Vnet Group Drc Stock Technical Analysis
| VNET Stock | USD 3.74 0.59 13.63% |
As of the 22nd of November, VNET Group has the risk adjusted performance of 0.183, and Coefficient Of Variation of 437.86. In connection with fundamental indicators, the technical analysis model makes it possible for you to check practical technical drivers of VNET Group DRC, as well as the relationship between them.
VNET Group Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as VNET, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to VNETVNET |
VNET Group Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 4.49 | Strong Buy | 9 | Odds |
Most VNET 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 VNET stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of VNET Group DRC, talking to its executives and customers, or listening to VNET conference calls.
VNET Group 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.
VNET Group DRC 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 VNET Group DRC volatility. High ATR values indicate high volatility, and low values indicate low volatility.
VNET Group DRC Trend Analysis
Use this graph to draw trend lines for VNET Group DRC. You can use it to identify possible trend reversals for VNET Group 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 VNET Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.VNET Group Best Fit Change Line
The following chart estimates an ordinary least squares regression model for VNET Group DRC applied against its price change over selected period. The best fit line has a slop of 0.01 , which means VNET Group DRC will continue generating value for investors. It has 122 observation points and a regression sum of squares at 5.79, which is the sum of squared deviations for the predicted VNET Group price change compared to its average price change.About VNET Group 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 VNET Group DRC 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 VNET Group DRC based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on VNET Group DRC price pattern first instead of the macroeconomic environment surrounding VNET Group DRC. By analyzing VNET Group'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 VNET Group'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 VNET Group specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Dividend Yield | 2.82E-4 | 2.5E-4 | Price To Sales Ratio | 0.41 | 0.39 |
VNET Group November 22, 2024 Technical Indicators
Most technical analysis of VNET 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 VNET from various momentum indicators to cycle indicators. When you analyze VNET 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 | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.183 | |||
| Market Risk Adjusted Performance | 1.13 | |||
| Mean Deviation | 4.86 | |||
| Semi Deviation | 4.96 | |||
| Downside Deviation | 5.45 | |||
| Coefficient Of Variation | 437.86 | |||
| Standard Deviation | 6.36 | |||
| Variance | 40.41 | |||
| Information Ratio | 0.2112 | |||
| Jensen Alpha | 1.31 | |||
| Total Risk Alpha | 0.6127 | |||
| Sortino Ratio | 0.2464 | |||
| Treynor Ratio | 1.12 | |||
| Maximum Drawdown | 34.5 | |||
| Value At Risk | (8.56) | |||
| Potential Upside | 12.1 | |||
| Downside Variance | 29.68 | |||
| Semi Variance | 24.56 | |||
| Expected Short fall | (6.01) | |||
| Skewness | 0.18 | |||
| Kurtosis | 0.697 |
Additional Tools for VNET Stock Analysis
When running VNET Group's price analysis, check to measure VNET Group'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 VNET Group is operating at the current time. Most of VNET Group's value examination focuses on studying past and present price action to predict the probability of VNET Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VNET Group's price. Additionally, you may evaluate how the addition of VNET Group to your portfolios can decrease your overall portfolio volatility.