Enterprise Bancorp Stock Technical Analysis
EBTC Stock | USD 23.97 0.47 2.00% |
As of the 20th of April, Enterprise Bancorp shows the Standard Deviation of 1.96, variance of 3.83, and Mean Deviation of 1.48. Enterprise Bancorp technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate and analyze data for thirteen technical drivers for Enterprise Bancorp, which can be compared to its peers. Please confirm Enterprise Bancorp standard deviation, as well as the relationship between the treynor ratio and potential upside to decide if Enterprise Bancorp is priced favorably, providing market reflects its regular price of 23.97 per share. Given that Enterprise Bancorp has information ratio of (0.15), we urge you to verify Enterprise Bancorp's prevailing market performance to make sure the company can sustain itself at a future point.
Enterprise Bancorp Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Enterprise, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EnterpriseEnterprise |
Enterprise Bancorp 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.
Enterprise Bancorp Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Enterprise Bancorp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Enterprise Bancorp Trend Analysis
Use this graph to draw trend lines for Enterprise Bancorp. You can use it to identify possible trend reversals for Enterprise Bancorp 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 Enterprise Bancorp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Enterprise Bancorp Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Enterprise Bancorp applied against its price change over selected period. The best fit line has a slop of 0.09 , which may suggest that Enterprise Bancorp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 292.01, which is the sum of squared deviations for the predicted Enterprise Bancorp price change compared to its average price change.About Enterprise Bancorp 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 Enterprise Bancorp 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 Enterprise Bancorp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Enterprise Bancorp price pattern first instead of the macroeconomic environment surrounding Enterprise Bancorp. By analyzing Enterprise Bancorp'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 Enterprise Bancorp'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 Enterprise Bancorp specific price patterns or momentum indicators. Please read more on our technical analysis page.
Enterprise Bancorp April 20, 2024 Technical Indicators
Most technical analysis of Enterprise 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 Enterprise from various momentum indicators to cycle indicators. When you analyze Enterprise 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 | (0.06) | |||
Market Risk Adjusted Performance | (0.11) | |||
Mean Deviation | 1.48 | |||
Coefficient Of Variation | (926.35) | |||
Standard Deviation | 1.96 | |||
Variance | 3.83 | |||
Information Ratio | (0.15) | |||
Jensen Alpha | (0.36) | |||
Total Risk Alpha | (0.46) | |||
Treynor Ratio | (0.12) | |||
Maximum Drawdown | 11.03 | |||
Value At Risk | (3.39) | |||
Potential Upside | 3.15 | |||
Skewness | (0.24) | |||
Kurtosis | 0.846 |
Enterprise Bancorp April 20, 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 Enterprise 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 | 1,305 | ||
Daily Balance Of Power | 0.48 | ||
Rate Of Daily Change | 1.02 | ||
Day Median Price | 23.50 | ||
Day Typical Price | 23.65 | ||
Price Action Indicator | 0.71 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enterprise Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Enterprise Stock refer to our How to Trade Enterprise Stock guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Enterprise Stock analysis
When running Enterprise Bancorp's price analysis, check to measure Enterprise Bancorp'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 Enterprise Bancorp is operating at the current time. Most of Enterprise Bancorp's value examination focuses on studying past and present price action to predict the probability of Enterprise Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enterprise Bancorp's price. Additionally, you may evaluate how the addition of Enterprise Bancorp to your portfolios can decrease your overall portfolio volatility.
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Transaction History View history of all your transactions and understand their impact on performance | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities |
Is Enterprise Bancorp's industry 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 Enterprise Bancorp. If investors know Enterprise 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 Enterprise Bancorp 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 (0.36) | Dividend Share 0.92 | Earnings Share 3.11 | Revenue Per Share 13.208 | Quarterly Revenue Growth (0.11) |
The market value of Enterprise Bancorp is measured differently than its book value, which is the value of Enterprise that is recorded on the company's balance sheet. Investors also form their own opinion of Enterprise Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Enterprise Bancorp'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 Enterprise Bancorp's market value can be influenced by many factors that don't directly affect Enterprise Bancorp'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 Enterprise Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enterprise Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enterprise Bancorp'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.