11 Bit (Poland) Technical Analysis
| 11B Stock | 246.00 2.00 0.82% |
As of the 24th of November, 11 Bit owns the Variance of 29.21, information ratio of (0.26), and Market Risk Adjusted Performance of (1.37). 11 bit studios technical analysis gives you the methodology to make use of past data patterns to determine a pattern that approximates the direction of the entity's future prices. Please confirm 11 bit studios information ratio, and the relationship between the coefficient of variation and value at risk to decide if 11 bit studios is priced fairly, providing market reflects its prevailing price of 246.0 per share.
11 Bit Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as 11B, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to 11B11B |
11 Bit 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.
11 bit studios Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 11 bit studios volatility. High ATR values indicate high volatility, and low values indicate low volatility.
11 bit studios Trend Analysis
Use this graph to draw trend lines for 11 bit studios. You can use it to identify possible trend reversals for 11 Bit 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 11 Bit price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.11 Bit Best Fit Change Line
The following chart estimates an ordinary least squares regression model for 11 bit studios applied against its price change over selected period. The best fit line has a slop of 7.32 , which may suggest that 11 bit studios market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2027578.66, which is the sum of squared deviations for the predicted 11 Bit price change compared to its average price change.About 11 Bit 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 11 bit studios 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 11 bit studios based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on 11 bit studios price pattern first instead of the macroeconomic environment surrounding 11 bit studios. By analyzing 11 Bit'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 11 Bit'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 11 Bit specific price patterns or momentum indicators. Please read more on our technical analysis page.
11 Bit November 24, 2024 Technical Indicators
Most technical analysis of 11B 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 11B from various momentum indicators to cycle indicators. When you analyze 11B 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 | (0.17) | |||
| Market Risk Adjusted Performance | (1.37) | |||
| Mean Deviation | 2.82 | |||
| Coefficient Of Variation | (426.60) | |||
| Standard Deviation | 5.4 | |||
| Variance | 29.21 | |||
| Information Ratio | (0.26) | |||
| Jensen Alpha | (1.39) | |||
| Total Risk Alpha | (2.13) | |||
| Treynor Ratio | (1.38) | |||
| Maximum Drawdown | 42.52 | |||
| Value At Risk | (7.06) | |||
| Potential Upside | 3.5 | |||
| Skewness | (4.89) | |||
| Kurtosis | 32.19 |
Additional Tools for 11B Stock Analysis
When running 11 Bit's price analysis, check to measure 11 Bit'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 11 Bit is operating at the current time. Most of 11 Bit's value examination focuses on studying past and present price action to predict the probability of 11 Bit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 11 Bit's price. Additionally, you may evaluate how the addition of 11 Bit to your portfolios can decrease your overall portfolio volatility.