Clps Inc Stock Technical Analysis
| CLPS Stock | USD 1.13 0.04 3.42% |
As of the 22nd of November, CLPS shows the mean deviation of 3.14, and Risk Adjusted Performance of 0.119. CLPS Inc 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 CLPS Inc coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if CLPS Inc is priced favorably, providing market reflects its regular price of 1.13 per share. Given that CLPS is a hitting penny stock territory we recommend to closely look at its total risk alpha.
CLPS Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as CLPS, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CLPSCLPS |
CLPS 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.
CLPS Inc Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-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 CLPS Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
CLPS Inc Trend Analysis
Use this graph to draw trend lines for CLPS Inc. You can use it to identify possible trend reversals for CLPS 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 CLPS price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.CLPS Best Fit Change Line
The following chart estimates an ordinary least squares regression model for CLPS Inc applied against its price change over selected period. The best fit line has a slop of 0.0003 , which may suggest that CLPS Inc market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted CLPS price change compared to its average price change.About CLPS 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 CLPS Inc 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 CLPS Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on CLPS Inc price pattern first instead of the macroeconomic environment surrounding CLPS Inc. By analyzing CLPS'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 CLPS'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 CLPS specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2023 | 2024 (projected) | Dividend Yield | 0.043 | 0.11 | 0.12 | Price To Sales Ratio | 0.21 | 0.16 | 0.15 |
CLPS November 22, 2024 Technical Indicators
Most technical analysis of CLPS 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 CLPS from various momentum indicators to cycle indicators. When you analyze CLPS 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 | 0.119 | |||
| Market Risk Adjusted Performance | (1.96) | |||
| Mean Deviation | 3.14 | |||
| Semi Deviation | 3.39 | |||
| Downside Deviation | 4.07 | |||
| Coefficient Of Variation | 680.78 | |||
| Standard Deviation | 4.45 | |||
| Variance | 19.84 | |||
| Information Ratio | 0.1255 | |||
| Jensen Alpha | 0.6723 | |||
| Total Risk Alpha | 0.1393 | |||
| Sortino Ratio | 0.1374 | |||
| Treynor Ratio | (1.97) | |||
| Maximum Drawdown | 24.69 | |||
| Value At Risk | (6.03) | |||
| Potential Upside | 10.23 | |||
| Downside Variance | 16.55 | |||
| Semi Variance | 11.5 | |||
| Expected Short fall | (4.00) | |||
| Skewness | 0.6717 | |||
| Kurtosis | 1.8 |
Additional Tools for CLPS Stock Analysis
When running CLPS's price analysis, check to measure CLPS'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 CLPS is operating at the current time. Most of CLPS's value examination focuses on studying past and present price action to predict the probability of CLPS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CLPS's price. Additionally, you may evaluate how the addition of CLPS to your portfolios can decrease your overall portfolio volatility.