Sound Point Acquisition Stock Technical Analysis
SPCMWDelisted Stock | USD 0.01 0.03 87.25% |
As of the 24th of November, Sound Point has the Coefficient Of Variation of 1107.7, risk adjusted performance of 0.079, and Semi Deviation of 27.49. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sound Point Acquisition, as well as the relationship between them. Please validate Sound Point Acquisition jensen alpha and semi variance to decide if Sound Point is priced more or less accurately, providing market reflects its prevalent price of 0.0051 per share. As Sound Point Acquisition appears to be a penny stock we also recommend to double-check its total risk alpha numbers.
Sound Point Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Sound, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SoundSound |
Sound Point 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, delisted stock market cycles, or different charting patterns.
Sound Point Acquisition Technical Analysis
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Sound Point Acquisition Trend Analysis
Use this graph to draw trend lines for Sound Point Acquisition. You can use it to identify possible trend reversals for Sound Point 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 Sound Point price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Sound Point Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Sound Point Acquisition applied against its price change over selected period. The best fit line has a slop of 0.0022 , which may suggest that Sound Point Acquisition market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.19, which is the sum of squared deviations for the predicted Sound Point price change compared to its average price change.About Sound Point 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 Sound Point Acquisition 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 Sound Point Acquisition based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Sound Point Acquisition price pattern first instead of the macroeconomic environment surrounding Sound Point Acquisition. By analyzing Sound Point'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 Sound Point'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 Sound Point specific price patterns or momentum indicators. Please read more on our technical analysis page.
Sound Point November 24, 2024 Technical Indicators
Most technical analysis of Sound 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 Sound from various momentum indicators to cycle indicators. When you analyze Sound 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 | 0.079 | |||
Market Risk Adjusted Performance | (0.63) | |||
Mean Deviation | 25.61 | |||
Semi Deviation | 27.49 | |||
Downside Deviation | 36.34 | |||
Coefficient Of Variation | 1107.7 | |||
Standard Deviation | 37.52 | |||
Variance | 1407.86 | |||
Information Ratio | 0.0868 | |||
Jensen Alpha | 4.02 | |||
Total Risk Alpha | (2.53) | |||
Sortino Ratio | 0.0896 | |||
Treynor Ratio | (0.64) | |||
Maximum Drawdown | 163.0 | |||
Value At Risk | (49.83) | |||
Potential Upside | 85.12 | |||
Downside Variance | 1320.24 | |||
Semi Variance | 755.8 | |||
Expected Short fall | (34.56) | |||
Skewness | 0.7751 | |||
Kurtosis | 1.45 |
Check out World Market Map to better understand how to build diversified portfolios. 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Other Consideration for investing in Sound Stock
If you are still planning to invest in Sound Point Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Sound Point's history and understand the potential risks before investing.
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