Newegg Commerce Stock Technical Analysis
NEGG Stock | USD 0.45 0.03 5.77% |
As of the 21st of February, Newegg Commerce secures the Risk Adjusted Performance of (0.05), standard deviation of 4.43, and Mean Deviation of 3.41. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Newegg Commerce, as well as the relationship between them. Please verify Newegg Commerce standard deviation, as well as the relationship between the treynor ratio and potential upside to decide if Newegg Commerce is priced some-what accurately, providing market reflects its recent price of 0.45230001 per share. As Newegg Commerce is a penny stock we also strongly advise to check its jensen alpha numbers.
Newegg Commerce Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Newegg, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NeweggNewegg |
Newegg Commerce Analyst Consensus
Target Price | Advice | # of Analysts | |
3.0 | Strong Sell | 0 | Odds |
Most Newegg 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 Newegg stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Newegg Commerce, talking to its executives and customers, or listening to Newegg conference calls.
Newegg Analyst Advice DetailsNewegg Commerce 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.
Newegg Commerce 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 Newegg Commerce volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Newegg Commerce Trend Analysis
Use this graph to draw trend lines for Newegg Commerce. You can use it to identify possible trend reversals for Newegg Commerce 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 Newegg Commerce price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Newegg Commerce Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Newegg Commerce applied against its price change over selected period. The best fit line has a slop of 0.0027 , which may suggest that Newegg Commerce market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.28, which is the sum of squared deviations for the predicted Newegg Commerce price change compared to its average price change.About Newegg Commerce 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 Newegg Commerce 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 Newegg Commerce based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Newegg Commerce price pattern first instead of the macroeconomic environment surrounding Newegg Commerce. By analyzing Newegg Commerce'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 Newegg Commerce'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 Newegg Commerce specific price patterns or momentum indicators. Please read more on our technical analysis page.
2022 | 2023 | 2024 | 2025 (projected) | |
Payables Turnover | 7.26 | 6.44 | 5.79 | 5.5 |
Days Of Inventory On Hand | 37.87 | 37.39 | 42.99 | 40.84 |
Newegg Commerce February 21, 2025 Technical Indicators
Most technical analysis of Newegg 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 Newegg from various momentum indicators to cycle indicators. When you analyze Newegg 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 | (0.05) | |||
Market Risk Adjusted Performance | (0.57) | |||
Mean Deviation | 3.41 | |||
Coefficient Of Variation | (1,217) | |||
Standard Deviation | 4.43 | |||
Variance | 19.61 | |||
Information Ratio | (0.09) | |||
Jensen Alpha | (0.38) | |||
Total Risk Alpha | (0.42) | |||
Treynor Ratio | (0.58) | |||
Maximum Drawdown | 20.66 | |||
Value At Risk | (6.25) | |||
Potential Upside | 6.67 | |||
Skewness | 0.9653 | |||
Kurtosis | 1.37 |
Complementary Tools for Newegg Stock analysis
When running Newegg Commerce's price analysis, check to measure Newegg Commerce'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 Newegg Commerce is operating at the current time. Most of Newegg Commerce's value examination focuses on studying past and present price action to predict the probability of Newegg Commerce's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newegg Commerce's price. Additionally, you may evaluate how the addition of Newegg Commerce to your portfolios can decrease your overall portfolio volatility.
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