Qmmm Holdings Limited Stock Technical Analysis
| QMMM Stock | 1.11 0.15 11.90% |
As of the 1st of December, QMMM Holdings holds the risk adjusted performance of (0), and Coefficient Of Variation of (6,579). Concerning fundamental indicators, the technical analysis model allows you to check practical technical drivers of QMMM Holdings, as well as the relationship between them. Please check QMMM Holdings Limited information ratio and skewness to decide if QMMM Holdings Limited is priced more or less accurately, providing market reflects its current price of 1.11 per share. Given that QMMM Holdings is a hitting penny stock territory we advise to closely look at its jensen alpha.
QMMM Holdings Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as QMMM, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to QMMMQMMM |
QMMM Holdings 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.
QMMM Holdings Limited 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 QMMM Holdings Limited volatility. High ATR values indicate high volatility, and low values indicate low volatility.
QMMM Holdings Limited Trend Analysis
Use this graph to draw trend lines for QMMM Holdings Limited. You can use it to identify possible trend reversals for QMMM Holdings 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 QMMM Holdings price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.QMMM Holdings Best Fit Change Line
The following chart estimates an ordinary least squares regression model for QMMM Holdings Limited applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that QMMM Holdings Limited market price will keep on failing further. It has 122 observation points and a regression sum of squares at 41.69, which is the sum of squared deviations for the predicted QMMM Holdings price change compared to its average price change.About QMMM Holdings 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 QMMM Holdings Limited 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 QMMM Holdings Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on QMMM Holdings Limited price pattern first instead of the macroeconomic environment surrounding QMMM Holdings Limited. By analyzing QMMM Holdings'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 QMMM Holdings'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 QMMM Holdings specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2023 | 2024 (projected) | Inventory Turnover | 12.01 | 13.81 | 17.11 | ROIC | 1.3 | 1.64 | 2.08 |
QMMM Holdings December 1, 2024 Technical Indicators
Most technical analysis of QMMM 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 QMMM from various momentum indicators to cycle indicators. When you analyze QMMM 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) | |||
| Market Risk Adjusted Performance | 0.239 | |||
| Mean Deviation | 10.92 | |||
| Coefficient Of Variation | (6,579) | |||
| Standard Deviation | 16.99 | |||
| Variance | 288.62 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (3.10) | |||
| Treynor Ratio | 0.229 | |||
| Maximum Drawdown | 99.97 | |||
| Value At Risk | (26.59) | |||
| Potential Upside | 23.58 | |||
| Skewness | (1.41) | |||
| Kurtosis | 6.31 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in QMMM Holdings Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Advertising 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 QMMM Holdings. If investors know QMMM 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 QMMM Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of QMMM Holdings Limited is measured differently than its book value, which is the value of QMMM that is recorded on the company's balance sheet. Investors also form their own opinion of QMMM Holdings' value that differs from its market value or its book value, called intrinsic value, which is QMMM Holdings' 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 QMMM Holdings' market value can be influenced by many factors that don't directly affect QMMM Holdings' 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 QMMM Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if QMMM Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QMMM Holdings' 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.