Scorpio Tankers Stock Technical Analysis
| STNG Stock | USD 51.76 0.98 1.86% |
As of the 25th of November, Scorpio Tankers has the Risk Adjusted Performance of (0.17), variance of 3.17, and Coefficient Of Variation of (433.46). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Scorpio Tankers, as well as the relationship between them. Please validate Scorpio Tankers market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Scorpio Tankers is priced more or less accurately, providing market reflects its prevalent price of 51.76 per share. Given that Scorpio Tankers has information ratio of (0.30), we advise you to double-check Scorpio Tankers's current market performance to make sure the company can sustain itself at a future point.
Scorpio Tankers Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Scorpio, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ScorpioScorpio |
Scorpio Tankers Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 72.26 | Strong Buy | 11 | Odds |
Most Scorpio 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 Scorpio stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Scorpio Tankers, talking to its executives and customers, or listening to Scorpio conference calls.
Scorpio Tankers 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.
Scorpio Tankers Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 Scorpio Tankers volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Scorpio Tankers Trend Analysis
Use this graph to draw trend lines for Scorpio Tankers. You can use it to identify possible trend reversals for Scorpio Tankers 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 Scorpio Tankers price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Scorpio Tankers Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Scorpio Tankers applied against its price change over selected period. The best fit line has a slop of 0.32 , which may suggest that Scorpio Tankers market price will keep on failing further. It has 122 observation points and a regression sum of squares at 3984.76, which is the sum of squared deviations for the predicted Scorpio Tankers price change compared to its average price change.About Scorpio Tankers 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 Scorpio Tankers 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 Scorpio Tankers based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Scorpio Tankers price pattern first instead of the macroeconomic environment surrounding Scorpio Tankers. By analyzing Scorpio Tankers'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 Scorpio Tankers'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 Scorpio Tankers specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0333 | 0.007818 | 0.0181 | 0.0172 | Price To Sales Ratio | 1.3 | 1.91 | 2.37 | 2.73 |
Scorpio Tankers November 25, 2024 Technical Indicators
Most technical analysis of Scorpio 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 Scorpio from various momentum indicators to cycle indicators. When you analyze Scorpio 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 | (0.17) | |||
| Market Risk Adjusted Performance | (0.96) | |||
| Mean Deviation | 1.45 | |||
| Coefficient Of Variation | (433.46) | |||
| Standard Deviation | 1.78 | |||
| Variance | 3.17 | |||
| Information Ratio | (0.30) | |||
| Jensen Alpha | (0.47) | |||
| Total Risk Alpha | (0.70) | |||
| Treynor Ratio | (0.97) | |||
| Maximum Drawdown | 7.73 | |||
| Value At Risk | (3.23) | |||
| Potential Upside | 1.99 | |||
| Skewness | (0.58) | |||
| Kurtosis | (0.18) |
Scorpio Tankers November 25, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Scorpio stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 21,424 | ||
| Daily Balance Of Power | (0.82) | ||
| Rate Of Daily Change | 0.98 | ||
| Day Median Price | 52.04 | ||
| Day Typical Price | 51.94 | ||
| Price Action Indicator | (0.77) |
Complementary Tools for Scorpio Stock analysis
When running Scorpio Tankers' price analysis, check to measure Scorpio Tankers' 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 Scorpio Tankers is operating at the current time. Most of Scorpio Tankers' value examination focuses on studying past and present price action to predict the probability of Scorpio Tankers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scorpio Tankers' price. Additionally, you may evaluate how the addition of Scorpio Tankers to your portfolios can decrease your overall portfolio volatility.
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