Tetra Technologies Stock Technical Analysis
| TTI Stock | USD 4.34 0.09 2.03% |
As of the 18th of April 2024, Tetra Technologies has the Risk Adjusted Performance of 0.0336, coefficient of variation of 2427.99, and Semi Deviation of 2.49. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tetra Technologies, 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 interpolate and analyze data for nineteen technical drivers for Tetra Technologies, which can be compared to its competition. Please validate Tetra Technologies jensen alpha and downside variance to decide if Tetra Technologies is priced more or less accurately, providing market reflects its prevalent price of 4.34 per share. Given that Tetra Technologies has jensen alpha of 0.0953, we advise you to double-check Tetra Technologies's current market performance to make sure the company can sustain itself at a future point.
Tetra Technologies Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Tetra, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TetraTetra |
Tetra Technologies 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.
Tetra Technologies Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Tetra Technologies volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Tetra Technologies Trend Analysis
Use this graph to draw trend lines for Tetra Technologies. You can use it to identify possible trend reversals for Tetra Technologies 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 Tetra Technologies price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Tetra Technologies Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Tetra Technologies applied against its price change over selected period. The best fit line has a slop of 0.01 , which may imply that Tetra Technologies will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 4.06, which is the sum of squared deviations for the predicted Tetra Technologies price change compared to its average price change.About Tetra Technologies 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 Tetra Technologies 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 Tetra Technologies based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Tetra Technologies price pattern first instead of the macroeconomic environment surrounding Tetra Technologies. By analyzing Tetra Technologies'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 Tetra Technologies'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 Tetra Technologies specific price patterns or momentum indicators. Please read more on our technical analysis page.
Tetra Technologies April 18, 2024 Technical Indicators
Most technical analysis of Tetra 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 Tetra from various momentum indicators to cycle indicators. When you analyze Tetra 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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| Overlap Studies | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0336 | |||
| Market Risk Adjusted Performance | 0.9459 | |||
| Mean Deviation | 1.98 | |||
| Semi Deviation | 2.49 | |||
| Downside Deviation | 2.68 | |||
| Coefficient Of Variation | 2427.99 | |||
| Standard Deviation | 2.67 | |||
| Variance | 7.15 | |||
| Information Ratio | 0.0204 | |||
| Jensen Alpha | 0.0953 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0204 | |||
| Treynor Ratio | 0.9359 | |||
| Maximum Drawdown | 10.72 | |||
| Value At Risk | (4.41) | |||
| Potential Upside | 5.03 | |||
| Downside Variance | 7.17 | |||
| Semi Variance | 6.18 | |||
| Expected Short fall | (2.26) | |||
| Skewness | (0.06) | |||
| Kurtosis | 0.4366 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tetra Technologies. 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. For more detail on how to invest in Tetra Stock please use our How to Invest in Tetra Technologies guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Tetra Stock analysis
When running Tetra Technologies' price analysis, check to measure Tetra Technologies' 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 Tetra Technologies is operating at the current time. Most of Tetra Technologies' value examination focuses on studying past and present price action to predict the probability of Tetra Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tetra Technologies' price. Additionally, you may evaluate how the addition of Tetra Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Tetra Technologies' 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 Tetra Technologies. If investors know Tetra 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 Tetra Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Tetra Technologies is measured differently than its book value, which is the value of Tetra that is recorded on the company's balance sheet. Investors also form their own opinion of Tetra Technologies' value that differs from its market value or its book value, called intrinsic value, which is Tetra Technologies' 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 Tetra Technologies' market value can be influenced by many factors that don't directly affect Tetra Technologies' 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 Tetra Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tetra Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tetra Technologies' 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.