Yy Inc Class Stock Technical Analysis
YY Stock | USD 32.80 0.57 1.77% |
As of the 23rd of April, YY owns the standard deviation of 2.51, and Market Risk Adjusted Performance of 0.1186. In respect to fundamental indicators, the technical analysis model lets you check possible technical drivers of YY Inc Class, as well as the relationship between them. Strictly speaking, you can use this information to find out if the company will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We have analyzed and interpolated nineteen technical drivers for YY, which can be compared to its peers in the sector. Please check out YY Inc Class downside deviation, treynor ratio, expected short fall, as well as the relationship between the variance and potential upside to decide if YY Inc Class is priced adequately, providing market reflects its prevailing price of 32.8 per share. Given that YY Inc Class has jensen alpha of 0.0414, we strongly advise you to confirm YY's latest market performance to make sure the company can sustain itself in the future.
YY Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as YY, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to YYYY |
YY Analyst Consensus
Target Price | Advice | # of Analysts | |
45.13 | Strong Buy | 16 | Odds |
Most YY 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 YY stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of YY Inc Class, talking to its executives and customers, or listening to YY conference calls.
YY 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.
YY Inc Class Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 YY Inc Class volatility. High ATR values indicate high volatility, and low values indicate low volatility.
YY Inc Class Trend Analysis
Use this graph to draw trend lines for YY Inc Class. You can use it to identify possible trend reversals for YY 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 YY price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.YY Best Fit Change Line
The following chart estimates an ordinary least squares regression model for YY Inc Class applied against its price change over selected period. The best fit line has a slop of 0.02 , which suggests that YY Inc Class will keep on generating value for investors. It has 122 observation points and a regression sum of squares at 11.35, which is the sum of squared deviations for the predicted YY price change compared to its average price change.About YY 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 YY Inc Class 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 YY Inc Class based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on YY Inc Class price pattern first instead of the macroeconomic environment surrounding YY Inc Class. By analyzing YY'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 YY'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 YY specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0451 | 0.0642 | 0.0578 | 0.0607 | Price To Sales Ratio | 1.35 | 0.94 | 1.08 | 1.03 |
YY April 23, 2024 Technical Indicators
Most technical analysis of YY 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 YY from various momentum indicators to cycle indicators. When you analyze YY 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 | 0.043 | |||
Market Risk Adjusted Performance | 0.1186 | |||
Mean Deviation | 1.98 | |||
Semi Deviation | 2.29 | |||
Downside Deviation | 2.39 | |||
Coefficient Of Variation | 1725.34 | |||
Standard Deviation | 2.51 | |||
Variance | 6.29 | |||
Information Ratio | 0.0239 | |||
Jensen Alpha | 0.0414 | |||
Total Risk Alpha | (0.17) | |||
Sortino Ratio | 0.025 | |||
Treynor Ratio | 0.1086 | |||
Maximum Drawdown | 12.01 | |||
Value At Risk | (3.21) | |||
Potential Upside | 4.31 | |||
Downside Variance | 5.74 | |||
Semi Variance | 5.26 | |||
Expected Short fall | (2.32) | |||
Skewness | (0.21) | |||
Kurtosis | 0.4515 |
YY April 23, 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 YY 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 | 5,993 | ||
Daily Balance Of Power | 0.76 | ||
Rate Of Daily Change | 1.02 | ||
Day Median Price | 32.59 | ||
Day Typical Price | 32.66 | ||
Price Action Indicator | 0.50 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in YY Inc Class. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for YY Stock analysis
When running YY's price analysis, check to measure YY'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 YY is operating at the current time. Most of YY's value examination focuses on studying past and present price action to predict the probability of YY's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move YY's price. Additionally, you may evaluate how the addition of YY to your portfolios can decrease your overall portfolio volatility.
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Is YY'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 YY. If investors know YY 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 YY 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 (0.71) | Earnings Share (0.77) | Revenue Per Share 34.658 | Quarterly Revenue Growth (0.06) | Return On Assets 0.0025 |
The market value of YY Inc Class is measured differently than its book value, which is the value of YY that is recorded on the company's balance sheet. Investors also form their own opinion of YY's value that differs from its market value or its book value, called intrinsic value, which is YY'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 YY's market value can be influenced by many factors that don't directly affect YY'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 YY's value and its price as these two are different measures arrived at by different means. Investors typically determine if YY is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, YY'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.