23andme Holding Co Stock Technical Analysis
| ME Stock | USD 3.61 0.20 5.87% |
As of the 18th of January 2025, 23Andme Holding owns the Variance of 36.02, information ratio of (0.09), and Market Risk Adjusted Performance of (22.41). In connection with fundamental indicators, the technical analysis model gives you tools to check timely technical drivers of 23Andme Holding, as well as the relationship between them. Please confirm 23Andme Holding market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if 23Andme Holding Co is priced fairly, providing market reflects its prevailing price of 3.61 per share. Given that 23Andme Holding has information ratio of (0.09), we suggest you to validate 23Andme Holding's latest market performance to make sure the company can sustain itself sooner or later.
23Andme Holding Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as 23Andme, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to 23Andme23Andme |
23Andme Holding Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 40.0 | Strong Sell | 0 | Odds |
Most 23Andme 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 23Andme stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of 23Andme Holding, talking to its executives and customers, or listening to 23Andme conference calls.
23Andme Analyst Advice Details23Andme Holding 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.
23Andme Holding 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 23Andme Holding volatility. High ATR values indicate high volatility, and low values indicate low volatility.
23Andme Holding Trend Analysis
Use this graph to draw trend lines for 23Andme Holding Co. You can use it to identify possible trend reversals for 23Andme Holding 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 23Andme Holding price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.23Andme Holding Best Fit Change Line
The following chart estimates an ordinary least squares regression model for 23Andme Holding Co applied against its price change over selected period. The best fit line has a slop of 0.02 , which may indicate that the price for 23Andme Holding Co will continue to decline. It has 122 observation points and a regression sum of squares at 21.16, which is the sum of squared deviations for the predicted 23Andme Holding price change compared to its average price change.About 23Andme Holding 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 23Andme Holding Co 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 23Andme Holding Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on 23Andme Holding price pattern first instead of the macroeconomic environment surrounding 23Andme Holding. By analyzing 23Andme Holding'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 23Andme Holding'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 23Andme Holding specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2022 | 2023 | 2024 | 2025 (projected) | Payables Turnover | 12.77 | 10.39 | 9.35 | 7.42 | Days Of Inventory On Hand | 22.67 | 37.83 | 34.05 | 20.91 |
23Andme Holding January 18, 2025 Technical Indicators
Most technical analysis of 23Andme 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 23Andme from various momentum indicators to cycle indicators. When you analyze 23Andme 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 | (0.07) | |||
| Market Risk Adjusted Performance | (22.41) | |||
| Mean Deviation | 4.1 | |||
| Coefficient Of Variation | (1,095) | |||
| Standard Deviation | 6.0 | |||
| Variance | 36.02 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.56) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | (22.42) | |||
| Maximum Drawdown | 29.72 | |||
| Value At Risk | (8.52) | |||
| Potential Upside | 9.23 | |||
| Skewness | 0.327 | |||
| Kurtosis | 3.75 |
Complementary Tools for 23Andme Stock analysis
When running 23Andme Holding's price analysis, check to measure 23Andme Holding'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 23Andme Holding is operating at the current time. Most of 23Andme Holding's value examination focuses on studying past and present price action to predict the probability of 23Andme Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 23Andme Holding's price. Additionally, you may evaluate how the addition of 23Andme Holding to your portfolios can decrease your overall portfolio volatility.
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