Edgewise Therapeutics Stock Technical Analysis
| EWTX Stock | USD 32.20 0.22 0.69% |
As of the 25th of November, Edgewise Therapeutics shows the Downside Deviation of 3.5, coefficient of variation of 770.78, and Mean Deviation of 3.54. Edgewise Therapeutics technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.
Edgewise Therapeutics Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Edgewise, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EdgewiseEdgewise |
Edgewise Therapeutics Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 27.6 | Strong Buy | 7 | Odds |
Most Edgewise 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 Edgewise stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Edgewise Therapeutics, talking to its executives and customers, or listening to Edgewise conference calls.
Edgewise Therapeutics 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.
Edgewise Therapeutics Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 Edgewise Therapeutics volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Edgewise Therapeutics Trend Analysis
Use this graph to draw trend lines for Edgewise Therapeutics. You can use it to identify possible trend reversals for Edgewise Therapeutics 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 Edgewise Therapeutics price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Edgewise Therapeutics Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Edgewise Therapeutics applied against its price change over selected period. The best fit line has a slop of 0.31 , which means Edgewise Therapeutics will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3617.4, which is the sum of squared deviations for the predicted Edgewise Therapeutics price change compared to its average price change.About Edgewise Therapeutics 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 Edgewise Therapeutics 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 Edgewise Therapeutics based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Edgewise Therapeutics price pattern first instead of the macroeconomic environment surrounding Edgewise Therapeutics. By analyzing Edgewise Therapeutics'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 Edgewise Therapeutics'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 Edgewise Therapeutics specific price patterns or momentum indicators. Please read more on our technical analysis page.
Edgewise Therapeutics November 25, 2024 Technical Indicators
Most technical analysis of Edgewise 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 Edgewise from various momentum indicators to cycle indicators. When you analyze Edgewise 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 | 0.1085 | |||
| Market Risk Adjusted Performance | 0.3606 | |||
| Mean Deviation | 3.54 | |||
| Semi Deviation | 2.85 | |||
| Downside Deviation | 3.5 | |||
| Coefficient Of Variation | 770.78 | |||
| Standard Deviation | 7.55 | |||
| Variance | 56.99 | |||
| Information Ratio | 0.1124 | |||
| Jensen Alpha | 0.6354 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.2428 | |||
| Treynor Ratio | 0.3506 | |||
| Maximum Drawdown | 61.02 | |||
| Value At Risk | (4.70) | |||
| Potential Upside | 6.65 | |||
| Downside Variance | 12.22 | |||
| Semi Variance | 8.13 | |||
| Expected Short fall | (4.17) | |||
| Skewness | 5.64 | |||
| Kurtosis | 40.28 |
Additional Tools for Edgewise Stock Analysis
When running Edgewise Therapeutics' price analysis, check to measure Edgewise Therapeutics' 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 Edgewise Therapeutics is operating at the current time. Most of Edgewise Therapeutics' value examination focuses on studying past and present price action to predict the probability of Edgewise Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edgewise Therapeutics' price. Additionally, you may evaluate how the addition of Edgewise Therapeutics to your portfolios can decrease your overall portfolio volatility.