Stealthgas Stock Technical Analysis
| GASS Stock | USD 6.05 0.04 0.67% |
As of the 22nd of November, StealthGas has the Risk Adjusted Performance of 0.0206, coefficient of variation of 5687.11, and Semi Deviation of 1.98. StealthGas technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. Please validate StealthGas variance, as well as the relationship between the value at risk and skewness to decide if StealthGas is priced more or less accurately, providing market reflects its prevalent price of 6.05 per share. Given that StealthGas has jensen alpha of (0.07), we advise you to double-check StealthGas's current market performance to make sure the company can sustain itself at a future point.
StealthGas Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as StealthGas, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to StealthGasStealthGas |
StealthGas Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 8.0 | Buy | 1 | Odds |
Most StealthGas 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 StealthGas stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of StealthGas, talking to its executives and customers, or listening to StealthGas conference calls.
StealthGas 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.
StealthGas Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 StealthGas volatility. High ATR values indicate high volatility, and low values indicate low volatility.
StealthGas Trend Analysis
Use this graph to draw trend lines for StealthGas. You can use it to identify possible trend reversals for StealthGas 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 StealthGas price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.StealthGas Best Fit Change Line
The following chart estimates an ordinary least squares regression model for StealthGas applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that StealthGas market price will keep on failing further. It has 122 observation points and a regression sum of squares at 7.53, which is the sum of squared deviations for the predicted StealthGas price change compared to its average price change.About StealthGas 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 StealthGas 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 StealthGas based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on StealthGas price pattern first instead of the macroeconomic environment surrounding StealthGas. By analyzing StealthGas'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 StealthGas'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 StealthGas specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Dividend Yield | 0.0347 | 0.033 | Price To Sales Ratio | 1.67 | 1.59 |
StealthGas November 22, 2024 Technical Indicators
Most technical analysis of StealthGas 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 StealthGas from various momentum indicators to cycle indicators. When you analyze StealthGas 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 | 0.0206 | |||
| Market Risk Adjusted Performance | 0.0449 | |||
| Mean Deviation | 1.82 | |||
| Semi Deviation | 1.98 | |||
| Downside Deviation | 2.04 | |||
| Coefficient Of Variation | 5687.11 | |||
| Standard Deviation | 2.68 | |||
| Variance | 7.19 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0349 | |||
| Maximum Drawdown | 16.71 | |||
| Value At Risk | (3.64) | |||
| Potential Upside | 3.82 | |||
| Downside Variance | 4.18 | |||
| Semi Variance | 3.91 | |||
| Expected Short fall | (2.36) | |||
| Skewness | 1.61 | |||
| Kurtosis | 5.62 |
StealthGas November 22, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as StealthGas stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 4,905 | ||
| Daily Balance Of Power | 0.21 | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 6.12 | ||
| Day Typical Price | 6.09 | ||
| Price Action Indicator | (0.04) |
Additional Tools for StealthGas Stock Analysis
When running StealthGas' price analysis, check to measure StealthGas' 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 StealthGas is operating at the current time. Most of StealthGas' value examination focuses on studying past and present price action to predict the probability of StealthGas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move StealthGas' price. Additionally, you may evaluate how the addition of StealthGas to your portfolios can decrease your overall portfolio volatility.