Secoo Holding Stock Technical Analysis

SECO Stock  USD 0.40  0.03  8.11%   
As of the 18th of April 2024, Secoo Holding has the Variance of 36.64, risk adjusted performance of (0.02), and Coefficient Of Variation of (2,155). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Secoo Holding, 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 were able to break down thirteen technical drivers for Secoo Holding, which can be compared to its competition. Please validate Secoo Holding coefficient of variation and maximum drawdown to decide if Secoo Holding is priced more or less accurately, providing market reflects its prevalent price of 0.4 per share. As Secoo Holding is a penny stock we also advise to double-check its jensen alpha numbers.

Secoo Holding Momentum Analysis

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

Secoo Holding Technical Analysis

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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 Secoo Holding volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Secoo Holding Trend Analysis

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

Secoo Holding Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Secoo Holding applied against its price change over selected period. The best fit line has a slop of   0.0016  , which may suggest that Secoo Holding market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.1, which is the sum of squared deviations for the predicted Secoo Holding price change compared to its average price change.

About Secoo Holding 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 Secoo Holding 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 Secoo Holding based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Secoo Holding price pattern first instead of the macroeconomic environment surrounding Secoo Holding. By analyzing Secoo Holding'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 Secoo Holding'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 Secoo Holding specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2020 2021 2023 2024 (projected)
Days Sales Outstanding30.8260.0154.0156.71
PTB Ratio0.40.120.140.13

Secoo Holding April 18, 2024 Technical Indicators

Most technical analysis of Secoo 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 Secoo from various momentum indicators to cycle indicators. When you analyze Secoo 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.

Secoo Holding 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 Secoo 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.
When determining whether Secoo Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Secoo Holding's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Secoo Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Secoo Holding Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Secoo Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Secoo Stock, please use our How to Invest in Secoo Holding guide.
Note that the Secoo Holding information on this page should be used as a complementary analysis to other Secoo Holding's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.

Complementary Tools for Secoo Stock analysis

When running Secoo Holding's price analysis, check to measure Secoo Holding'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 Secoo Holding is operating at the current time. Most of Secoo Holding's value examination focuses on studying past and present price action to predict the probability of Secoo Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Secoo Holding's price. Additionally, you may evaluate how the addition of Secoo Holding to your portfolios can decrease your overall portfolio volatility.
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Is Secoo Holding'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 Secoo Holding. If investors know Secoo 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 Secoo Holding 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
(0.74)
Earnings Share
(26.23)
Revenue Per Share
392.097
Quarterly Revenue Growth
(0.24)
Return On Assets
(0.20)
The market value of Secoo Holding is measured differently than its book value, which is the value of Secoo that is recorded on the company's balance sheet. Investors also form their own opinion of Secoo Holding's value that differs from its market value or its book value, called intrinsic value, which is Secoo Holding'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 Secoo Holding's market value can be influenced by many factors that don't directly affect Secoo Holding'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 Secoo Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Secoo Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Secoo Holding'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.