The Lovesac Stock Technical Analysis
LOVE Stock | USD 34.71 0.69 1.95% |
As of the 22nd of November, Lovesac secures the Market Risk Adjusted Performance of 0.4402, risk adjusted performance of 0.1381, and Downside Deviation of 2.68. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Lovesac, as well as the relationship between them. Please verify Lovesac variance, as well as the relationship between the value at risk and skewness to decide if The Lovesac is priced some-what accurately, providing market reflects its recent price of 34.71 per share. Given that Lovesac has jensen alpha of 0.5036, we recommend you to check Lovesac's last-minute market performance to make sure the company can sustain itself at a future point.
Lovesac Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Lovesac, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to LovesacLovesac |
Lovesac Analyst Consensus
Target Price | Advice | # of Analysts | |
51.2 | Strong Buy | 6 | Odds |
Most Lovesac 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 Lovesac stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Lovesac, talking to its executives and customers, or listening to Lovesac conference calls.
Lovesac 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.
Lovesac 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 Lovesac volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Lovesac Trend Analysis
Use this graph to draw trend lines for The Lovesac. You can use it to identify possible trend reversals for Lovesac 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 Lovesac price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Lovesac Best Fit Change Line
The following chart estimates an ordinary least squares regression model for The Lovesac applied against its price change over selected period. The best fit line has a slop of 0.17 , which means The Lovesac will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1069.77, which is the sum of squared deviations for the predicted Lovesac price change compared to its average price change.About Lovesac 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 The Lovesac 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 The Lovesac based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Lovesac price pattern first instead of the macroeconomic environment surrounding Lovesac. By analyzing Lovesac'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 Lovesac'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 Lovesac specific price patterns or momentum indicators. Please read more on our technical analysis page.
2010 | 2020 | 2024 (projected) | Days Sales Outstanding | 11.24 | 7.02 | 6.8 | PTB Ratio | 1.76 | 1.62 | 7.72 |
Lovesac November 22, 2024 Technical Indicators
Most technical analysis of Lovesac 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 Lovesac from various momentum indicators to cycle indicators. When you analyze Lovesac 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 | 0.1381 | |||
Market Risk Adjusted Performance | 0.4402 | |||
Mean Deviation | 2.61 | |||
Semi Deviation | 2.27 | |||
Downside Deviation | 2.68 | |||
Coefficient Of Variation | 586.5 | |||
Standard Deviation | 3.9 | |||
Variance | 15.22 | |||
Information Ratio | 0.1424 | |||
Jensen Alpha | 0.5036 | |||
Total Risk Alpha | 0.1464 | |||
Sortino Ratio | 0.207 | |||
Treynor Ratio | 0.4302 | |||
Maximum Drawdown | 26.74 | |||
Value At Risk | (4.37) | |||
Potential Upside | 5.76 | |||
Downside Variance | 7.21 | |||
Semi Variance | 5.15 | |||
Expected Short fall | (3.06) | |||
Skewness | 2.33 | |||
Kurtosis | 11.08 |
Lovesac 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 Lovesac 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 | 22,586 | ||
Daily Balance Of Power | (0.30) | ||
Rate Of Daily Change | 0.98 | ||
Day Median Price | 35.74 | ||
Day Typical Price | 35.40 | ||
Price Action Indicator | (1.37) |
Complementary Tools for Lovesac Stock analysis
When running Lovesac's price analysis, check to measure Lovesac's 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 Lovesac is operating at the current time. Most of Lovesac's value examination focuses on studying past and present price action to predict the probability of Lovesac's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lovesac's price. Additionally, you may evaluate how the addition of Lovesac to your portfolios can decrease your overall portfolio volatility.
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