Figs Inc Stock Technical Analysis
| FIGS Stock | USD 4.98 0.06 1.22% |
As of the 18th of November 2024, Figs shows the Variance of 22.97, standard deviation of 4.79, and Mean Deviation of 2.94. Figs Inc 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. Please confirm Figs Inc mean deviation, treynor ratio, as well as the relationship between the Treynor Ratio and kurtosis to decide if Figs Inc is priced favorably, providing market reflects its regular price of 4.98 per share. Given that Figs has information ratio of (0.03), we urge you to verify Figs Inc's prevailing market performance to make sure the company can sustain itself at a future point.
Figs Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Figs, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FigsFigs |
Figs Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 8.72 | Buy | 11 | Odds |
Most Figs 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 Figs stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Figs Inc, talking to its executives and customers, or listening to Figs conference calls.
Figs 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.
Figs Inc 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 Figs Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Figs Inc Trend Analysis
Use this graph to draw trend lines for Figs Inc. You can use it to identify possible trend reversals for Figs 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 Figs price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Figs Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Figs Inc applied against its price change over selected period. The best fit line has a slop of 0.0011 , which may suggest that Figs Inc market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.04, which is the sum of squared deviations for the predicted Figs price change compared to its average price change.About Figs 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 Figs Inc 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 Figs Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Figs Inc price pattern first instead of the macroeconomic environment surrounding Figs Inc. By analyzing Figs'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 Figs'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 Figs specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 2.12 | 4.95 | 5.0 | 5.7 | PTB Ratio | 18.43 | 3.61 | 3.1 | 2.94 |
Figs November 18, 2024 Technical Indicators
Most technical analysis of Figs 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 Figs from various momentum indicators to cycle indicators. When you analyze Figs 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 | 0.0062 | |||
| Market Risk Adjusted Performance | (0.02) | |||
| Mean Deviation | 2.94 | |||
| Coefficient Of Variation | (33,982) | |||
| Standard Deviation | 4.79 | |||
| Variance | 22.97 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.64) | |||
| Treynor Ratio | (0.03) | |||
| Maximum Drawdown | 35.29 | |||
| Value At Risk | (4.24) | |||
| Potential Upside | 6.45 | |||
| Skewness | (3.01) | |||
| Kurtosis | 18.09 |
Figs November 18, 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 Figs 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 | 135,213 | ||
| Daily Balance Of Power | 0.29 | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 4.99 | ||
| Day Typical Price | 4.99 | ||
| Price Action Indicator | 0.02 |
Additional Tools for Figs Stock Analysis
When running Figs' price analysis, check to measure Figs' 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 Figs is operating at the current time. Most of Figs' value examination focuses on studying past and present price action to predict the probability of Figs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Figs' price. Additionally, you may evaluate how the addition of Figs to your portfolios can decrease your overall portfolio volatility.