Better Home Finance Stock Technical Analysis
BETR Stock | 15.77 1.46 10.20% |
As of the 30th of November, Better Home shows the Mean Deviation of 3.0, downside deviation of 3.62, and Risk Adjusted Performance of 0.0132. Better Home Finance 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 Better Home Finance variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Better Home Finance is priced correctly, providing market reflects its regular price of 15.77 per share. Given that Better Home has jensen alpha of (0.16), we suggest you to validate Better Home Finance's prevailing market performance to make sure the company can sustain itself at a future point.
Better Home Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Better, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BetterBetter |
Better Home 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.
Better Home Finance Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-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 Better Home Finance volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Better Home Finance Trend Analysis
Use this graph to draw trend lines for Better Home Finance. You can use it to identify possible trend reversals for Better Home 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 Better Home price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Better Home Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Better Home Finance applied against its price change over selected period. The best fit line has a slop of 0.08 , which may suggest that Better Home Finance market price will keep on failing further. It has 122 observation points and a regression sum of squares at 224.88, which is the sum of squared deviations for the predicted Better Home price change compared to its average price change.About Better Home 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 Better Home Finance 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 Better Home Finance based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Better Home Finance price pattern first instead of the macroeconomic environment surrounding Better Home Finance. By analyzing Better Home'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 Better Home'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 Better Home specific price patterns or momentum indicators. Please read more on our technical analysis page.
2017 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 6.57 | 7.97 | 2.25 | 2.14 | Days Of Inventory On Hand | 0.47 | 0.63 | 0.73 | 0.69 |
Better Home November 30, 2024 Technical Indicators
Most technical analysis of Better 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 Better from various momentum indicators to cycle indicators. When you analyze Better 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 | 0.0132 | |||
Market Risk Adjusted Performance | 0.0223 | |||
Mean Deviation | 3.0 | |||
Semi Deviation | 3.56 | |||
Downside Deviation | 3.62 | |||
Coefficient Of Variation | 14987.04 | |||
Standard Deviation | 4.11 | |||
Variance | 16.88 | |||
Information Ratio | (0.03) | |||
Jensen Alpha | (0.16) | |||
Total Risk Alpha | (0.67) | |||
Sortino Ratio | (0.03) | |||
Treynor Ratio | 0.0123 | |||
Maximum Drawdown | 23.0 | |||
Value At Risk | (5.69) | |||
Potential Upside | 7.43 | |||
Downside Variance | 13.08 | |||
Semi Variance | 12.66 | |||
Expected Short fall | (3.13) | |||
Skewness | 0.9854 | |||
Kurtosis | 2.07 |
Better Home November 30, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Better stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 3,393 | ||
Daily Balance Of Power | 0.93 | ||
Rate Of Daily Change | 1.10 | ||
Day Median Price | 14.99 | ||
Day Typical Price | 15.25 | ||
Price Action Indicator | 1.51 |
Additional Tools for Better Stock Analysis
When running Better Home's price analysis, check to measure Better Home'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 Better Home is operating at the current time. Most of Better Home's value examination focuses on studying past and present price action to predict the probability of Better Home's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Better Home's price. Additionally, you may evaluate how the addition of Better Home to your portfolios can decrease your overall portfolio volatility.