Symbotic Stock Technical Analysis
| SYM Stock | USD 36.27 0.04 0.11% |
As of the 22nd of November, Symbotic has the Coefficient Of Variation of 809.03, semi deviation of 3.96, and Risk Adjusted Performance of 0.103. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Symbotic, as well as the relationship between them. Please validate Symbotic standard deviation, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if Symbotic is priced more or less accurately, providing market reflects its prevalent price of 36.27 per share. Given that Symbotic has jensen alpha of 0.4951, we advise you to double-check Symbotic's current market performance to make sure the company can sustain itself at a future point.
Symbotic Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Symbotic, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SymboticSymbotic |
Symbotic Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 54.54 | Strong Buy | 17 | Odds |
Most Symbotic 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 Symbotic stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Symbotic, talking to its executives and customers, or listening to Symbotic conference calls.
Symbotic 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.
Symbotic Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Symbotic volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Symbotic Trend Analysis
Use this graph to draw trend lines for Symbotic. You can use it to identify possible trend reversals for Symbotic 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 Symbotic price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Symbotic Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Symbotic applied against its price change over selected period. The best fit line has a slop of 0.27 , which may imply that Symbotic will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 2830.15, which is the sum of squared deviations for the predicted Symbotic price change compared to its average price change.About Symbotic 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 Symbotic 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 Symbotic based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Symbotic price pattern first instead of the macroeconomic environment surrounding Symbotic. By analyzing Symbotic'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 Symbotic'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 Symbotic specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2010 | 2022 | 2023 | 2024 (projected) | Current Ratio | 1.16 | 0.97 | 1.11 | 1.2 | Intangibles To Total Assets | 0.00103 | 2.07E-4 | 2.38E-4 | 2.26E-4 |
Symbotic November 22, 2024 Technical Indicators
Most technical analysis of Symbotic 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 Symbotic from various momentum indicators to cycle indicators. When you analyze Symbotic 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 | 0.103 | |||
| Market Risk Adjusted Performance | 0.3206 | |||
| Mean Deviation | 4.03 | |||
| Semi Deviation | 3.96 | |||
| Downside Deviation | 4.65 | |||
| Coefficient Of Variation | 809.03 | |||
| Standard Deviation | 5.97 | |||
| Variance | 35.69 | |||
| Information Ratio | 0.1053 | |||
| Jensen Alpha | 0.4951 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.1352 | |||
| Treynor Ratio | 0.3106 | |||
| Maximum Drawdown | 34.63 | |||
| Value At Risk | (6.95) | |||
| Potential Upside | 8.8 | |||
| Downside Variance | 21.65 | |||
| Semi Variance | 15.66 | |||
| Expected Short fall | (4.34) | |||
| Skewness | 1.71 | |||
| Kurtosis | 6.11 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Symbotic. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. To learn how to invest in Symbotic Stock, please use our How to Invest in Symbotic guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Industrial Machinery & Supplies & Components 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 Symbotic. If investors know Symbotic 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 Symbotic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.08) | Revenue Per Share 18.861 | Quarterly Revenue Growth 0.577 | Return On Assets (0.05) | Return On Equity (0.57) |
The market value of Symbotic is measured differently than its book value, which is the value of Symbotic that is recorded on the company's balance sheet. Investors also form their own opinion of Symbotic's value that differs from its market value or its book value, called intrinsic value, which is Symbotic's 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 Symbotic's market value can be influenced by many factors that don't directly affect Symbotic's 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 Symbotic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Symbotic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Symbotic's 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.