Cellectar Biosciences Stock Technical Analysis
| CLRB Stock | USD 1.57 0.01 0.63% |
As of the 26th of November, Cellectar Biosciences shows the Risk Adjusted Performance of (0.12), mean deviation of 1.9, and Standard Deviation of 2.62. Cellectar Biosciences 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.
Cellectar Biosciences Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Cellectar, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CellectarCellectar |
Cellectar Biosciences Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 12.6 | Strong Buy | 3 | Odds |
Most Cellectar 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 Cellectar stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Cellectar Biosciences, talking to its executives and customers, or listening to Cellectar conference calls.
Cellectar Biosciences 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.
Cellectar Biosciences Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Cellectar Biosciences volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Cellectar Biosciences Trend Analysis
Use this graph to draw trend lines for Cellectar Biosciences. You can use it to identify possible trend reversals for Cellectar Biosciences 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 Cellectar Biosciences price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Cellectar Biosciences Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Cellectar Biosciences applied against its price change over selected period. The best fit line has a slop of 0.0054 , which may suggest that Cellectar Biosciences market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.12, which is the sum of squared deviations for the predicted Cellectar Biosciences price change compared to its average price change.About Cellectar Biosciences 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 Cellectar Biosciences 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 Cellectar Biosciences based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Cellectar Biosciences price pattern first instead of the macroeconomic environment surrounding Cellectar Biosciences. By analyzing Cellectar Biosciences'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 Cellectar Biosciences'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 Cellectar Biosciences specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Current Ratio | 9.16 | 3.71 | 0.81 | 0.77 | Net Debt To EBITDA | 1.48 | 0.67 | 0.23 | 0.22 |
Cellectar Biosciences November 26, 2024 Technical Indicators
Most technical analysis of Cellectar 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 Cellectar from various momentum indicators to cycle indicators. When you analyze Cellectar 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 | (0.12) | |||
| Market Risk Adjusted Performance | (0.38) | |||
| Mean Deviation | 1.9 | |||
| Coefficient Of Variation | (622.91) | |||
| Standard Deviation | 2.62 | |||
| Variance | 6.84 | |||
| Information Ratio | (0.21) | |||
| Jensen Alpha | (0.56) | |||
| Total Risk Alpha | (0.84) | |||
| Treynor Ratio | (0.39) | |||
| Maximum Drawdown | 15.85 | |||
| Value At Risk | (4.23) | |||
| Potential Upside | 2.94 | |||
| Skewness | (0.52) | |||
| Kurtosis | 1.84 |
Complementary Tools for Cellectar Stock analysis
When running Cellectar Biosciences' price analysis, check to measure Cellectar Biosciences' 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 Cellectar Biosciences is operating at the current time. Most of Cellectar Biosciences' value examination focuses on studying past and present price action to predict the probability of Cellectar Biosciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cellectar Biosciences' price. Additionally, you may evaluate how the addition of Cellectar Biosciences to your portfolios can decrease your overall portfolio volatility.
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