Alliance Entertainment Holding Stock Technical Analysis
| AENTW Stock | 0.09 0 3.70% |
As of the 22nd of November, Alliance Entertainment shows the Mean Deviation of 17.13, risk adjusted performance of 0.1072, and Downside Deviation of 22.84. Alliance Entertainment 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 Alliance Entertainment downside deviation, treynor ratio, as well as the relationship between the Treynor Ratio and expected short fall to decide if Alliance Entertainment is priced correctly, providing market reflects its regular price of 0.091 per share. As Alliance Entertainment appears to be a penny stock we also recommend to validate its total risk alpha numbers.
Alliance Entertainment Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Alliance, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AllianceAlliance |
Alliance Entertainment 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.
Alliance Entertainment 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 Alliance Entertainment volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Alliance Entertainment Trend Analysis
Use this graph to draw trend lines for Alliance Entertainment Holding. You can use it to identify possible trend reversals for Alliance Entertainment 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 Alliance Entertainment price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Alliance Entertainment Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Alliance Entertainment Holding applied against its price change over selected period. The best fit line has a slop of 0 , which means Alliance Entertainment Holding will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.12, which is the sum of squared deviations for the predicted Alliance Entertainment price change compared to its average price change.About Alliance Entertainment 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 Alliance Entertainment 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 Alliance Entertainment Holding based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Alliance Entertainment price pattern first instead of the macroeconomic environment surrounding Alliance Entertainment. By analyzing Alliance Entertainment'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 Alliance Entertainment'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 Alliance Entertainment specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Dividend Yield | 0.0439 | 0.039 | Price To Sales Ratio | 0.15 | 0.0754 |
Alliance Entertainment November 22, 2024 Technical Indicators
Most technical analysis of Alliance 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 Alliance from various momentum indicators to cycle indicators. When you analyze Alliance 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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| Risk Adjusted Performance | 0.1072 | |||
| Market Risk Adjusted Performance | (0.51) | |||
| Mean Deviation | 17.13 | |||
| Semi Deviation | 17.18 | |||
| Downside Deviation | 22.84 | |||
| Coefficient Of Variation | 772.66 | |||
| Standard Deviation | 26.61 | |||
| Variance | 707.99 | |||
| Information Ratio | 0.1258 | |||
| Jensen Alpha | 4.0 | |||
| Total Risk Alpha | 0.4169 | |||
| Sortino Ratio | 0.1466 | |||
| Treynor Ratio | (0.52) | |||
| Maximum Drawdown | 167.87 | |||
| Value At Risk | (35.71) | |||
| Potential Upside | 41.55 | |||
| Downside Variance | 521.78 | |||
| Semi Variance | 295.19 | |||
| Expected Short fall | (22.57) | |||
| Skewness | 1.72 | |||
| Kurtosis | 7.76 |
Additional Tools for Alliance Stock Analysis
When running Alliance Entertainment's price analysis, check to measure Alliance Entertainment'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 Alliance Entertainment is operating at the current time. Most of Alliance Entertainment's value examination focuses on studying past and present price action to predict the probability of Alliance Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alliance Entertainment's price. Additionally, you may evaluate how the addition of Alliance Entertainment to your portfolios can decrease your overall portfolio volatility.