Concert Pharmaceuticals Stock Technical Analysis
CNCEDelisted Stock | USD 8.37 0.01 0.12% |
As of the 28th of November, Concert Pharmaceuticals shows the Risk Adjusted Performance of 0.1565, mean deviation of 2.79, and Downside Deviation of 2.74. Concert Pharmaceuticals 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 Concert Pharmaceuticals maximum drawdown, and the relationship between the information ratio and downside variance to decide if Concert Pharmaceuticals is priced correctly, providing market reflects its regular price of 8.37 per share. Given that Concert Pharmaceuticals has jensen alpha of 0.7094, we suggest you to validate Concert Pharmaceuticals's prevailing market performance to make sure the company can sustain itself at a future point.
Concert Pharmaceuticals Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Concert, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ConcertConcert |
Concert Pharmaceuticals 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, delisted stock market cycles, or different charting patterns.
Concert Pharmaceuticals Technical Analysis
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Concert Pharmaceuticals Trend Analysis
Use this graph to draw trend lines for Concert Pharmaceuticals. You can use it to identify possible trend reversals for Concert Pharmaceuticals 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 Concert Pharmaceuticals price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Concert Pharmaceuticals Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Concert Pharmaceuticals applied against its price change over selected period. The best fit line has a slop of 0.08 , which means Concert Pharmaceuticals will continue generating value for investors. It has 122 observation points and a regression sum of squares at 252.53, which is the sum of squared deviations for the predicted Concert Pharmaceuticals price change compared to its average price change.About Concert Pharmaceuticals 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 Concert Pharmaceuticals 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 Concert Pharmaceuticals based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Concert Pharmaceuticals price pattern first instead of the macroeconomic environment surrounding Concert Pharmaceuticals. By analyzing Concert Pharmaceuticals'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 Concert Pharmaceuticals'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 Concert Pharmaceuticals specific price patterns or momentum indicators. Please read more on our technical analysis page.
Concert Pharmaceuticals November 28, 2024 Technical Indicators
Most technical analysis of Concert 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 Concert from various momentum indicators to cycle indicators. When you analyze Concert 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 | 0.1565 | |||
Market Risk Adjusted Performance | 0.6273 | |||
Mean Deviation | 2.79 | |||
Semi Deviation | 1.92 | |||
Downside Deviation | 2.74 | |||
Coefficient Of Variation | 517.06 | |||
Standard Deviation | 4.56 | |||
Variance | 20.82 | |||
Information Ratio | 0.1659 | |||
Jensen Alpha | 0.7094 | |||
Total Risk Alpha | 0.1855 | |||
Sortino Ratio | 0.2761 | |||
Treynor Ratio | 0.6173 | |||
Maximum Drawdown | 26.02 | |||
Value At Risk | (5.04) | |||
Potential Upside | 7.95 | |||
Downside Variance | 7.52 | |||
Semi Variance | 3.68 | |||
Expected Short fall | (3.47) | |||
Skewness | 2.27 | |||
Kurtosis | 7.77 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Concert Stock
If you are still planning to invest in Concert Pharmaceuticals check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Concert Pharmaceuticals' history and understand the potential risks before investing.
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