Quest Pharmatech Stock Technical Analysis
| QPT Stock | CAD 0.04 0.01 33.33% |
As of the 24th of April, Quest PharmaTech holds the Coefficient Of Variation of 3669.79, variance of 193.23, and Risk Adjusted Performance of 0.0263. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Quest PharmaTech, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Quest PharmaTech, which can be compared to its competitors. Please check Quest PharmaTech coefficient of variation and maximum drawdown to decide if Quest PharmaTech is priced some-what accurately, providing market reflects its current price of 0.04 per share.
Quest PharmaTech Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Quest, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to QuestQuest |
Quest PharmaTech 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.
Quest PharmaTech 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 Quest PharmaTech volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Quest PharmaTech Trend Analysis
Use this graph to draw trend lines for Quest PharmaTech. You can use it to identify possible trend reversals for Quest PharmaTech 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 Quest PharmaTech price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Quest PharmaTech Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Quest PharmaTech applied against its price change over selected period. The best fit line has a slop of 0.000091 , which means Quest PharmaTech will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Quest PharmaTech price change compared to its average price change.About Quest PharmaTech 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 Quest PharmaTech 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 Quest PharmaTech based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Quest PharmaTech price pattern first instead of the macroeconomic environment surrounding Quest PharmaTech. By analyzing Quest PharmaTech'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 Quest PharmaTech'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 Quest PharmaTech specific price patterns or momentum indicators. Please read more on our technical analysis page.
Quest PharmaTech April 24, 2024 Technical Indicators
Most technical analysis of Quest 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 Quest from various momentum indicators to cycle indicators. When you analyze Quest 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 | 0.0263 | |||
| Market Risk Adjusted Performance | (0.30) | |||
| Mean Deviation | 5.0 | |||
| Coefficient Of Variation | 3669.79 | |||
| Standard Deviation | 13.9 | |||
| Variance | 193.23 | |||
| Information Ratio | 0.0208 | |||
| Jensen Alpha | 0.4643 | |||
| Total Risk Alpha | (1.42) | |||
| Treynor Ratio | (0.31) | |||
| Maximum Drawdown | 83.33 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 33.33 | |||
| Skewness | 0.5617 | |||
| Kurtosis | 7.67 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Quest PharmaTech. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for Quest Stock analysis
When running Quest PharmaTech's price analysis, check to measure Quest PharmaTech'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 Quest PharmaTech is operating at the current time. Most of Quest PharmaTech's value examination focuses on studying past and present price action to predict the probability of Quest PharmaTech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quest PharmaTech's price. Additionally, you may evaluate how the addition of Quest PharmaTech to your portfolios can decrease your overall portfolio volatility.
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