Connectm Technology Solutions, Stock Technical Analysis
| CNTM Stock | USD 0.80 0.08 9.09% |
As of the 24th of November, ConnectM Technology shows the Mean Deviation of 4.63, risk adjusted performance of (0.01), and Standard Deviation of 6.15. ConnectM 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 ConnectM Technology variance and potential upside to decide if ConnectM Technology is priced correctly, providing market reflects its regular price of 0.8 per share. Given that ConnectM Technology is a hitting penny stock territory we recommend to closely look at its jensen alpha.
ConnectM 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 ConnectM, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ConnectMConnectM |
ConnectM 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.
ConnectM Technology Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 ConnectM Technology volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ConnectM Technology Trend Analysis
Use this graph to draw trend lines for ConnectM Technology Solutions,. You can use it to identify possible trend reversals for ConnectM Technology 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 ConnectM Technology price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ConnectM Technology Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ConnectM Technology Solutions, applied against its price change over selected period. The best fit line has a slop of 0.0046 , which may suggest that ConnectM Technology Solutions, market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.79, which is the sum of squared deviations for the predicted ConnectM Technology price change compared to its average price change.About ConnectM 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 ConnectM Technology Solutions, 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 ConnectM Technology Solutions, based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ConnectM Technology price pattern first instead of the macroeconomic environment surrounding ConnectM Technology. By analyzing ConnectM 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 ConnectM 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 ConnectM Technology specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2010 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 29.0 | 27.52 | 31.65 | 31.09 | PTB Ratio | 22.3K | 1.53 | 2.56 | 2.43 |
ConnectM Technology November 24, 2024 Technical Indicators
Most technical analysis of ConnectM 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 ConnectM from various momentum indicators to cycle indicators. When you analyze ConnectM 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.
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| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.09) | |||
| Mean Deviation | 4.63 | |||
| Coefficient Of Variation | (3,922) | |||
| Standard Deviation | 6.15 | |||
| Variance | 37.82 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (1.14) | |||
| Treynor Ratio | (0.10) | |||
| Maximum Drawdown | 30.8 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 9.52 | |||
| Skewness | 0.9404 | |||
| Kurtosis | 1.55 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ConnectM Technology Solutions,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Technology Hardware, Storage & Peripherals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ConnectM Technology. If investors know ConnectM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ConnectM Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.28) | Revenue Per Share 12.644 | Quarterly Revenue Growth (0.06) |
The market value of ConnectM Technology is measured differently than its book value, which is the value of ConnectM that is recorded on the company's balance sheet. Investors also form their own opinion of ConnectM Technology's value that differs from its market value or its book value, called intrinsic value, which is ConnectM Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ConnectM Technology's market value can be influenced by many factors that don't directly affect ConnectM Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ConnectM Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if ConnectM Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ConnectM Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.