Weave Communications Stock Technical Analysis
| WEAV Stock | USD 13.91 0.47 3.50% |
As of the 24th of November, Weave Communications maintains the Market Risk Adjusted Performance of 0.3643, downside deviation of 2.48, and Mean Deviation of 1.89. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Weave Communications, as well as the relationship between them. Please check out Weave Communications variance, as well as the relationship between the value at risk and skewness to decide if Weave Communications is priced fairly, providing market reflects its latest price of 13.91 per share. Given that Weave Communications has jensen alpha of 0.2751, we strongly advise you to confirm Weave Communications's prevalent market performance to make sure the company can sustain itself at a future point.
Weave Communications Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Weave, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WeaveWeave |
Weave Communications Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 13.43 | Strong Buy | 7 | Odds |
Most Weave 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 Weave stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Weave Communications, talking to its executives and customers, or listening to Weave conference calls.
Weave Communications 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.
Weave Communications 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 Weave Communications volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Weave Communications Trend Analysis
Use this graph to draw trend lines for Weave Communications. You can use it to identify possible trend reversals for Weave Communications 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 Weave Communications price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Weave Communications Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Weave Communications applied against its price change over selected period. The best fit line has a slop of 0.06 , which means Weave Communications will continue generating value for investors. It has 122 observation points and a regression sum of squares at 128.07, which is the sum of squared deviations for the predicted Weave Communications price change compared to its average price change.About Weave Communications 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 Weave Communications 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 Weave Communications based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Weave Communications price pattern first instead of the macroeconomic environment surrounding Weave Communications. By analyzing Weave Communications'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 Weave Communications'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 Weave Communications specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 9.64 | 8.47 | 7.52 | 12.17 | PTB Ratio | 8.69 | 3.62 | 9.83 | 15.88 |
Weave Communications November 24, 2024 Technical Indicators
Most technical analysis of Weave 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 Weave from various momentum indicators to cycle indicators. When you analyze Weave 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.
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| Risk Adjusted Performance | 0.1352 | |||
| Market Risk Adjusted Performance | 0.3643 | |||
| Mean Deviation | 1.89 | |||
| Semi Deviation | 2.01 | |||
| Downside Deviation | 2.48 | |||
| Coefficient Of Variation | 598.28 | |||
| Standard Deviation | 2.56 | |||
| Variance | 6.54 | |||
| Information Ratio | 0.116 | |||
| Jensen Alpha | 0.2751 | |||
| Total Risk Alpha | 0.0147 | |||
| Sortino Ratio | 0.1197 | |||
| Treynor Ratio | 0.3543 | |||
| Maximum Drawdown | 14.51 | |||
| Value At Risk | (3.42) | |||
| Potential Upside | 5.05 | |||
| Downside Variance | 6.14 | |||
| Semi Variance | 4.03 | |||
| Expected Short fall | (2.03) | |||
| Skewness | 0.323 | |||
| Kurtosis | 0.8976 |
Additional Tools for Weave Stock Analysis
When running Weave Communications' price analysis, check to measure Weave Communications' 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 Weave Communications is operating at the current time. Most of Weave Communications' value examination focuses on studying past and present price action to predict the probability of Weave Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Weave Communications' price. Additionally, you may evaluate how the addition of Weave Communications to your portfolios can decrease your overall portfolio volatility.