Microbot Medical Stock Technical Analysis
MBOT Stock | USD 0.89 0.01 1.11% |
As of the 18th of April 2024, Microbot Medical secures the Mean Deviation of 2.94, risk adjusted performance of (0.08), and Standard Deviation of 3.83. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Microbot Medical, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to break down and interpolate data for thirteen technical drivers for Microbot Medical, which can be compared to its peers in the industry. Please verify Microbot Medical mean deviation, treynor ratio, as well as the relationship between the Treynor Ratio and kurtosis to decide if Microbot Medical is priced some-what accurately, providing market reflects its recent price of 0.89 per share. Given that Microbot Medical is a hitting penny stock territory we strongly suggest to closely look at its jensen alpha.
Microbot Medical Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Microbot, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MicrobotMicrobot |
Microbot Medical Analyst Consensus
Target Price | Advice | # of Analysts | |
8.0 | Buy | 1 | Odds |
Most Microbot 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 Microbot stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Microbot Medical, talking to its executives and customers, or listening to Microbot conference calls.
Microbot Medical 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.
Microbot Medical Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Microbot Medical volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Microbot Medical Trend Analysis
Use this graph to draw trend lines for Microbot Medical. You can use it to identify possible trend reversals for Microbot Medical 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 Microbot Medical price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Microbot Medical Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Microbot Medical applied against its price change over selected period. The best fit line has a slop of 0.0039 , which may suggest that Microbot Medical market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.57, which is the sum of squared deviations for the predicted Microbot Medical price change compared to its average price change.About Microbot Medical 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 Microbot Medical 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 Microbot Medical based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Microbot Medical price pattern first instead of the macroeconomic environment surrounding Microbot Medical. By analyzing Microbot Medical'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 Microbot Medical'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 Microbot Medical specific price patterns or momentum indicators. Please read more on our technical analysis page.
2014 | 2023 (projected) | Dividend Yield | 0.14 | 0.16 | Price To Sales Ratio | 57.23 | 383.31 |
Microbot Medical April 18, 2024 Technical Indicators
Most technical analysis of Microbot 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 Microbot from various momentum indicators to cycle indicators. When you analyze Microbot 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 | (0.08) | |||
Market Risk Adjusted Performance | (0.28) | |||
Mean Deviation | 2.94 | |||
Coefficient Of Variation | (694.66) | |||
Standard Deviation | 3.83 | |||
Variance | 14.68 | |||
Information Ratio | (0.16) | |||
Jensen Alpha | (0.65) | |||
Total Risk Alpha | (0.84) | |||
Treynor Ratio | (0.29) | |||
Maximum Drawdown | 18.51 | |||
Value At Risk | (6.61) | |||
Potential Upside | 6.61 | |||
Skewness | 0.3954 | |||
Kurtosis | 0.3517 |
Microbot Medical April 18, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Microbot stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 20,053 | ||
Daily Balance Of Power | (0.11) | ||
Rate Of Daily Change | 0.99 | ||
Day Median Price | 0.91 | ||
Day Typical Price | 0.90 | ||
Price Action Indicator | (0.02) |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Microbot Medical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Microbot Stock please use our How to Invest in Microbot Medical guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for Microbot Stock analysis
When running Microbot Medical's price analysis, check to measure Microbot Medical'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 Microbot Medical is operating at the current time. Most of Microbot Medical's value examination focuses on studying past and present price action to predict the probability of Microbot Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Microbot Medical's price. Additionally, you may evaluate how the addition of Microbot Medical to your portfolios can decrease your overall portfolio volatility.
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Is Microbot Medical'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 Microbot Medical. If investors know Microbot 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 Microbot Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.05) | Return On Assets (0.69) | Return On Equity (1.82) |
The market value of Microbot Medical is measured differently than its book value, which is the value of Microbot that is recorded on the company's balance sheet. Investors also form their own opinion of Microbot Medical's value that differs from its market value or its book value, called intrinsic value, which is Microbot Medical'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 Microbot Medical's market value can be influenced by many factors that don't directly affect Microbot Medical'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 Microbot Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Microbot Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Microbot Medical'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.