Tandy Leather Factory Stock Technical Analysis
| TLF Stock | USD 4.80 0.21 4.19% |
As of the 31st of January, Tandy Leather has the Coefficient Of Variation of 1592.56, semi deviation of 1.6, and Risk Adjusted Performance of 0.0601. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tandy Leather Factory, as well as the relationship between them. Please validate Tandy Leather Factory variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Tandy Leather is priced more or less accurately, providing market reflects its prevalent price of 4.8 per share. Given that Tandy Leather Factory has jensen alpha of 0.2246, we advise you to double-check Tandy Leather Factory's current market performance to make sure the company can sustain itself at a future point.
Tandy Leather Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Tandy, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TandyTandy |
Tandy Leather Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 5.51 | Strong Sell | 0 | Odds |
Most Tandy 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 Tandy stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Tandy Leather Factory, talking to its executives and customers, or listening to Tandy conference calls.
Tandy Analyst Advice DetailsTandy Leather 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.
Tandy Leather Factory 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 Tandy Leather Factory volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Tandy Leather Factory Trend Analysis
Use this graph to draw trend lines for Tandy Leather Factory. You can use it to identify possible trend reversals for Tandy Leather 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 Tandy Leather price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Tandy Leather Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Tandy Leather Factory applied against its price change over selected period. The best fit line has a slop of 0.01 , which may imply that Tandy Leather Factory will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 3.56, which is the sum of squared deviations for the predicted Tandy Leather price change compared to its average price change.About Tandy Leather 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 Tandy Leather Factory 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 Tandy Leather Factory based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Tandy Leather Factory price pattern first instead of the macroeconomic environment surrounding Tandy Leather Factory. By analyzing Tandy Leather'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 Tandy Leather'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 Tandy Leather specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 3.05 | 2.45 | 2.82 | PTB Ratio | 0.69 | 0.63 | 0.73 |
Tandy Leather January 31, 2025 Technical Indicators
Most technical analysis of Tandy 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 Tandy from various momentum indicators to cycle indicators. When you analyze Tandy 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 | 0.0601 | |||
| Market Risk Adjusted Performance | (1.90) | |||
| Mean Deviation | 1.85 | |||
| Semi Deviation | 1.6 | |||
| Downside Deviation | 1.88 | |||
| Coefficient Of Variation | 1592.56 | |||
| Standard Deviation | 3.58 | |||
| Variance | 12.78 | |||
| Information Ratio | 0.0348 | |||
| Jensen Alpha | 0.2246 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0661 | |||
| Treynor Ratio | (1.91) | |||
| Maximum Drawdown | 24.49 | |||
| Value At Risk | (3.29) | |||
| Potential Upside | 3.02 | |||
| Downside Variance | 3.55 | |||
| Semi Variance | 2.56 | |||
| Expected Short fall | (2.87) | |||
| Skewness | 4.04 | |||
| Kurtosis | 20.88 |
Complementary Tools for Tandy Stock analysis
When running Tandy Leather's price analysis, check to measure Tandy Leather'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 Tandy Leather is operating at the current time. Most of Tandy Leather's value examination focuses on studying past and present price action to predict the probability of Tandy Leather's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tandy Leather's price. Additionally, you may evaluate how the addition of Tandy Leather to your portfolios can decrease your overall portfolio volatility.
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