888 Holdings Stock Technical Analysis
EIHDF Stock | USD 0.97 0.02 2.02% |
As of the 24th of April, 888 Holdings owns the Variance of 5.15, market risk adjusted performance of (0.05), and Information Ratio of (0.06). 888 Holdings technical analysis gives you the methodology to make use of past data patterns to determine a pattern that approximates the direction of the entity's future prices. Strictly speaking, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to break down thirteen technical drivers for 888 Holdings, which can be compared to its peers in the sector. Please confirm 888 Holdings standard deviation, as well as the relationship between the treynor ratio and potential upside to decide if 888 Holdings is priced fairly, providing market reflects its prevailing price of 0.97 per share. Given that 888 Holdings is a hitting penny stock territory we recommend to closely look at its jensen alpha.
888 Holdings Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as 888, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to 888888 |
888 Holdings technical pink sheet 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, pink sheet market cycles, or different charting patterns.
888 Holdings 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 888 Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.
888 Holdings Trend Analysis
Use this graph to draw trend lines for 888 Holdings. You can use it to identify possible trend reversals for 888 Holdings 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 888 Holdings price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.888 Holdings Best Fit Change Line
The following chart estimates an ordinary least squares regression model for 888 Holdings applied against its price change over selected period. The best fit line has a slop of 0.0015 , which may suggest that 888 Holdings market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.08, which is the sum of squared deviations for the predicted 888 Holdings price change compared to its average price change.About 888 Holdings 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 888 Holdings 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 888 Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on 888 Holdings price pattern first instead of the macroeconomic environment surrounding 888 Holdings. By analyzing 888 Holdings'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 888 Holdings'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 888 Holdings specific price patterns or momentum indicators. Please read more on our technical analysis page.
888 Holdings April 24, 2024 Technical Indicators
Most technical analysis of 888 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 888 from various momentum indicators to cycle indicators. When you analyze 888 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) | |||
Market Risk Adjusted Performance | (0.05) | |||
Mean Deviation | 0.9913 | |||
Coefficient Of Variation | (6,321) | |||
Standard Deviation | 2.27 | |||
Variance | 5.15 | |||
Information Ratio | (0.06) | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (0.36) | |||
Treynor Ratio | (0.06) | |||
Maximum Drawdown | 16.71 | |||
Value At Risk | (2.02) | |||
Potential Upside | 4.42 | |||
Skewness | 0.3287 | |||
Kurtosis | 7.28 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 888 Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the 888 Holdings information on this page should be used as a complementary analysis to other 888 Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for 888 Pink Sheet analysis
When running 888 Holdings' price analysis, check to measure 888 Holdings' 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 888 Holdings is operating at the current time. Most of 888 Holdings' value examination focuses on studying past and present price action to predict the probability of 888 Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 888 Holdings' price. Additionally, you may evaluate how the addition of 888 Holdings to your portfolios can decrease your overall portfolio volatility.
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