Titan Machinery Stock Technical Analysis
| TITN Stock | USD 23.01 0.23 0.99% |
As of the 23rd of April, Titan Machinery has the Variance of 5.93, risk adjusted performance of (0.02), and Coefficient Of Variation of (2,068). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Titan Machinery, 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 interpolate and analyze data for thirteen technical drivers for Titan Machinery, which can be compared to its competition. Please validate Titan Machinery market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Titan Machinery is priced more or less accurately, providing market reflects its prevalent price of 23.01 per share. Given that Titan Machinery has information ratio of (0.09), we advise you to double-check Titan Machinery's current market performance to make sure the company can sustain itself at a future point.
Titan Machinery Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Titan, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TitanTitan |
Titan Machinery Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 42.17 | Strong Buy | 6 | Odds |
Most Titan 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 Titan stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Titan Machinery, talking to its executives and customers, or listening to Titan conference calls.
Titan Machinery 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.
Titan Machinery 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 Titan Machinery volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Titan Machinery Trend Analysis
Use this graph to draw trend lines for Titan Machinery. You can use it to identify possible trend reversals for Titan Machinery 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 Titan Machinery price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Titan Machinery Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Titan Machinery applied against its price change over selected period. The best fit line has a slop of 0.07 , which may suggest that Titan Machinery market price will keep on failing further. It has 122 observation points and a regression sum of squares at 209.66, which is the sum of squared deviations for the predicted Titan Machinery price change compared to its average price change.About Titan Machinery 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 Titan Machinery 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 Titan Machinery based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Titan Machinery price pattern first instead of the macroeconomic environment surrounding Titan Machinery. By analyzing Titan Machinery'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 Titan Machinery'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 Titan Machinery specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | PTB Ratio | 0.91 | 0.87 | Dividend Yield | 0.004295 | 0.003818 |
Titan Machinery April 23, 2024 Technical Indicators
Most technical analysis of Titan 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 Titan from various momentum indicators to cycle indicators. When you analyze Titan 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 | (0.02) | |||
| Market Risk Adjusted Performance | (0.05) | |||
| Mean Deviation | 1.81 | |||
| Coefficient Of Variation | (2,068) | |||
| Standard Deviation | 2.44 | |||
| Variance | 5.93 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (0.06) | |||
| Maximum Drawdown | 12.27 | |||
| Value At Risk | (4.11) | |||
| Potential Upside | 3.92 | |||
| Skewness | (0.44) | |||
| Kurtosis | 1.2 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Titan Machinery. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Titan Stock, please use our How to Invest in Titan Machinery guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Titan Stock analysis
When running Titan Machinery's price analysis, check to measure Titan Machinery'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 Titan Machinery is operating at the current time. Most of Titan Machinery's value examination focuses on studying past and present price action to predict the probability of Titan Machinery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Titan Machinery's price. Additionally, you may evaluate how the addition of Titan Machinery to your portfolios can decrease your overall portfolio volatility.
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA |
Is Titan Machinery'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 Titan Machinery. If investors know Titan 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 Titan Machinery listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.326 | Earnings Share 4.93 | Revenue Per Share 122.636 | Quarterly Revenue Growth 0.462 | Return On Assets 0.0664 |
The market value of Titan Machinery is measured differently than its book value, which is the value of Titan that is recorded on the company's balance sheet. Investors also form their own opinion of Titan Machinery's value that differs from its market value or its book value, called intrinsic value, which is Titan Machinery'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 Titan Machinery's market value can be influenced by many factors that don't directly affect Titan Machinery'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 Titan Machinery's value and its price as these two are different measures arrived at by different means. Investors typically determine if Titan Machinery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Titan Machinery'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.