Passage Bio Stock Technical Analysis
PASG Stock | USD 5.56 0.21 3.64% |
As of the 20th of July, Passage Bio holds the Variance of 66.36, risk adjusted performance of (0.01), and Coefficient Of Variation of (4,804). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Passage Bio, as well as the relationship between them. Please check Passage Bio standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if Passage Bio is priced some-what accurately, providing market reflects its current price of 5.56 per share. Given that Passage Bio has information ratio of (0.04), we recommend you to check out Passage Bio's recent market performance to make sure the company can sustain itself at a future point.
Passage Bio Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Passage, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PassagePassage Bio's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.Passage Bio Analyst Consensus
Target Price | Advice | # of Analysts | |
6.0 | Strong Buy | 5 | Odds |
Most Passage 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 Passage stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Passage Bio, talking to its executives and customers, or listening to Passage conference calls.
Passage Bio 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.
Passage Bio Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Normalized Average True Range is used to analyze tradable apportunities for Passage Bio across different markets.
Passage Bio Trend Analysis
Use this graph to draw trend lines for Passage Bio. You can use it to identify possible trend reversals for Passage Bio 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 Passage Bio price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Passage Bio Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Passage Bio applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Passage Bio will continue generating value for investors. It has 122 observation points and a regression sum of squares at 6.37, which is the sum of squared deviations for the predicted Passage Bio price change compared to its average price change.About Passage Bio 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 Passage Bio 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 Passage Bio based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Passage Bio price pattern first instead of the macroeconomic environment surrounding Passage Bio. By analyzing Passage Bio'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 Passage Bio'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 Passage Bio specific price patterns or momentum indicators. Please read more on our technical analysis page.
Passage Bio July 20, 2025 Technical Indicators
Most technical analysis of Passage 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 Passage from various momentum indicators to cycle indicators. When you analyze Passage 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 | (0.01) | |||
Market Risk Adjusted Performance | (0.12) | |||
Mean Deviation | 6.18 | |||
Coefficient Of Variation | (4,804) | |||
Standard Deviation | 8.15 | |||
Variance | 66.36 | |||
Information Ratio | (0.04) | |||
Jensen Alpha | (0.36) | |||
Total Risk Alpha | (1.32) | |||
Treynor Ratio | (0.13) | |||
Maximum Drawdown | 40.89 | |||
Value At Risk | (10.84) | |||
Potential Upside | 15.95 | |||
Skewness | 0.9173 | |||
Kurtosis | 1.1 |
Passage Bio July 20, 2025 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 Passage 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 | 0.11 | ||
Daily Balance Of Power | (0.33) | ||
Rate Of Daily Change | 0.96 | ||
Day Median Price | 5.76 | ||
Day Typical Price | 5.69 | ||
Price Action Indicator | (0.31) | ||
Market Facilitation Index | 0.64 |
Complementary Tools for Passage Stock analysis
When running Passage Bio's price analysis, check to measure Passage Bio'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 Passage Bio is operating at the current time. Most of Passage Bio's value examination focuses on studying past and present price action to predict the probability of Passage Bio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Passage Bio's price. Additionally, you may evaluate how the addition of Passage Bio to your portfolios can decrease your overall portfolio volatility.
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