Abits Group Stock Technical Analysis
| ABTS Stock | 0.59 0.03 4.84% |
As of the 29th of November, Abits shows the Risk Adjusted Performance of 0.0627, downside deviation of 7.19, and Mean Deviation of 4.69. Abits Group technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Abits Group information ratio, as well as the relationship between the potential upside and kurtosis to decide if Abits Group is priced correctly, providing market reflects its regular price of 0.59 per share. As Abits Group is a penny stock we also strongly suggest to validate its total risk alpha numbers.
Abits Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Abits, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AbitsAbits |
Abits 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.
Abits Group Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Abits Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Abits Group Trend Analysis
Use this graph to draw trend lines for Abits Group. You can use it to identify possible trend reversals for Abits 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 Abits price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Abits Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Abits Group applied against its price change over selected period. The best fit line has a slop of 0 , which means Abits Group will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.26, which is the sum of squared deviations for the predicted Abits price change compared to its average price change.About Abits 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 Abits Group 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 Abits Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Abits Group price pattern first instead of the macroeconomic environment surrounding Abits Group. By analyzing Abits'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 Abits'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 Abits specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2020 | 2022 | 2023 | 2024 (projected) | Graham Number | 1.06 | 3.14 | 1.59 | 1.15 | Receivables Turnover | 0.95 | 0.0689 | 2.17 | 2.28 |
Abits November 29, 2024 Technical Indicators
Most technical analysis of Abits 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 Abits from various momentum indicators to cycle indicators. When you analyze Abits 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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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0627 | |||
| Market Risk Adjusted Performance | (1.44) | |||
| Mean Deviation | 4.69 | |||
| Semi Deviation | 5.48 | |||
| Downside Deviation | 7.19 | |||
| Coefficient Of Variation | 1422.78 | |||
| Standard Deviation | 6.63 | |||
| Variance | 43.99 | |||
| Information Ratio | 0.0514 | |||
| Jensen Alpha | 0.4924 | |||
| Total Risk Alpha | (0.54) | |||
| Sortino Ratio | 0.0474 | |||
| Treynor Ratio | (1.45) | |||
| Maximum Drawdown | 39.29 | |||
| Value At Risk | (9.72) | |||
| Potential Upside | 11.63 | |||
| Downside Variance | 51.74 | |||
| Semi Variance | 30.04 | |||
| Expected Short fall | (6.42) | |||
| Skewness | 0.2466 | |||
| Kurtosis | 1.46 |
Additional Tools for Abits Stock Analysis
When running Abits' price analysis, check to measure Abits' 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 Abits is operating at the current time. Most of Abits' value examination focuses on studying past and present price action to predict the probability of Abits' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Abits' price. Additionally, you may evaluate how the addition of Abits to your portfolios can decrease your overall portfolio volatility.