Thoughtworks Holding Stock Technical Analysis
TWKSDelisted Stock | USD 4.47 0.00 0.00% |
As of the 16th of December 2024, Thoughtworks Holding has the Semi Deviation of 0.2353, coefficient of variation of 759.16, and Risk Adjusted Performance of 0.0873. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Thoughtworks Holding, as well as the relationship between them. Please validate Thoughtworks Holding variance and potential upside to decide if Thoughtworks Holding is priced more or less accurately, providing market reflects its prevalent price of 4.47 per share. Given that Thoughtworks Holding has jensen alpha of 0.0412, we advise you to double-check Thoughtworks Holding's current market performance to make sure the company can sustain itself at a future point.
Thoughtworks Holding Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Thoughtworks, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ThoughtworksThoughtworks |
Thoughtworks Holding 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, delisted stock market cycles, or different charting patterns.
Thoughtworks Holding Technical Analysis
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Thoughtworks Holding Trend Analysis
Use this graph to draw trend lines for Thoughtworks Holding. You can use it to identify possible trend reversals for Thoughtworks Holding 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 Thoughtworks Holding price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Thoughtworks Holding Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Thoughtworks Holding applied against its price change over selected period. The best fit line has a slop of 0 , which means Thoughtworks Holding will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.17, which is the sum of squared deviations for the predicted Thoughtworks Holding price change compared to its average price change.About Thoughtworks Holding 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 Thoughtworks Holding 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 Thoughtworks Holding based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Thoughtworks Holding price pattern first instead of the macroeconomic environment surrounding Thoughtworks Holding. By analyzing Thoughtworks Holding'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 Thoughtworks Holding'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 Thoughtworks Holding specific price patterns or momentum indicators. Please read more on our technical analysis page.
Thoughtworks Holding December 16, 2024 Technical Indicators
Most technical analysis of Thoughtworks 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 Thoughtworks from various momentum indicators to cycle indicators. When you analyze Thoughtworks 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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Volume Indicators |
Risk Adjusted Performance | 0.0873 | |||
Market Risk Adjusted Performance | 2.92 | |||
Mean Deviation | 0.2811 | |||
Semi Deviation | 0.2353 | |||
Downside Deviation | 0.4802 | |||
Coefficient Of Variation | 759.16 | |||
Standard Deviation | 0.3987 | |||
Variance | 0.1589 | |||
Information Ratio | (0.12) | |||
Jensen Alpha | 0.0412 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | (0.1) | |||
Treynor Ratio | 2.91 | |||
Maximum Drawdown | 2.49 | |||
Value At Risk | (0.46) | |||
Potential Upside | 0.6787 | |||
Downside Variance | 0.2306 | |||
Semi Variance | 0.0554 | |||
Expected Short fall | (0.40) | |||
Skewness | 0.0774 | |||
Kurtosis | 3.2 |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Other Consideration for investing in Thoughtworks Stock
If you are still planning to invest in Thoughtworks Holding check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Thoughtworks Holding's history and understand the potential risks before investing.
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