Vnet Group Drc Stock Technical Analysis
VNET Stock | USD 1.55 0.15 8.82% |
As of the 28th of March, VNET Group has the variance of 22.37, and Risk Adjusted Performance of (0.08). In connection with fundamental indicators, the technical analysis model makes it possible for you to check practical technical drivers of VNET Group DRC, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for VNET Group DRC, which can be compared to its competition. Please validate VNET Group DRC standard deviation and value at risk to decide if VNET Group is priced adequately, providing market reflects its prevalent price of 1.55 per share. Please also confirm VNET Group DRC jensen alpha, which is currently at (0.93) to double-check the company can sustain itself at some point in the future.
VNET Group Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as VNET, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to VNETVNET |
VNET Group Analyst Consensus
Target Price | Advice | # of Analysts | |
4.49 | Buy | 8 | Odds |
Most VNET 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 VNET stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of VNET Group DRC, talking to its executives and customers, or listening to VNET conference calls.
VNET Group 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.
VNET Group DRC 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 VNET Group DRC volatility. High ATR values indicate high volatility, and low values indicate low volatility.
VNET Group DRC Trend Analysis
Use this graph to draw trend lines for VNET Group DRC. You can use it to identify possible trend reversals for VNET Group 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 VNET Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.VNET Group Best Fit Change Line
The following chart estimates an ordinary least squares regression model for VNET Group DRC applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that VNET Group DRC market price will keep on failing further. It has 122 observation points and a regression sum of squares at 6.59, which is the sum of squared deviations for the predicted VNET Group price change compared to its average price change.About VNET Group 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 VNET Group DRC 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 VNET Group DRC based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on VNET Group DRC price pattern first instead of the macroeconomic environment surrounding VNET Group DRC. By analyzing VNET Group'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 VNET Group'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 VNET Group specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Cash Conversion Cycle | 80.08 | 74.29 | 66.86 | 46.26 | Cash Ratio | 0.26 | 0.42 | 0.48 | 0.65 |
VNET Group March 28, 2024 Technical Indicators
Most technical analysis of VNET 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 VNET from various momentum indicators to cycle indicators. When you analyze VNET 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 | (0.08) | |||
Market Risk Adjusted Performance | (0.55) | |||
Mean Deviation | 3.5 | |||
Coefficient Of Variation | (629.40) | |||
Standard Deviation | 4.73 | |||
Variance | 22.37 | |||
Information Ratio | (0.19) | |||
Jensen Alpha | (0.93) | |||
Total Risk Alpha | (1.82) | |||
Treynor Ratio | (0.56) | |||
Maximum Drawdown | 21.66 | |||
Value At Risk | (7.65) | |||
Potential Upside | 8.94 | |||
Skewness | 0.27 | |||
Kurtosis | 0.6706 |
VNET Group March 28, 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 VNET 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 | 161,927 | ||
Daily Balance Of Power | (0.94) | ||
Rate Of Daily Change | 0.91 | ||
Day Median Price | 1.62 | ||
Day Typical Price | 1.60 | ||
Price Action Indicator | (0.14) |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in VNET Group DRC. 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 VNET Group DRC information on this page should be used as a complementary analysis to other VNET Group'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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for VNET Stock analysis
When running VNET Group's price analysis, check to measure VNET Group'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 VNET Group is operating at the current time. Most of VNET Group's value examination focuses on studying past and present price action to predict the probability of VNET Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move VNET Group's price. Additionally, you may evaluate how the addition of VNET Group to your portfolios can decrease your overall portfolio volatility.
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Is VNET Group'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 VNET Group. If investors know VNET 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 VNET Group 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 1.333 | Earnings Share (0.25) | Revenue Per Share 49.956 | Quarterly Revenue Growth 0.04 | Return On Assets 0.0049 |
The market value of VNET Group DRC is measured differently than its book value, which is the value of VNET that is recorded on the company's balance sheet. Investors also form their own opinion of VNET Group's value that differs from its market value or its book value, called intrinsic value, which is VNET Group'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 VNET Group's market value can be influenced by many factors that don't directly affect VNET Group'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 VNET Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if VNET Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VNET Group'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.