Full Truck Alliance Stock Technical Analysis
YMM Stock | USD 9.37 0.33 3.40% |
As of the 24th of November, Full Truck shows the Downside Deviation of 2.34, mean deviation of 2.33, and Coefficient Of Variation of 914.94. In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of Full Truck, as well as the relationship between them. Please confirm Full Truck Alliance variance and potential upside to decide if Full Truck Alliance is priced favorably, providing market reflects its regular price of 9.37 per share. Given that Full Truck has jensen alpha of 0.2861, we urge you to verify Full Truck Alliance's prevailing market performance to make sure the company can sustain itself at a future point.
Full Truck Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Full, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FullFull |
Full Truck Analyst Consensus
Target Price | Advice | # of Analysts | |
10.8 | Strong Buy | 12 | Odds |
Most Full 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 Full stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Full Truck Alliance, talking to its executives and customers, or listening to Full conference calls.
Full Truck 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.
Full Truck Alliance 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 Full Truck Alliance volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Full Truck Alliance Trend Analysis
Use this graph to draw trend lines for Full Truck Alliance. You can use it to identify possible trend reversals for Full Truck 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 Full Truck price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Full Truck Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Full Truck Alliance applied against its price change over selected period. The best fit line has a slop of 0.03 , which may imply that Full Truck Alliance will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 35.86, which is the sum of squared deviations for the predicted Full Truck price change compared to its average price change.About Full Truck 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 Full Truck Alliance 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 Full Truck Alliance based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Full Truck Alliance price pattern first instead of the macroeconomic environment surrounding Full Truck Alliance. By analyzing Full Truck'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 Full Truck'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 Full Truck specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 2.84 | 144.27 | 1.01 | 0.96 | PTB Ratio | 1.14 | 1.76 | 1.55 | 1.47 |
Full Truck November 24, 2024 Technical Indicators
Most technical analysis of Full 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 Full from various momentum indicators to cycle indicators. When you analyze Full 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 | 0.0916 | |||
Market Risk Adjusted Performance | 0.5803 | |||
Mean Deviation | 2.33 | |||
Semi Deviation | 2.19 | |||
Downside Deviation | 2.34 | |||
Coefficient Of Variation | 914.94 | |||
Standard Deviation | 3.41 | |||
Variance | 11.65 | |||
Information Ratio | 0.071 | |||
Jensen Alpha | 0.2861 | |||
Total Risk Alpha | (0.17) | |||
Sortino Ratio | 0.1036 | |||
Treynor Ratio | 0.5703 | |||
Maximum Drawdown | 16.27 | |||
Value At Risk | (3.79) | |||
Potential Upside | 5.58 | |||
Downside Variance | 5.46 | |||
Semi Variance | 4.79 | |||
Expected Short fall | (3.12) | |||
Skewness | 1.67 | |||
Kurtosis | 5.31 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Full Truck Alliance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Full Truck. If investors know Full will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Full Truck listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.384 | Earnings Share 0.39 | Revenue Per Share 9.282 | Quarterly Revenue Growth 0.341 | Return On Assets 0.0232 |
The market value of Full Truck Alliance is measured differently than its book value, which is the value of Full that is recorded on the company's balance sheet. Investors also form their own opinion of Full Truck's value that differs from its market value or its book value, called intrinsic value, which is Full Truck's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Full Truck's market value can be influenced by many factors that don't directly affect Full Truck's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Full Truck's value and its price as these two are different measures arrived at by different means. Investors typically determine if Full Truck is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Full Truck's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.