Photronics Stock Technical Analysis
| PLAB Stock | USD 23.06 0.24 1.05% |
As of the 30th of January, Photronics holds the Coefficient Of Variation of 321383.13, semi deviation of 2.46, and Risk Adjusted Performance of 0.007. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Photronics, as well as the relationship between them.
Photronics Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Photronics, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PhotronicsPhotronics |
Photronics Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 35.0 | Strong Buy | 1 | Odds |
Most Photronics 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 Photronics stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Photronics, talking to its executives and customers, or listening to Photronics conference calls.
Photronics 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.
Photronics Technical Analysis
The output start index for this execution was thirty with a total number of output elements of thirty-one. 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 Photronics volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Photronics Trend Analysis
Use this graph to draw trend lines for Photronics. You can use it to identify possible trend reversals for Photronics 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 Photronics price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Photronics Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Photronics applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that Photronics market price will keep on failing further. It has 122 observation points and a regression sum of squares at 15.84, which is the sum of squared deviations for the predicted Photronics price change compared to its average price change.About Photronics 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 Photronics 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 Photronics based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Photronics price pattern first instead of the macroeconomic environment surrounding Photronics. By analyzing Photronics'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 Photronics'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 Photronics specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2024 | 2025 (projected) | Dividend Yield | 0.023 | 0.0202 | Price To Sales Ratio | 1.87 | 1.56 |
Photronics January 30, 2025 Technical Indicators
Most technical analysis of Photronics 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 Photronics from various momentum indicators to cycle indicators. When you analyze Photronics 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 | 0.007 | |||
| Market Risk Adjusted Performance | (0.02) | |||
| Mean Deviation | 1.88 | |||
| Semi Deviation | 2.46 | |||
| Downside Deviation | 2.5 | |||
| Coefficient Of Variation | 321383.13 | |||
| Standard Deviation | 2.6 | |||
| Variance | 6.78 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.03) | |||
| Maximum Drawdown | 17.2 | |||
| Value At Risk | (4.10) | |||
| Potential Upside | 4.08 | |||
| Downside Variance | 6.24 | |||
| Semi Variance | 6.05 | |||
| Expected Short fall | (1.88) | |||
| Skewness | 0.8197 | |||
| Kurtosis | 3.87 |
Complementary Tools for Photronics Stock analysis
When running Photronics' price analysis, check to measure Photronics' 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 Photronics is operating at the current time. Most of Photronics' value examination focuses on studying past and present price action to predict the probability of Photronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Photronics' price. Additionally, you may evaluate how the addition of Photronics to your portfolios can decrease your overall portfolio volatility.
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