Yirendai Stock Technical Analysis
YRD Stock | USD 4.67 0.18 3.71% |
As of the 25th of November, Yirendai maintains the Market Risk Adjusted Performance of 1.09, mean deviation of 3.63, and Downside Deviation of 5.75. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Yirendai, as well as the relationship between them. Please check out Yirendai jensen alpha and downside variance to decide if Yirendai is priced fairly, providing market reflects its latest price of 4.67 per share. Given that Yirendai has jensen alpha of 0.2226, we strongly advise you to confirm Yirendai's prevalent market performance to make sure the company can sustain itself at a future point.
Yirendai Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Yirendai, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to YirendaiYirendai |
Yirendai Analyst Consensus
Target Price | Advice | # of Analysts | |
2.03 | Strong Sell | 0 | Odds |
Most Yirendai 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 Yirendai stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Yirendai, talking to its executives and customers, or listening to Yirendai conference calls.
Yirendai Analyst Advice DetailsYirendai 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.
Yirendai Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 Yirendai volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Yirendai Trend Analysis
Use this graph to draw trend lines for Yirendai. You can use it to identify possible trend reversals for Yirendai 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 Yirendai price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Yirendai Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Yirendai applied against its price change over selected period. The best fit line has a slop of 0.02 , which may imply that Yirendai will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 21.05, which is the sum of squared deviations for the predicted Yirendai price change compared to its average price change.About Yirendai 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 Yirendai 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 Yirendai based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Yirendai price pattern first instead of the macroeconomic environment surrounding Yirendai. By analyzing Yirendai'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 Yirendai'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 Yirendai specific price patterns or momentum indicators. Please read more on our technical analysis page.
2023 | 2024 (projected) | Dividend Yield | 0.018 | 0.0204 | Price To Sales Ratio | 0.4 | 0.38 |
Yirendai November 25, 2024 Technical Indicators
Most technical analysis of Yirendai 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 Yirendai from various momentum indicators to cycle indicators. When you analyze Yirendai 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 | 0.0419 | |||
Market Risk Adjusted Performance | 1.09 | |||
Mean Deviation | 3.63 | |||
Semi Deviation | 5.27 | |||
Downside Deviation | 5.75 | |||
Coefficient Of Variation | 2313.25 | |||
Standard Deviation | 6.03 | |||
Variance | 36.35 | |||
Information Ratio | 0.0215 | |||
Jensen Alpha | 0.2226 | |||
Total Risk Alpha | (0.70) | |||
Sortino Ratio | 0.0226 | |||
Treynor Ratio | 1.08 | |||
Maximum Drawdown | 46.34 | |||
Value At Risk | (6.80) | |||
Potential Upside | 8.75 | |||
Downside Variance | 33.05 | |||
Semi Variance | 27.78 | |||
Expected Short fall | (3.89) | |||
Skewness | 1.08 | |||
Kurtosis | 7.99 |
Yirendai November 25, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Yirendai stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 8,387 | ||
Daily Balance Of Power | (0.58) | ||
Rate Of Daily Change | 0.96 | ||
Day Median Price | 4.80 | ||
Day Typical Price | 4.75 | ||
Price Action Indicator | (0.21) |
Complementary Tools for Yirendai Stock analysis
When running Yirendai's price analysis, check to measure Yirendai'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 Yirendai is operating at the current time. Most of Yirendai's value examination focuses on studying past and present price action to predict the probability of Yirendai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yirendai's price. Additionally, you may evaluate how the addition of Yirendai to your portfolios can decrease your overall portfolio volatility.
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