Boyd Group Services Stock Technical Analysis
| BYDGF Stock | USD 158.89 1.33 0.84% |
As of the 28th of November, Boyd Group shows the Standard Deviation of 1.7, risk adjusted performance of (0.04), and Mean Deviation of 1.23. Boyd Group Services 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 Boyd Group Services standard deviation, as well as the relationship between the treynor ratio and potential upside to decide if Boyd Group Services is priced correctly, providing market reflects its regular price of 158.89 per share. Given that Boyd Group has information ratio of (0.13), we suggest you to validate Boyd Group Services's prevailing market performance to make sure the company can sustain itself at a future point.
Boyd Group Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Boyd, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BoydBoyd |
Boyd Group technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Boyd Group Services Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 Boyd Group Services volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Boyd Group Services Trend Analysis
Use this graph to draw trend lines for Boyd Group Services. You can use it to identify possible trend reversals for Boyd Group 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 Boyd Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Boyd Group Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Boyd Group Services applied against its price change over selected period. The best fit line has a slop of 0.03 , which means Boyd Group Services will continue generating value for investors. It has 122 observation points and a regression sum of squares at 23.78, which is the sum of squared deviations for the predicted Boyd Group price change compared to its average price change.About Boyd Group 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 Boyd Group Services 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 Boyd Group Services based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Boyd Group Services price pattern first instead of the macroeconomic environment surrounding Boyd Group Services. By analyzing Boyd Group'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 Boyd Group'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 Boyd Group specific price patterns or momentum indicators. Please read more on our technical analysis page.
Boyd Group November 28, 2024 Technical Indicators
Most technical analysis of Boyd 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 Boyd from various momentum indicators to cycle indicators. When you analyze Boyd 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 | (0.04) | |||
| Market Risk Adjusted Performance | 0.2314 | |||
| Mean Deviation | 1.23 | |||
| Coefficient Of Variation | (1,713) | |||
| Standard Deviation | 1.7 | |||
| Variance | 2.9 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | 0.2214 | |||
| Maximum Drawdown | 9.4 | |||
| Value At Risk | (2.92) | |||
| Potential Upside | 2.12 | |||
| Skewness | 0.75 | |||
| Kurtosis | 3.42 |
Complementary Tools for Boyd Pink Sheet analysis
When running Boyd Group's price analysis, check to measure Boyd Group'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 Boyd Group is operating at the current time. Most of Boyd Group's value examination focuses on studying past and present price action to predict the probability of Boyd Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boyd Group's price. Additionally, you may evaluate how the addition of Boyd Group to your portfolios can decrease your overall portfolio volatility.
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules |