Rex American Resources Stock Technical Analysis
REX Stock | USD 55.30 1.85 3.24% |
As of the 19th of April, REX American holds the Risk Adjusted Performance of 0.0631, coefficient of variation of 1134.3, and Semi Deviation of 1.82. Concerning fundamental indicators, the technical analysis model allows you to check practical technical drivers of REX American, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for REX American Resources, which can be compared to its competitors. Please check REX American Resources standard deviation, as well as the relationship between the value at risk and kurtosis to decide if REX American Resources is priced more or less accurately, providing market reflects its current price of 55.3 per share. Given that REX American has jensen alpha of 0.2971, we recommend you to check out REX American Resources's recent market performance to make sure the company can sustain itself at some point in the future.
REX American Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as REX, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to REXREX |
REX American Analyst Consensus
Target Price | Advice | # of Analysts | |
47.5 | Strong Buy | 1 | Odds |
Most REX 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 REX stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of REX American Resources, talking to its executives and customers, or listening to REX conference calls.
REX American 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.
REX American Resources Technical Analysis
The output start index for this execution was fifty with a total number of output elements of eleven. 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 REX American Resources volatility. High ATR values indicate high volatility, and low values indicate low volatility.
REX American Resources Trend Analysis
Use this graph to draw trend lines for REX American Resources. You can use it to identify possible trend reversals for REX American 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 REX American price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.REX American Best Fit Change Line
The following chart estimates an ordinary least squares regression model for REX American Resources applied against its price change over selected period. The best fit line has a slop of 0.29 , which may imply that REX American Resources will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 3242.04, which is the sum of squared deviations for the predicted REX American price change compared to its average price change.About REX American 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 REX American Resources 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 REX American Resources based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on REX American Resources price pattern first instead of the macroeconomic environment surrounding REX American Resources. By analyzing REX American'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 REX American'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 REX American specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2024 (projected) | Days Sales Outstanding | 15.31 | 7.12 | PTB Ratio | 1.34 | 1.22 |
REX American April 19, 2024 Technical Indicators
Most technical analysis of REX 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 REX from various momentum indicators to cycle indicators. When you analyze REX 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 | 0.0631 | |||
Market Risk Adjusted Performance | 0.2499 | |||
Mean Deviation | 1.98 | |||
Semi Deviation | 1.82 | |||
Downside Deviation | 2.07 | |||
Coefficient Of Variation | 1134.3 | |||
Standard Deviation | 4.57 | |||
Variance | 20.91 | |||
Information Ratio | 0.0732 | |||
Jensen Alpha | 0.2971 | |||
Total Risk Alpha | (0.04) | |||
Sortino Ratio | 0.162 | |||
Treynor Ratio | 0.2399 | |||
Maximum Drawdown | 37.22 | |||
Value At Risk | (3.54) | |||
Potential Upside | 3.05 | |||
Downside Variance | 4.27 | |||
Semi Variance | 3.3 | |||
Expected Short fall | (2.57) | |||
Skewness | 6.02 | |||
Kurtosis | 44.3 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in REX American Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the REX American Resources information on this page should be used as a complementary analysis to other REX American's 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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for REX Stock analysis
When running REX American's price analysis, check to measure REX American'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 REX American is operating at the current time. Most of REX American's value examination focuses on studying past and present price action to predict the probability of REX American's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move REX American's price. Additionally, you may evaluate how the addition of REX American to your portfolios can decrease your overall portfolio volatility.
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Is REX American'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 REX American. If investors know REX 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 REX American 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 1.494 | Earnings Share 3.47 | Revenue Per Share 47.671 | Quarterly Revenue Growth (0.06) | Return On Assets 0.0692 |
The market value of REX American Resources is measured differently than its book value, which is the value of REX that is recorded on the company's balance sheet. Investors also form their own opinion of REX American's value that differs from its market value or its book value, called intrinsic value, which is REX American'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 REX American's market value can be influenced by many factors that don't directly affect REX American'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 REX American's value and its price as these two are different measures arrived at by different means. Investors typically determine if REX American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, REX American'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.