Larimar Therapeutics Stock Technical Analysis
| LRMR Stock | USD 9.41 0.28 2.89% |
As of the 14th of June 2024, Larimar Therapeutics secures the Mean Deviation of 3.58, downside deviation of 4.34, and Risk Adjusted Performance of 0.043. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Larimar Therapeutics, as well as the relationship between them. Please verify Larimar Therapeutics variance and potential upside to decide if Larimar Therapeutics is priced some-what accurately, providing market reflects its recent price of 9.41 per share. Given that Larimar Therapeutics has jensen alpha of 0.2738, we recommend you to check Larimar Therapeutics's last-minute market performance to make sure the company can sustain itself at a future point.
Larimar Therapeutics Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Larimar, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to LarimarLarimar |
Larimar Therapeutics Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 12.38 | Strong Buy | 6 | Odds |
Most Larimar 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 Larimar stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Larimar Therapeutics, talking to its executives and customers, or listening to Larimar conference calls.
Larimar Therapeutics 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.
Larimar Therapeutics Technical Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. 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 Larimar Therapeutics volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Larimar Therapeutics Trend Analysis
Use this graph to draw trend lines for Larimar Therapeutics. You can use it to identify possible trend reversals for Larimar Therapeutics 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 Larimar Therapeutics price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Larimar Therapeutics Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Larimar Therapeutics applied against its price change over selected period. The best fit line has a slop of 0.03 , which means Larimar Therapeutics will continue generating value for investors. It has 122 observation points and a regression sum of squares at 33.0, which is the sum of squared deviations for the predicted Larimar Therapeutics price change compared to its average price change.About Larimar Therapeutics 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 Larimar Therapeutics 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 Larimar Therapeutics based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Larimar Therapeutics price pattern first instead of the macroeconomic environment surrounding Larimar Therapeutics. By analyzing Larimar Therapeutics'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 Larimar Therapeutics'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 Larimar Therapeutics specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2024 (projected) | Current Ratio | 8.16 | 11.28 | 11.63 | Net Debt To EBITDA | 1.27 | 0.59 | 0.77 |
Larimar Therapeutics June 14, 2024 Technical Indicators
Most technical analysis of Larimar 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 Larimar from various momentum indicators to cycle indicators. When you analyze Larimar 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.
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| Risk Adjusted Performance | 0.043 | |||
| Market Risk Adjusted Performance | 0.1207 | |||
| Mean Deviation | 3.58 | |||
| Semi Deviation | 4.04 | |||
| Downside Deviation | 4.34 | |||
| Coefficient Of Variation | 1814.47 | |||
| Standard Deviation | 4.65 | |||
| Variance | 21.62 | |||
| Information Ratio | 0.0556 | |||
| Jensen Alpha | 0.2738 | |||
| Total Risk Alpha | 0.3386 | |||
| Sortino Ratio | 0.0596 | |||
| Treynor Ratio | 0.1107 | |||
| Maximum Drawdown | 18.19 | |||
| Value At Risk | (6.30) | |||
| Potential Upside | 7.65 | |||
| Downside Variance | 18.8 | |||
| Semi Variance | 16.33 | |||
| Expected Short fall | (3.95) | |||
| Skewness | 0.4775 | |||
| Kurtosis | 0.715 |
Additional Tools for Larimar Stock Analysis
When running Larimar Therapeutics' price analysis, check to measure Larimar Therapeutics' 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 Larimar Therapeutics is operating at the current time. Most of Larimar Therapeutics' value examination focuses on studying past and present price action to predict the probability of Larimar Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Larimar Therapeutics' price. Additionally, you may evaluate how the addition of Larimar Therapeutics to your portfolios can decrease your overall portfolio volatility.