Htg Molecular Diagnostics Stock Technical Analysis
HTGMDelisted Stock | USD 0.57 0.20 54.05% |
As of the 27th of November, HTG Molecular retains the Market Risk Adjusted Performance of 1.35, coefficient of variation of (848.87), and Risk Adjusted Performance of (0.08). HTG Molecular technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out HTG Molecular Diagnostics coefficient of variation and maximum drawdown to decide if HTG Molecular is priced correctly, providing market reflects its last-minute price of 0.57 per share. As HTG Molecular Diagnostics is a penny stock we also advise to confirm its jensen alpha numbers.
HTG Molecular Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as HTG, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HTGHTG |
HTG Molecular 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.
HTG Molecular Diagnostics Technical Analysis
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HTG Molecular Diagnostics Trend Analysis
Use this graph to draw trend lines for HTG Molecular Diagnostics. You can use it to identify possible trend reversals for HTG Molecular 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 HTG Molecular price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.HTG Molecular Best Fit Change Line
The following chart estimates an ordinary least squares regression model for HTG Molecular Diagnostics applied against its price change over selected period. The best fit line has a slop of 0.05 , which may suggest that HTG Molecular Diagnostics market price will keep on failing further. It has 122 observation points and a regression sum of squares at 96.32, which is the sum of squared deviations for the predicted HTG Molecular price change compared to its average price change.About HTG Molecular 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 HTG Molecular Diagnostics 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 HTG Molecular Diagnostics based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on HTG Molecular Diagnostics price pattern first instead of the macroeconomic environment surrounding HTG Molecular Diagnostics. By analyzing HTG Molecular'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 HTG Molecular'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 HTG Molecular specific price patterns or momentum indicators. Please read more on our technical analysis page.
HTG Molecular November 27, 2024 Technical Indicators
Most technical analysis of HTG 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 HTG from various momentum indicators to cycle indicators. When you analyze HTG 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 | (0.08) | |||
Market Risk Adjusted Performance | 1.35 | |||
Mean Deviation | 9.08 | |||
Coefficient Of Variation | (848.87) | |||
Standard Deviation | 13.56 | |||
Variance | 183.83 | |||
Information Ratio | (0.13) | |||
Jensen Alpha | (1.46) | |||
Total Risk Alpha | (3.74) | |||
Treynor Ratio | 1.34 | |||
Maximum Drawdown | 65.45 | |||
Value At Risk | (20.00) | |||
Potential Upside | 25.0 | |||
Skewness | 0.0831 | |||
Kurtosis | 2.32 |
Check out Risk vs Return Analysis 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 price. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Other Consideration for investing in HTG Stock
If you are still planning to invest in HTG Molecular Diagnostics 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 HTG Molecular's history and understand the potential risks before investing.
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