Motorsport Gaming Us Stock Technical Analysis
| MSGM Stock | USD 1.11 0.02 1.77% |
As of the 26th of November, Motorsport Gaming secures the Risk Adjusted Performance of 0.0272, mean deviation of 3.92, and Downside Deviation of 4.95. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Motorsport Gaming, as well as the relationship between them. Please verify Motorsport Gaming information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Motorsport Gaming Us is priced some-what accurately, providing market reflects its recent price of 1.11 per share. Given that Motorsport Gaming is a hitting penny stock territory we strongly suggest to closely look at its total risk alpha.
Motorsport Gaming Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Motorsport, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MotorsportMotorsport |
Motorsport Gaming Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 7.25 | Hold | 1 | Odds |
Most Motorsport 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 Motorsport stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Motorsport Gaming, talking to its executives and customers, or listening to Motorsport conference calls.
Motorsport Gaming 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.
Motorsport Gaming 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 Motorsport Gaming volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Motorsport Gaming Trend Analysis
Use this graph to draw trend lines for Motorsport Gaming Us. You can use it to identify possible trend reversals for Motorsport Gaming 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 Motorsport Gaming price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Motorsport Gaming Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Motorsport Gaming Us applied against its price change over selected period. The best fit line has a slop of 0.0026 , which may suggest that Motorsport Gaming Us market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.26, which is the sum of squared deviations for the predicted Motorsport Gaming price change compared to its average price change.About Motorsport Gaming 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 Motorsport Gaming Us 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 Motorsport Gaming Us based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Motorsport Gaming price pattern first instead of the macroeconomic environment surrounding Motorsport Gaming. By analyzing Motorsport Gaming'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 Motorsport Gaming'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 Motorsport Gaming specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Payables Turnover | 4.45 | 8.28 | Days Of Inventory On Hand | 5.0E-5 | 4.4E-5 |
Motorsport Gaming November 26, 2024 Technical Indicators
Most technical analysis of Motorsport 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 Motorsport from various momentum indicators to cycle indicators. When you analyze Motorsport 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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| Risk Adjusted Performance | 0.0272 | |||
| Market Risk Adjusted Performance | (6.02) | |||
| Mean Deviation | 3.92 | |||
| Semi Deviation | 4.57 | |||
| Downside Deviation | 4.95 | |||
| Coefficient Of Variation | 4165.82 | |||
| Standard Deviation | 6.82 | |||
| Variance | 46.51 | |||
| Information Ratio | 0.0051 | |||
| Jensen Alpha | 0.1567 | |||
| Total Risk Alpha | (0.90) | |||
| Sortino Ratio | 0.0071 | |||
| Treynor Ratio | (6.03) | |||
| Maximum Drawdown | 49.88 | |||
| Value At Risk | (8.22) | |||
| Potential Upside | 9.45 | |||
| Downside Variance | 24.48 | |||
| Semi Variance | 20.92 | |||
| Expected Short fall | (4.62) | |||
| Skewness | 3.18 | |||
| Kurtosis | 17.48 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Motorsport Gaming Us. 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Motorsport Gaming. If investors know Motorsport will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Motorsport Gaming listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 2.06 | Revenue Per Share 3.076 | Quarterly Revenue Growth 0.082 | Return On Assets (0.49) | Return On Equity (0.14) |
The market value of Motorsport Gaming is measured differently than its book value, which is the value of Motorsport that is recorded on the company's balance sheet. Investors also form their own opinion of Motorsport Gaming's value that differs from its market value or its book value, called intrinsic value, which is Motorsport Gaming's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Motorsport Gaming's market value can be influenced by many factors that don't directly affect Motorsport Gaming's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Motorsport Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine if Motorsport Gaming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Motorsport Gaming's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.