Sigmatron International Stock Technical Analysis
| SGMA Stock | USD 4.71 0.26 5.84% |
As of the 5th of May, SigmaTron International has the Coefficient Of Variation of 413.98, risk adjusted performance of 0.1601, and Semi Deviation of 1.25. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of SigmaTron International, 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 have collected data for nineteen technical drivers for SigmaTron International, which can be compared to its competition. Please validate SigmaTron International treynor ratio, and the relationship between the variance and potential upside to decide if SigmaTron International is priced more or less accurately, providing market reflects its prevalent price of 4.71 per share. Given that SigmaTron International has jensen alpha of 0.6142, we advise you to double-check SigmaTron International's current market performance to make sure the company can sustain itself at a future point.
SigmaTron International Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SigmaTron, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SigmaTronSigmaTron |
SigmaTron International 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.
SigmaTron International Technical Analysis
The output start index for this execution was nine with a total number of output elements of fifty-two. 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 SigmaTron International volatility. High ATR values indicate high volatility, and low values indicate low volatility.
SigmaTron International Trend Analysis
Use this graph to draw trend lines for SigmaTron International. You can use it to identify possible trend reversals for SigmaTron International 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 SigmaTron International price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.SigmaTron International Best Fit Change Line
The following chart estimates an ordinary least squares regression model for SigmaTron International applied against its price change over selected period. The best fit line has a slop of 0.02 , which means SigmaTron International will continue generating value for investors. It has 122 observation points and a regression sum of squares at 10.83, which is the sum of squared deviations for the predicted SigmaTron International price change compared to its average price change.About SigmaTron International 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 SigmaTron International 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 SigmaTron International based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on SigmaTron International price pattern first instead of the macroeconomic environment surrounding SigmaTron International. By analyzing SigmaTron International'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 SigmaTron International'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 SigmaTron International specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Dividend Yield | 0.0335 | 0.0298 | Price To Sales Ratio | 0.0387 | 0.0368 |
SigmaTron International May 5, 2024 Technical Indicators
Most technical analysis of SigmaTron 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 SigmaTron from various momentum indicators to cycle indicators. When you analyze SigmaTron 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 | 0.1601 | |||
| Market Risk Adjusted Performance | 8.09 | |||
| Mean Deviation | 1.94 | |||
| Semi Deviation | 1.25 | |||
| Downside Deviation | 1.89 | |||
| Coefficient Of Variation | 413.98 | |||
| Standard Deviation | 2.61 | |||
| Variance | 6.79 | |||
| Information Ratio | 0.2111 | |||
| Jensen Alpha | 0.6142 | |||
| Total Risk Alpha | 0.3329 | |||
| Sortino Ratio | 0.2915 | |||
| Treynor Ratio | 8.08 | |||
| Maximum Drawdown | 15.03 | |||
| Value At Risk | (2.12) | |||
| Potential Upside | 5.48 | |||
| Downside Variance | 3.56 | |||
| Semi Variance | 1.55 | |||
| Expected Short fall | (2.49) | |||
| Skewness | 1.17 | |||
| Kurtosis | 2.47 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SigmaTron International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For information on how to trade SigmaTron Stock refer to our How to Trade SigmaTron Stock guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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When running SigmaTron International's price analysis, check to measure SigmaTron International'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 SigmaTron International is operating at the current time. Most of SigmaTron International's value examination focuses on studying past and present price action to predict the probability of SigmaTron International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SigmaTron International's price. Additionally, you may evaluate how the addition of SigmaTron International to your portfolios can decrease your overall portfolio volatility.
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Is SigmaTron International'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 SigmaTron International. If investors know SigmaTron 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 SigmaTron International 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 (0.97) | Earnings Share 1.01 | Revenue Per Share 65.859 | Quarterly Revenue Growth 0.034 | Return On Assets 0.0419 |
The market value of SigmaTron International is measured differently than its book value, which is the value of SigmaTron that is recorded on the company's balance sheet. Investors also form their own opinion of SigmaTron International's value that differs from its market value or its book value, called intrinsic value, which is SigmaTron International'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 SigmaTron International's market value can be influenced by many factors that don't directly affect SigmaTron International'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 SigmaTron International's value and its price as these two are different measures arrived at by different means. Investors typically determine if SigmaTron International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SigmaTron International'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.