Color Star Technology Stock Technical Analysis
| ADD Stock | USD 3.94 0.25 5.97% |
As of the 28th of November, Color Star shows the Risk Adjusted Performance of (0.14), standard deviation of 15.78, and Mean Deviation of 10.99. Color Star Technology 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 Color Star Technology maximum drawdown, and the relationship between the information ratio and potential upside to decide if Color Star Technology is priced correctly, providing market reflects its regular price of 3.94 per share. Given that Color Star has information ratio of (0.21), we suggest you to validate Color Star Technology's prevailing market performance to make sure the company can sustain itself at a future point.
Color Star Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Color, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ColorColor |
Color Star 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.
Color Star Technology Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Color Star Technology volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Color Star Technology Trend Analysis
Use this graph to draw trend lines for Color Star Technology. You can use it to identify possible trend reversals for Color Star 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 Color Star price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Color Star Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Color Star Technology applied against its price change over selected period. The best fit line has a slop of 2.32 , which may imply that the returns on investment in Color Star Technology will continue to fail. It has 122 observation points and a regression sum of squares at 204021.24, which is the sum of squared deviations for the predicted Color Star price change compared to its average price change.About Color Star 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 Color Star Technology 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 Color Star Technology based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Color Star Technology price pattern first instead of the macroeconomic environment surrounding Color Star Technology. By analyzing Color Star'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 Color Star'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 Color Star specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2018 | 2023 | 2024 (projected) | Payables Turnover | 2.27 | 0.61 | 0.58 | Days Of Inventory On Hand | 4.77 | 0.9 | 0.86 |
Color Star November 28, 2024 Technical Indicators
Most technical analysis of Color 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 Color from various momentum indicators to cycle indicators. When you analyze Color 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 | (0.14) | |||
| Market Risk Adjusted Performance | (0.89) | |||
| Mean Deviation | 10.99 | |||
| Coefficient Of Variation | (505.31) | |||
| Standard Deviation | 15.78 | |||
| Variance | 248.92 | |||
| Information Ratio | (0.21) | |||
| Jensen Alpha | (3.54) | |||
| Total Risk Alpha | (5.51) | |||
| Treynor Ratio | (0.90) | |||
| Maximum Drawdown | 103.3 | |||
| Value At Risk | (31.87) | |||
| Potential Upside | 21.05 | |||
| Skewness | (0.28) | |||
| Kurtosis | 2.62 |
Complementary Tools for Color Stock analysis
When running Color Star's price analysis, check to measure Color Star'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 Color Star is operating at the current time. Most of Color Star's value examination focuses on studying past and present price action to predict the probability of Color Star's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Color Star's price. Additionally, you may evaluate how the addition of Color Star to your portfolios can decrease your overall portfolio volatility.
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