Semileds Stock Technical Analysis

LEDS Stock  USD 1.55  0.03  1.90%   
As of the 24th of April, SemiLEDS has the Coefficient Of Variation of 1266.17, semi deviation of 4.93, and Risk Adjusted Performance of 0.0584. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of SemiLEDS, 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 break down nineteen technical drivers for SemiLEDS, which can be compared to its competition. Please validate SemiLEDS coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if SemiLEDS is priced more or less accurately, providing market reflects its prevalent price of 1.55 per share. Please also confirm SemiLEDS total risk alpha, which is currently at (0.42) to double-check the company can sustain itself at a future point.

SemiLEDS Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SemiLEDS, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SemiLEDS
  
SemiLEDS'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.
SemiLEDS 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.
A focus of SemiLEDS technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SemiLEDS trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

SemiLEDS Technical Analysis

Indicator
Time Period
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The output start index for this execution was three with a total number of output elements of fifty-eight. 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 SemiLEDS volatility. High ATR values indicate high volatility, and low values indicate low volatility.

SemiLEDS Trend Analysis

Use this graph to draw trend lines for SemiLEDS. You can use it to identify possible trend reversals for SemiLEDS 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 SemiLEDS price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

SemiLEDS Best Fit Change Line

The following chart estimates an ordinary least squares regression model for SemiLEDS applied against its price change over selected period. The best fit line has a slop of    , which means SemiLEDS will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.25, which is the sum of squared deviations for the predicted SemiLEDS price change compared to its average price change.

About SemiLEDS 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 SemiLEDS 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 SemiLEDS based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on SemiLEDS price pattern first instead of the macroeconomic environment surrounding SemiLEDS. By analyzing SemiLEDS'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 SemiLEDS'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 SemiLEDS specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding45.5548.4155.6762.58
PTB Ratio3.427.386.646.97

SemiLEDS April 24, 2024 Technical Indicators

Most technical analysis of SemiLEDS 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 SemiLEDS from various momentum indicators to cycle indicators. When you analyze SemiLEDS 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.

SemiLEDS April 24, 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 SemiLEDS 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.
When determining whether SemiLEDS is a strong investment it is important to analyze SemiLEDS's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SemiLEDS's future performance. For an informed investment choice regarding SemiLEDS Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in SemiLEDS. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy SemiLEDS Stock please use our How to Invest in SemiLEDS guide.
Note that the SemiLEDS information on this page should be used as a complementary analysis to other SemiLEDS'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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

Complementary Tools for SemiLEDS Stock analysis

When running SemiLEDS's price analysis, check to measure SemiLEDS'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 SemiLEDS is operating at the current time. Most of SemiLEDS's value examination focuses on studying past and present price action to predict the probability of SemiLEDS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SemiLEDS's price. Additionally, you may evaluate how the addition of SemiLEDS to your portfolios can decrease your overall portfolio volatility.
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Is SemiLEDS'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 SemiLEDS. If investors know SemiLEDS 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 SemiLEDS listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.57)
Revenue Per Share
1.153
Quarterly Revenue Growth
(0.23)
Return On Assets
(0.17)
Return On Equity
(0.97)
The market value of SemiLEDS is measured differently than its book value, which is the value of SemiLEDS that is recorded on the company's balance sheet. Investors also form their own opinion of SemiLEDS's value that differs from its market value or its book value, called intrinsic value, which is SemiLEDS'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 SemiLEDS's market value can be influenced by many factors that don't directly affect SemiLEDS'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 SemiLEDS's value and its price as these two are different measures arrived at by different means. Investors typically determine if SemiLEDS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SemiLEDS'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.