Shattuck Labs Stock Technical Analysis
| STTK Stock | USD 1.00 0.01 0.99% |
As of the 22nd of November, Shattuck Labs has the Coefficient Of Variation of (704.59), variance of 70.9, and Risk Adjusted Performance of (0.1). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Shattuck Labs, as well as the relationship between them.
Shattuck Labs Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Shattuck, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ShattuckShattuck |
Shattuck Labs Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 12.8 | Buy | 5 | Odds |
Most Shattuck 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 Shattuck stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Shattuck Labs, talking to its executives and customers, or listening to Shattuck conference calls.
Shattuck Labs 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.
Shattuck Labs Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Shattuck Labs volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Shattuck Labs Trend Analysis
Use this graph to draw trend lines for Shattuck Labs. You can use it to identify possible trend reversals for Shattuck Labs 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 Shattuck Labs price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Shattuck Labs Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Shattuck Labs applied against its price change over selected period. The best fit line has a slop of 0.06 , which may suggest that Shattuck Labs market price will keep on failing further. It has 122 observation points and a regression sum of squares at 116.98, which is the sum of squared deviations for the predicted Shattuck Labs price change compared to its average price change.About Shattuck Labs 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 Shattuck Labs 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 Shattuck Labs based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Shattuck Labs price pattern first instead of the macroeconomic environment surrounding Shattuck Labs. By analyzing Shattuck Labs'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 Shattuck Labs'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 Shattuck Labs specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Current Ratio | 11.72 | 7.39 | 12.51 | 7.66 | Net Debt To EBITDA | 2.1 | 0.43 | 1.39 | 1.32 |
Shattuck Labs November 22, 2024 Technical Indicators
Most technical analysis of Shattuck 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 Shattuck from various momentum indicators to cycle indicators. When you analyze Shattuck 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 | (0.1) | |||
| Market Risk Adjusted Performance | (2.26) | |||
| Mean Deviation | 4.97 | |||
| Coefficient Of Variation | (704.59) | |||
| Standard Deviation | 8.42 | |||
| Variance | 70.9 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (1.26) | |||
| Total Risk Alpha | (2.30) | |||
| Treynor Ratio | (2.27) | |||
| Maximum Drawdown | 52.02 | |||
| Value At Risk | (9.82) | |||
| Potential Upside | 7.03 | |||
| Skewness | (3.07) | |||
| Kurtosis | 13.95 |
Shattuck Labs November 22, 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 Shattuck 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 | 30,978 | ||
| Daily Balance Of Power | (0.12) | ||
| Rate Of Daily Change | 0.99 | ||
| Day Median Price | 0.98 | ||
| Day Typical Price | 0.99 | ||
| Price Action Indicator | 0.02 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shattuck Labs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Shattuck Stock please use our How to buy in Shattuck Stock guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Biotechnology 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 Shattuck Labs. If investors know Shattuck 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 Shattuck Labs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.53) | Revenue Per Share 0.088 | Quarterly Revenue Growth 7.045 | Return On Assets (0.40) | Return On Equity (0.68) |
The market value of Shattuck Labs is measured differently than its book value, which is the value of Shattuck that is recorded on the company's balance sheet. Investors also form their own opinion of Shattuck Labs' value that differs from its market value or its book value, called intrinsic value, which is Shattuck Labs' 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 Shattuck Labs' market value can be influenced by many factors that don't directly affect Shattuck Labs' 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 Shattuck Labs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Shattuck Labs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shattuck Labs' 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.