Mannkind Corp Stock Technical Analysis
| MNKD Stock | USD 4.12 0.03 0.72% |
As of the 16th of April 2024, MannKind Corp secures the Risk Adjusted Performance of 0.0558, mean deviation of 2.76, and Downside Deviation of 3.63. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of MannKind Corp, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to collect data for nineteen technical drivers for MannKind Corp, which can be compared to its peers in the industry. Please verify MannKind Corp treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if MannKind Corp is priced some-what accurately, providing market reflects its recent price of 4.12 per share. Given that MannKind Corp has jensen alpha of 0.1237, we recommend you to check MannKind Corp's last-minute market performance to make sure the company can sustain itself at a future point.
MannKind Corp Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as MannKind, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MannKindMannKind |
MannKind Corp Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 7.25 | Strong Buy | 6 | Odds |
Most MannKind 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 MannKind stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of MannKind Corp, talking to its executives and customers, or listening to MannKind conference calls.
MannKind Corp 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.
MannKind Corp Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 MannKind Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
MannKind Corp Trend Analysis
Use this graph to draw trend lines for MannKind Corp. You can use it to identify possible trend reversals for MannKind Corp 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 MannKind Corp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.MannKind Corp Best Fit Change Line
The following chart estimates an ordinary least squares regression model for MannKind Corp applied against its price change over selected period. The best fit line has a slop of 0.02 , which means MannKind Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 22.77, which is the sum of squared deviations for the predicted MannKind Corp price change compared to its average price change.About MannKind Corp 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 MannKind Corp 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 MannKind Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on MannKind Corp price pattern first instead of the macroeconomic environment surrounding MannKind Corp. By analyzing MannKind Corp'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 MannKind Corp'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 MannKind Corp specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2023 | 2024 (projected) | Dividend Yield | 4.57E-4 | 5.26E-4 | 5.0E-4 | Price To Sales Ratio | 14.44 | 4.89 | 4.64 |
MannKind Corp April 16, 2024 Technical Indicators
Most technical analysis of MannKind 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 MannKind from various momentum indicators to cycle indicators. When you analyze MannKind 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 | 0.0558 | |||
| Market Risk Adjusted Performance | 0.1093 | |||
| Mean Deviation | 2.76 | |||
| Semi Deviation | 3.32 | |||
| Downside Deviation | 3.63 | |||
| Coefficient Of Variation | 1320.15 | |||
| Standard Deviation | 3.61 | |||
| Variance | 13.05 | |||
| Information Ratio | 0.0584 | |||
| Jensen Alpha | 0.1237 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0581 | |||
| Treynor Ratio | 0.0993 | |||
| Maximum Drawdown | 22.01 | |||
| Value At Risk | (4.50) | |||
| Potential Upside | 5.88 | |||
| Downside Variance | 13.2 | |||
| Semi Variance | 11.03 | |||
| Expected Short fall | (3.21) | |||
| Skewness | (0.37) | |||
| Kurtosis | 1.69 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MannKind Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. For information on how to trade MannKind Stock refer to our How to Trade MannKind Stock guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for MannKind Stock analysis
When running MannKind Corp's price analysis, check to measure MannKind Corp'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 MannKind Corp is operating at the current time. Most of MannKind Corp's value examination focuses on studying past and present price action to predict the probability of MannKind Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MannKind Corp's price. Additionally, you may evaluate how the addition of MannKind Corp to your portfolios can decrease your overall portfolio volatility.
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| CEOs Directory Screen CEOs from public companies around the world |
Is MannKind Corp'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 MannKind Corp. If investors know MannKind 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 MannKind Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.04) | Revenue Per Share 0.745 | Quarterly Revenue Growth 0.622 | Return On Assets 0.0172 |
The market value of MannKind Corp is measured differently than its book value, which is the value of MannKind that is recorded on the company's balance sheet. Investors also form their own opinion of MannKind Corp's value that differs from its market value or its book value, called intrinsic value, which is MannKind Corp'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 MannKind Corp's market value can be influenced by many factors that don't directly affect MannKind Corp'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 MannKind Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if MannKind Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MannKind Corp'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.