Vivani Medical Stock Technical Analysis
VANI Stock | USD 1.34 0.01 0.75% |
As of the 24th of November, Vivani Medical has the Coefficient Of Variation of 8824.01, risk adjusted performance of 0.0162, and Semi Deviation of 2.5. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Vivani Medical, as well as the relationship between them.
Vivani Medical Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Vivani, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to VivaniVivani |
Vivani Medical Analyst Consensus
Target Price | Advice | # of Analysts | |
4.0 | Buy | 2 | Odds |
Most Vivani 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 Vivani stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Vivani Medical, talking to its executives and customers, or listening to Vivani conference calls.
Vivani Medical 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.
Vivani Medical Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Vivani Medical volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Vivani Medical Trend Analysis
Use this graph to draw trend lines for Vivani Medical. You can use it to identify possible trend reversals for Vivani Medical 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 Vivani Medical price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Vivani Medical Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Vivani Medical applied against its price change over selected period. The best fit line has a slop of 0 , which means Vivani Medical will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.17, which is the sum of squared deviations for the predicted Vivani Medical price change compared to its average price change.About Vivani Medical 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 Vivani Medical 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 Vivani Medical based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Vivani Medical price pattern first instead of the macroeconomic environment surrounding Vivani Medical. By analyzing Vivani Medical'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 Vivani Medical'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 Vivani Medical specific price patterns or momentum indicators. Please read more on our technical analysis page.
2023 | 2024 (projected) | Payables Turnover | 0.66 | 0.63 | Days Of Inventory On Hand | 200.71 | 310.98 |
Vivani Medical November 24, 2024 Technical Indicators
Most technical analysis of Vivani 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 Vivani from various momentum indicators to cycle indicators. When you analyze Vivani 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 | 0.0162 | |||
Market Risk Adjusted Performance | 0.0314 | |||
Mean Deviation | 2.11 | |||
Semi Deviation | 2.5 | |||
Downside Deviation | 2.94 | |||
Coefficient Of Variation | 8824.01 | |||
Standard Deviation | 3.08 | |||
Variance | 9.5 | |||
Information Ratio | (0.03) | |||
Jensen Alpha | (0.12) | |||
Total Risk Alpha | (0.46) | |||
Sortino Ratio | (0.03) | |||
Treynor Ratio | 0.0214 | |||
Maximum Drawdown | 20.23 | |||
Value At Risk | (4.24) | |||
Potential Upside | 5.36 | |||
Downside Variance | 8.64 | |||
Semi Variance | 6.23 | |||
Expected Short fall | (2.83) | |||
Skewness | 0.7216 | |||
Kurtosis | 3.19 |
Complementary Tools for Vivani Stock analysis
When running Vivani Medical's price analysis, check to measure Vivani Medical'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 Vivani Medical is operating at the current time. Most of Vivani Medical's value examination focuses on studying past and present price action to predict the probability of Vivani Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vivani Medical's price. Additionally, you may evaluate how the addition of Vivani Medical to your portfolios can decrease your overall portfolio volatility.
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