Ii Vi Incorporated Stock Technical Analysis

IIVIDelisted Stock  USD 32.21  2.75  7.87%   
As of the 18th of April 2024, II VI owns the Coefficient Of Variation of (474.68), market risk adjusted performance of 2.03, and Information Ratio of (0.23). II VI Incorporated technical analysis makes it possible for you to employ past data patterns with the intention to determine a pattern that calculates the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to interpolate and analyze data for thirteen technical drivers for II VI, which can be compared to its peers in the sector. Please check out II VI rporated market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if II VI Incorporated is priced more or less accurately, providing market reflects its prevailing price of 32.21 per share. Given that II VI rporated has information ratio of (0.23), we strongly advise you to confirm II VI's latest market performance to make sure the company can sustain itself sooner or later.

II VI Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as IIVI, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to IIVI
  
II VI'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.
II VI 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, delisted stock market cycles, or different charting patterns.
A focus of II VI technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of II VI 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...

II VI rporated Technical Analysis

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II VI rporated Trend Analysis

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

II VI Best Fit Change Line

The following chart estimates an ordinary least squares regression model for II VI Incorporated applied against its price change over selected period. The best fit line has a slop of   0.4  , which may suggest that II VI Incorporated market price will keep on failing further. It has 122 observation points and a regression sum of squares at 5975.68, which is the sum of squared deviations for the predicted II VI price change compared to its average price change.

About II VI 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 II VI Incorporated 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 II VI Incorporated based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on II VI rporated price pattern first instead of the macroeconomic environment surrounding II VI rporated. By analyzing II VI'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 II VI'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 II VI specific price patterns or momentum indicators. Please read more on our technical analysis page.

II VI April 18, 2024 Technical Indicators

Most technical analysis of IIVI 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 IIVI from various momentum indicators to cycle indicators. When you analyze IIVI 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.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

Other Consideration for investing in IIVI Stock

If you are still planning to invest in II VI rporated check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the II VI's history and understand the potential risks before investing.
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