Bytes Technology (South Africa) Technical Analysis
| BYI Stock | 7,389 137.00 1.82% |
As of the 29th of January, Bytes Technology shows the Mean Deviation of 1.14, risk adjusted performance of (0.10), and Standard Deviation of 1.44. Bytes Technology 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 Bytes Technology coefficient of variation, treynor ratio, skewness, as well as the relationship between the variance and value at risk to decide if Bytes Technology is priced correctly, providing market reflects its regular price of 7389.0 per share.
Bytes Technology Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Bytes, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BytesBytes |
Bytes Technology 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Bytes Technology's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Bytes Technology.
| 10/31/2025 |
| 01/29/2026 |
If you would invest 0.00 in Bytes Technology on October 31, 2025 and sell it all today you would earn a total of 0.00 from holding Bytes Technology or generate 0.0% return on investment in Bytes Technology over 90 days. Bytes Technology is related to or competes with Zeder Investments, Capitec Bank, Life Healthcare, Deneb Investments, and . More
Bytes Technology Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Bytes Technology's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Bytes Technology upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 7.55 | |||
| Value At Risk | (2.71) | |||
| Potential Upside | 1.95 |
Bytes Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bytes Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bytes Technology's standard deviation. In reality, there are many statistical measures that can use Bytes Technology historical prices to predict the future Bytes Technology's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (16.07) |
Bytes Technology January 29, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.10) | |||
| Market Risk Adjusted Performance | (16.06) | |||
| Mean Deviation | 1.14 | |||
| Coefficient Of Variation | (687.57) | |||
| Standard Deviation | 1.44 | |||
| Variance | 2.09 | |||
| Information Ratio | (0.20) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (16.07) | |||
| Maximum Drawdown | 7.55 | |||
| Value At Risk | (2.71) | |||
| Potential Upside | 1.95 | |||
| Skewness | (0.24) | |||
| Kurtosis | 0.1227 |
Bytes Technology Backtested Returns
Bytes Technology secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15 % return per unit of risk over the last 3 months. Bytes Technology exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bytes Technology's Mean Deviation of 1.14, standard deviation of 1.44, and Risk Adjusted Performance of (0.10) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0137, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bytes Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bytes Technology is expected to be smaller as well. At this point, Bytes Technology has a negative expected return of -0.22%. Please make sure to confirm Bytes Technology's value at risk, accumulation distribution, day typical price, as well as the relationship between the skewness and rate of daily change , to decide if Bytes Technology performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.39 |
Below average predictability
Bytes Technology has below average predictability. Overlapping area represents the amount of predictability between Bytes Technology time series from 31st of October 2025 to 15th of December 2025 and 15th of December 2025 to 29th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Bytes Technology price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Bytes Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 97.8 K |
Bytes Technology 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.
Bytes Technology Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Normalized Average True Range is used to analyze tradable apportunities for Bytes Technology across different markets.
About Bytes Technology 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 Bytes Technology 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 Bytes Technology based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Bytes Technology price pattern first instead of the macroeconomic environment surrounding Bytes Technology. By analyzing Bytes Technology'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 Bytes Technology'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 Bytes Technology specific price patterns or momentum indicators. Please read more on our technical analysis page.
Bytes Technology January 29, 2026 Technical Indicators
Most technical analysis of Bytes 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 Bytes from various momentum indicators to cycle indicators. When you analyze Bytes 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 | (0.10) | |||
| Market Risk Adjusted Performance | (16.06) | |||
| Mean Deviation | 1.14 | |||
| Coefficient Of Variation | (687.57) | |||
| Standard Deviation | 1.44 | |||
| Variance | 2.09 | |||
| Information Ratio | (0.20) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (16.07) | |||
| Maximum Drawdown | 7.55 | |||
| Value At Risk | (2.71) | |||
| Potential Upside | 1.95 | |||
| Skewness | (0.24) | |||
| Kurtosis | 0.1227 |
Bytes Technology January 29, 2026 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 Bytes 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 | 1,586 | ||
| Daily Balance Of Power | (0.71) | ||
| Rate Of Daily Change | 0.98 | ||
| Day Median Price | 7,448 | ||
| Day Typical Price | 7,429 | ||
| Price Action Indicator | (128.00) | ||
| Market Facilitation Index | 0 |
Complementary Tools for Bytes Stock analysis
When running Bytes Technology's price analysis, check to measure Bytes Technology'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 Bytes Technology is operating at the current time. Most of Bytes Technology's value examination focuses on studying past and present price action to predict the probability of Bytes Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bytes Technology's price. Additionally, you may evaluate how the addition of Bytes Technology to your portfolios can decrease your overall portfolio volatility.
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