Apexigen Stock Technical Analysis
APGNWDelisted Stock | USD 0.02 0.0001 0.66% |
As of the 27th of November, Apexigen shows the mean deviation of 11.39, and Risk Adjusted Performance of (0.01). Apexigen 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 Apexigen market risk adjusted performance and treynor ratio to decide if Apexigen is priced correctly, providing market reflects its regular price of 0.0153 per share. As Apexigen appears to be a penny stock we also recommend to validate its jensen alpha numbers.
Apexigen Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Apexigen, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ApexigenApexigen |
Apexigen 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.
Apexigen Technical Analysis
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Apexigen Trend Analysis
Use this graph to draw trend lines for Apexigen. You can use it to identify possible trend reversals for Apexigen 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 Apexigen price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Apexigen Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Apexigen applied against its price change over selected period. The best fit line has a slop of 0.0004 , which may suggest that Apexigen market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted Apexigen price change compared to its average price change.About Apexigen 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 Apexigen 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 Apexigen based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Apexigen price pattern first instead of the macroeconomic environment surrounding Apexigen. By analyzing Apexigen'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 Apexigen'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 Apexigen specific price patterns or momentum indicators. Please read more on our technical analysis page.
Apexigen November 27, 2024 Technical Indicators
Most technical analysis of Apexigen 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 Apexigen from various momentum indicators to cycle indicators. When you analyze Apexigen 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 | (0.01) | |||
Market Risk Adjusted Performance | 0.5146 | |||
Mean Deviation | 11.39 | |||
Coefficient Of Variation | (3,627) | |||
Standard Deviation | 16.71 | |||
Variance | 279.37 | |||
Information Ratio | (0.04) | |||
Jensen Alpha | (0.36) | |||
Total Risk Alpha | (3.07) | |||
Treynor Ratio | 0.5046 | |||
Maximum Drawdown | 89.35 | |||
Value At Risk | (28.57) | |||
Potential Upside | 28.57 | |||
Skewness | 0.2596 | |||
Kurtosis | 1.02 |
Check out Trending Equities 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 board of governors. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Other Consideration for investing in Apexigen Stock
If you are still planning to invest in Apexigen 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 Apexigen's history and understand the potential risks before investing.
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