | |||
| Mean Deviation | 4.12 | |||
| Coefficient Of Variation | (6,851) | |||
| Standard Deviation | 7.72 | |||
| Variance | 59.64 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | 0.4215 | |||
| Maximum Drawdown | 45.9 | |||
| Value At Risk | (10.08) | |||
| Potential Upside | 10.29 | |||
| Skewness | 1.19 | |||
| Kurtosis | 8.14 |
Complementary Tools for Scientific OTC Stock analysis
When running Scientific Industries' price analysis, check to measure Scientific 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 Scientific Industries is operating at the current time. Most of Scientific Industries' value examination focuses on studying past and present price action to predict the probability of Scientific Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scientific Industries' price. Additionally, you may evaluate how the addition of Scientific Industries to your portfolios can decrease your overall portfolio volatility.
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Stocks Directory Find actively traded stocks across global markets | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |