Atrenew Inc Drc Stock Technical Analysis
| RERE Stock | USD 2.83 0.03 1.07% |
As of the 25th of November, ATRenew shows the mean deviation of 2.96, and Risk Adjusted Performance of 0.0605. Relative to fundamental indicators, the technical analysis model gives you tools to check practical technical drivers of ATRenew, as well as the relationship between them. Please confirm ATRenew Inc DRC information ratio, value at risk, as well as the relationship between the Value At Risk and expected short fall to decide if ATRenew Inc DRC is priced some-what accurately, providing market reflects its regular price of 2.83 per share. Please also double-check ATRenew Inc DRC total risk alpha, which is currently at (0.38) to validate the company can sustain itself at some point in the future.
ATRenew Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ATRenew, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ATRenewATRenew |
ATRenew Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 11.13 | Strong Buy | 1 | Odds |
Most ATRenew 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 ATRenew stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of ATRenew Inc DRC, talking to its executives and customers, or listening to ATRenew conference calls.
ATRenew 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.
ATRenew Inc DRC Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 ATRenew Inc DRC volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ATRenew Inc DRC Trend Analysis
Use this graph to draw trend lines for ATRenew Inc DRC. You can use it to identify possible trend reversals for ATRenew 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 ATRenew price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ATRenew Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ATRenew Inc DRC applied against its price change over selected period. The best fit line has a slop of 0 , which means ATRenew Inc DRC will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.41, which is the sum of squared deviations for the predicted ATRenew price change compared to its average price change.About ATRenew 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 ATRenew Inc DRC 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 ATRenew Inc DRC based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ATRenew Inc DRC price pattern first instead of the macroeconomic environment surrounding ATRenew Inc DRC. By analyzing ATRenew'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 ATRenew'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 ATRenew specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 138.83 | 103.59 | 19.42 | 18.45 | Days Of Inventory On Hand | 30.47 | 20.83 | 35.91 | 37.7 |
ATRenew November 25, 2024 Technical Indicators
Most technical analysis of ATRenew 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 ATRenew from various momentum indicators to cycle indicators. When you analyze ATRenew 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 | 0.0605 | |||
| Market Risk Adjusted Performance | 0.7431 | |||
| Mean Deviation | 2.96 | |||
| Semi Deviation | 3.2 | |||
| Downside Deviation | 3.4 | |||
| Coefficient Of Variation | 1464.01 | |||
| Standard Deviation | 4.12 | |||
| Variance | 17.01 | |||
| Information Ratio | 0.0366 | |||
| Jensen Alpha | 0.2269 | |||
| Total Risk Alpha | (0.38) | |||
| Sortino Ratio | 0.0443 | |||
| Treynor Ratio | 0.7331 | |||
| Maximum Drawdown | 20.09 | |||
| Value At Risk | (5.08) | |||
| Potential Upside | 8.2 | |||
| Downside Variance | 11.58 | |||
| Semi Variance | 10.27 | |||
| Expected Short fall | (3.43) | |||
| Skewness | 1.05 | |||
| Kurtosis | 2.2 |
Complementary Tools for ATRenew Stock analysis
When running ATRenew's price analysis, check to measure ATRenew'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 ATRenew is operating at the current time. Most of ATRenew's value examination focuses on studying past and present price action to predict the probability of ATRenew's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATRenew's price. Additionally, you may evaluate how the addition of ATRenew to your portfolios can decrease your overall portfolio volatility.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios |