Polarityte Stock Technical Analysis

PTEDelisted Stock  USD 0.07  0.00  0.00%   
As of the 25th of April, Polarityte holds the Risk Adjusted Performance of (0.05), variance of 237.75, and Coefficient Of Variation of (1,076). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Polarityte, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate and analyze data for thirteen technical drivers for Polarityte, which can be compared to its competitors. Please check Polarityte information ratio and skewness to decide if Polarityte is priced some-what accurately, providing market reflects its current price of 0.0666 per share. As Polarityte appears to be a penny stock we also advise to check out its jensen alpha numbers.

Polarityte Momentum Analysis

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

Polarityte Technical Analysis

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Polarityte Trend Analysis

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

Polarityte Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Polarityte applied against its price change over selected period. The best fit line has a slop of   0.0055  , which may imply that the returns on investment in Polarityte will continue to fail. It has 122 observation points and a regression sum of squares at 1.16, which is the sum of squared deviations for the predicted Polarityte price change compared to its average price change.

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

Polarityte April 25, 2024 Technical Indicators

Most technical analysis of Polarityte 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 Polarityte from various momentum indicators to cycle indicators. When you analyze Polarityte 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 Your Equity Center 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 estimate.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Other Consideration for investing in Polarityte Stock

If you are still planning to invest in Polarityte 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 Polarityte's history and understand the potential risks before investing.
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