Immunotec Inc retains Market Risk Adjusted Performance
of 0.3217 and Risk Adjusted Performance
of 0.0722. Immunotec technical analysis makes it possible for you to employ historical prices
and volume momentum with intention to determine a pattern that calculates the direction of the corporation future prices. In other words you can use this information to find out if the corporation will indeed mirror its model of historical price patterns or the prices will eventually revert. We found nineteen technical drivers
for Immunotec Inc which can be compared to its competitors. Please check out Immunotec Inc Jensen Alpha
as well as the relationship
between Potential Upside
to decide if Immunotec is priced fairly providing market reflects its last-minute price of 0.3 per share. Use Immunotec Inc (#B1P77Y5CA) technical analysis together with your other stock asset holdings to protect against small markets fluctuations as well as to check it against diversification policy that fits your risk preferences.
Use this graph to draw trend lines for Immunotec Inc. You can use it to identify possible trend reversals for Immunotec 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 Immunotec price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Immunotec Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Immunotec Inc applied against its price change over selected period. The best fit line has a slop of 0.0000 %
which means Immunotec Inc will continue generating value for investors. It has 38 observation points and regression sum of squers of 0.0 which is sum of squared deviations of the predicted Immunotec price change against its avarage change.
|Price Growth (%) |
|Prediction Trend || ||Immunotec || |
Immunotec has a best fit line with a correlation coefficient of 0.01. and coefficient of determination of 0.0. Note, that the company has price-to-book (p/b) ratio of 1.51.