Icon Media Holdings Stock Technical Analysis
ICNM Stock | USD 0.0003 0.0001 25.00% |
As of the 27th of November, Icon Media retains the Risk Adjusted Performance of 0.036, market risk adjusted performance of (1.59), and Downside Deviation of 25.72. Icon Media 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 Icon Media Holdings standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Icon Media is priced fairly, providing market reflects its last-minute price of 3.0E-4 per share. As Icon Media Holdings appears to be a penny stock we also urge to confirm its total risk alpha numbers.
Icon Media Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Icon, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to IconIcon |
Icon Media technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Icon Media Holdings Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Icon Media Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Icon Media Holdings Trend Analysis
Use this graph to draw trend lines for Icon Media Holdings. You can use it to identify possible trend reversals for Icon Media 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 Icon Media price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Icon Media Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Icon Media Holdings applied against its price change over selected period. The best fit line has a slop of 0 , which may suggest that Icon Media Holdings market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Icon Media price change compared to its average price change.About Icon Media 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 Icon Media Holdings 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 Icon Media Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Icon Media Holdings price pattern first instead of the macroeconomic environment surrounding Icon Media Holdings. By analyzing Icon Media'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 Icon Media'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 Icon Media specific price patterns or momentum indicators. Please read more on our technical analysis page.
Icon Media November 27, 2024 Technical Indicators
Most technical analysis of Icon 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 Icon from various momentum indicators to cycle indicators. When you analyze Icon 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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Pattern Recognition | ||
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Statistic Functions | ||
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Volume Indicators |
Risk Adjusted Performance | 0.036 | |||
Market Risk Adjusted Performance | (1.59) | |||
Mean Deviation | 9.93 | |||
Semi Deviation | 11.48 | |||
Downside Deviation | 25.72 | |||
Coefficient Of Variation | 2893.96 | |||
Standard Deviation | 16.81 | |||
Variance | 282.52 | |||
Information Ratio | 0.0269 | |||
Jensen Alpha | 0.6131 | |||
Total Risk Alpha | (2.04) | |||
Sortino Ratio | 0.0176 | |||
Treynor Ratio | (1.60) | |||
Maximum Drawdown | 58.33 | |||
Value At Risk | (25.00) | |||
Potential Upside | 33.33 | |||
Downside Variance | 661.36 | |||
Semi Variance | 131.68 | |||
Expected Short fall | (33.33) | |||
Skewness | 0.5295 | |||
Kurtosis | 0.3226 |
Other Information on Investing in Icon Pink Sheet
Icon Media financial ratios help investors to determine whether Icon Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Icon with respect to the benefits of owning Icon Media security.