Top Ships Stock Technical Analysis
| TOPS Stock | USD 6.13 0.02 0.33% |
As of the 22nd of March, TOP Ships has the variance of 6.66, and Risk Adjusted Performance of (0). Compared to fundamental indicators, the technical analysis model makes it possible for you to check available technical drivers of TOP Ships, as well as the relationship between them. Please validate TOP Ships risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and kurtosis to decide if TOP Ships is priced fairly, providing market reflects its prevalent price of 6.13 per share. Given that TOP Ships has information ratio of 0.0139, we advise you to double-check TOP Ships's current market performance to make sure the company can sustain itself next year.
TOP Ships Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as TOP, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TOPTOP |
TOP Ships Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 29.0 | Buy | 1 | Odds |
Most TOP 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 TOP stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of TOP Ships, talking to its executives and customers, or listening to TOP conference calls.
TOP Ships 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.
TOP Ships 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 TOP Ships volatility. High ATR values indicate high volatility, and low values indicate low volatility.
TOP Ships Trend Analysis
Use this graph to draw trend lines for TOP Ships. You can use it to identify possible trend reversals for TOP Ships 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 TOP Ships price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.TOP Ships Best Fit Change Line
The following chart estimates an ordinary least squares regression model for TOP Ships applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that TOP Ships market price will keep on failing further. It has 122 observation points and a regression sum of squares at 4.36, which is the sum of squared deviations for the predicted TOP Ships price change compared to its average price change.About TOP Ships 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 TOP Ships 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 TOP Ships based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on TOP Ships price pattern first instead of the macroeconomic environment surrounding TOP Ships. By analyzing TOP Ships'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 TOP Ships'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 TOP Ships specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2022 | 2023 | 2024 | 2025 (projected) | Dividend Yield | 3.47 | 0.21 | 0.19 | 0.18 | Price To Sales Ratio | 0.0478 | 0.34 | 0.39 | 0.37 |
TOP Ships March 22, 2025 Technical Indicators
Most technical analysis of TOP 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 TOP from various momentum indicators to cycle indicators. When you analyze TOP 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 | (0.28) | |||
| Mean Deviation | 1.74 | |||
| Coefficient Of Variation | (9,736) | |||
| Standard Deviation | 2.58 | |||
| Variance | 6.66 | |||
| Information Ratio | 0.0139 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | 0.174 | |||
| Treynor Ratio | (0.29) | |||
| Maximum Drawdown | 15.5 | |||
| Value At Risk | (3.73) | |||
| Potential Upside | 4.55 | |||
| Skewness | 1.01 | |||
| Kurtosis | 3.26 |
TOP Ships March 22, 2025 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as TOP stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 46.09 | ||
| Daily Balance Of Power | 0.17 | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 6.15 | ||
| Day Typical Price | 6.14 | ||
| Price Action Indicator | (0.01) |
Additional Tools for TOP Stock Analysis
When running TOP Ships' price analysis, check to measure TOP Ships' 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 TOP Ships is operating at the current time. Most of TOP Ships' value examination focuses on studying past and present price action to predict the probability of TOP Ships' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TOP Ships' price. Additionally, you may evaluate how the addition of TOP Ships to your portfolios can decrease your overall portfolio volatility.