Belite Bio Adr Stock Technical Analysis
| BLTE Stock | USD 63.26 4.18 6.20% |
As of the 30th of November, Belite Bio shows the Downside Deviation of 4.42, mean deviation of 2.3, and Risk Adjusted Performance of 0.0968. Belite Bio ADR 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 Belite Bio ADR information ratio, as well as the relationship between the value at risk and expected short fall to decide if Belite Bio ADR is priced correctly, providing market reflects its regular price of 63.26 per share. Given that Belite Bio has jensen alpha of 0.3795, we suggest you to validate Belite Bio ADR's prevailing market performance to make sure the company can sustain itself at a future point.
Belite Bio Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Belite, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BeliteBelite |
Belite Bio Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 45.0 | Strong Buy | 5 | Odds |
Most Belite analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Belite stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Belite Bio ADR, talking to its executives and customers, or listening to Belite conference calls.
Belite Bio 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.
Belite Bio ADR 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 Belite Bio ADR volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Belite Bio ADR Trend Analysis
Use this graph to draw trend lines for Belite Bio ADR. You can use it to identify possible trend reversals for Belite Bio 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 Belite Bio price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Belite Bio Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Belite Bio ADR applied against its price change over selected period. The best fit line has a slop of 0.65 , which means Belite Bio ADR will continue generating value for investors. It has 122 observation points and a regression sum of squares at 16180.35, which is the sum of squared deviations for the predicted Belite Bio price change compared to its average price change.About Belite Bio 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 Belite Bio ADR 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 Belite Bio ADR based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Belite Bio ADR price pattern first instead of the macroeconomic environment surrounding Belite Bio ADR. By analyzing Belite Bio'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 Belite Bio'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 Belite Bio specific price patterns or momentum indicators. Please read more on our technical analysis page.
Belite Bio November 30, 2024 Technical Indicators
Most technical analysis of Belite 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 Belite from various momentum indicators to cycle indicators. When you analyze Belite 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 | 0.0968 | |||
| Market Risk Adjusted Performance | 0.6995 | |||
| Mean Deviation | 2.3 | |||
| Semi Deviation | 3.69 | |||
| Downside Deviation | 4.42 | |||
| Coefficient Of Variation | 862.22 | |||
| Standard Deviation | 4.1 | |||
| Variance | 16.82 | |||
| Information Ratio | 0.0824 | |||
| Jensen Alpha | 0.3795 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0765 | |||
| Treynor Ratio | 0.6895 | |||
| Maximum Drawdown | 30.69 | |||
| Value At Risk | (6.09) | |||
| Potential Upside | 5.93 | |||
| Downside Variance | 19.53 | |||
| Semi Variance | 13.63 | |||
| Expected Short fall | (2.40) | |||
| Skewness | (0.37) | |||
| Kurtosis | 6.7 |
Belite Bio 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 Belite 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 | 2,317 | ||
| Daily Balance Of Power | (0.79) | ||
| Rate Of Daily Change | 0.94 | ||
| Day Median Price | 65.91 | ||
| Day Typical Price | 65.03 | ||
| Price Action Indicator | (4.74) | ||
| Market Facilitation Index | 0.0002 |
Complementary Tools for Belite Stock analysis
When running Belite Bio's price analysis, check to measure Belite Bio'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 Belite Bio is operating at the current time. Most of Belite Bio's value examination focuses on studying past and present price action to predict the probability of Belite Bio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Belite Bio's price. Additionally, you may evaluate how the addition of Belite Bio to your portfolios can decrease your overall portfolio volatility.
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