Transcat Stock Technical Analysis
| TRNS Stock | USD 105.04 0.58 0.55% |
As of the 28th of November, Transcat has the Variance of 10.01, coefficient of variation of (1,485), and Risk Adjusted Performance of (0.04). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Transcat, as well as the relationship between them. Please validate Transcat mean deviation and maximum drawdown to decide if Transcat is priced more or less accurately, providing market reflects its prevalent price of 105.04 per share. Given that Transcat has information ratio of (0.11), we advise you to double-check Transcat's current market performance to make sure the company can sustain itself at a future point.
Transcat Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Transcat, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TranscatTranscat |
Transcat Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 106.17 | Buy | 4 | Odds |
Most Transcat 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 Transcat stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Transcat, talking to its executives and customers, or listening to Transcat conference calls.
Transcat 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.
Transcat Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Transcat volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Transcat Trend Analysis
Use this graph to draw trend lines for Transcat. You can use it to identify possible trend reversals for Transcat 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 Transcat price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Transcat Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Transcat applied against its price change over selected period. The best fit line has a slop of 0.42 , which may suggest that Transcat market price will keep on failing further. It has 122 observation points and a regression sum of squares at 6520.62, which is the sum of squared deviations for the predicted Transcat price change compared to its average price change.About Transcat 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 Transcat 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 Transcat based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Transcat price pattern first instead of the macroeconomic environment surrounding Transcat. By analyzing Transcat'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 Transcat'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 Transcat specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2011 | 2017 | 2023 | 2024 (projected) | Days Sales Outstanding | 59.04 | 71.56 | 67.92 | 61.28 | PTB Ratio | 2.02 | 6.58 | 4.08 | 2.17 |
Transcat November 28, 2024 Technical Indicators
Most technical analysis of Transcat 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 Transcat from various momentum indicators to cycle indicators. When you analyze Transcat 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 | (0.04) | |||
| Market Risk Adjusted Performance | (0.10) | |||
| Mean Deviation | 2.06 | |||
| Coefficient Of Variation | (1,485) | |||
| Standard Deviation | 3.16 | |||
| Variance | 10.01 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | (0.45) | |||
| Total Risk Alpha | (0.70) | |||
| Treynor Ratio | (0.11) | |||
| Maximum Drawdown | 21.03 | |||
| Value At Risk | (4.27) | |||
| Potential Upside | 3.69 | |||
| Skewness | (2.17) | |||
| Kurtosis | 10.82 |
Additional Tools for Transcat Stock Analysis
When running Transcat's price analysis, check to measure Transcat'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 Transcat is operating at the current time. Most of Transcat's value examination focuses on studying past and present price action to predict the probability of Transcat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Transcat's price. Additionally, you may evaluate how the addition of Transcat to your portfolios can decrease your overall portfolio volatility.