Sugarmade Stock Technical Analysis
| SGMD Stock | USD 0.0001 0.00 0.00% |
As of the 28th of December, Sugarmade has the Variance of 192.16, coefficient of variation of (649.58), and Risk Adjusted Performance of (0.11). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sugarmade, as well as the relationship between them. Please validate Sugarmade standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and kurtosis to decide if Sugarmade is priced more or less accurately, providing market reflects its prevalent price of 1.0E-4 per share. As Sugarmade appears to be a penny stock we also recommend to double-check its jensen alpha numbers.
Sugarmade Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Sugarmade, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SugarmadeSugarmade |
Sugarmade 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.
Sugarmade 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 Sugarmade volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Sugarmade Trend Analysis
Use this graph to draw trend lines for Sugarmade. You can use it to identify possible trend reversals for Sugarmade 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 Sugarmade price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Sugarmade Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Sugarmade applied against its price change over selected period. The best fit line has a slop of 0.0001 , which may suggest that Sugarmade market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Sugarmade price change compared to its average price change.About Sugarmade 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 Sugarmade 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 Sugarmade based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Sugarmade price pattern first instead of the macroeconomic environment surrounding Sugarmade. By analyzing Sugarmade'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 Sugarmade'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 Sugarmade specific price patterns or momentum indicators. Please read more on our technical analysis page.
Sugarmade December 28, 2024 Technical Indicators
Most technical analysis of Sugarmade 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 Sugarmade from various momentum indicators to cycle indicators. When you analyze Sugarmade 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 | (0.11) | |||
| Market Risk Adjusted Performance | 7.88 | |||
| Mean Deviation | 6.42 | |||
| Coefficient Of Variation | (649.58) | |||
| Standard Deviation | 13.86 | |||
| Variance | 192.16 | |||
| Information Ratio | (0.16) | |||
| Jensen Alpha | (2.14) | |||
| Total Risk Alpha | (2.53) | |||
| Treynor Ratio | 7.87 | |||
| Maximum Drawdown | 113.33 | |||
| Value At Risk | (16.67) | |||
| Potential Upside | 10.0 | |||
| Skewness | (4.52) | |||
| Kurtosis | 29.21 |
Complementary Tools for Sugarmade Pink Sheet analysis
When running Sugarmade's price analysis, check to measure Sugarmade'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 Sugarmade is operating at the current time. Most of Sugarmade's value examination focuses on studying past and present price action to predict the probability of Sugarmade's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sugarmade's price. Additionally, you may evaluate how the addition of Sugarmade to your portfolios can decrease your overall portfolio volatility.
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