Precision Biosciences Stock Technical Analysis
| DTIL Stock | USD 11.51 1.36 10.57% |
As of the 17th of April 2024, Precision BioSciences holds the Risk Adjusted Performance of 0.0313, semi deviation of 6.41, and Coefficient Of Variation of 2833.21. Precision BioSciences technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the company's future prices. 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 collect and analyze data for nineteen technical drivers for Precision BioSciences, which can be compared to its competitors. Please check Precision BioSciences standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if Precision BioSciences is priced some-what accurately, providing market reflects its current price of 11.51 per share. Given that Precision BioSciences has jensen alpha of 0.2021, we recommend you to check out Precision BioSciences's recent market performance to make sure the company can sustain itself at a future point.
Precision BioSciences Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Precision, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PrecisionPrecision |
Precision BioSciences Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 3.07 | Strong Buy | 4 | Odds |
Most Precision 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 Precision stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Precision BioSciences, talking to its executives and customers, or listening to Precision conference calls.
Precision BioSciences 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.
Precision BioSciences Technical Analysis
The output start index for this execution was thirteen with a total number of output elements of fourty-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 Precision BioSciences volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Precision BioSciences Trend Analysis
Use this graph to draw trend lines for Precision BioSciences. You can use it to identify possible trend reversals for Precision BioSciences 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 Precision BioSciences price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Precision BioSciences Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Precision BioSciences applied against its price change over selected period. The best fit line has a slop of 0.04 , which means Precision BioSciences will continue generating value for investors. It has 122 observation points and a regression sum of squares at 59.65, which is the sum of squared deviations for the predicted Precision BioSciences price change compared to its average price change.About Precision BioSciences 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 Precision BioSciences 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 Precision BioSciences based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Precision BioSciences price pattern first instead of the macroeconomic environment surrounding Precision BioSciences. By analyzing Precision BioSciences'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 Precision BioSciences'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 Precision BioSciences specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2010 | 2023 | 2024 (projected) | Payables Turnover | 7.35 | 2.78 | 2.64 | Days Of Inventory On Hand | 306.14 | 275.53 | 244.91 |
Precision BioSciences April 17, 2024 Technical Indicators
Most technical analysis of Precision 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 Precision from various momentum indicators to cycle indicators. When you analyze Precision 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 | 0.0313 | |||
| Market Risk Adjusted Performance | 0.5844 | |||
| Mean Deviation | 4.15 | |||
| Semi Deviation | 6.41 | |||
| Downside Deviation | 6.63 | |||
| Coefficient Of Variation | 2833.21 | |||
| Standard Deviation | 6.53 | |||
| Variance | 42.68 | |||
| Information Ratio | 0.0264 | |||
| Jensen Alpha | 0.2021 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | 0.026 | |||
| Treynor Ratio | 0.5744 | |||
| Maximum Drawdown | 51.63 | |||
| Value At Risk | (7.12) | |||
| Potential Upside | 9.28 | |||
| Downside Variance | 43.91 | |||
| Semi Variance | 41.09 | |||
| Expected Short fall | (4.64) | |||
| Skewness | (0.92) | |||
| Kurtosis | 8.69 |
Precision BioSciences April 17, 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 Precision 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 | 15,526 | ||
| Daily Balance Of Power | (1.62) | ||
| Rate Of Daily Change | 0.89 | ||
| Day Median Price | 11.58 | ||
| Day Typical Price | 11.56 | ||
| Price Action Indicator | (0.75) |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Precision BioSciences. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy Precision Stock please use our How to buy in Precision Stock guide.You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Complementary Tools for Precision Stock analysis
When running Precision BioSciences' price analysis, check to measure Precision BioSciences' 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 Precision BioSciences is operating at the current time. Most of Precision BioSciences' value examination focuses on studying past and present price action to predict the probability of Precision BioSciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Precision BioSciences' price. Additionally, you may evaluate how the addition of Precision BioSciences to your portfolios can decrease your overall portfolio volatility.
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Is Precision BioSciences' 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 Precision BioSciences. If investors know Precision 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 Precision BioSciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (332.12) | Revenue Per Share 12.685 | Quarterly Revenue Growth (0.34) | Return On Assets (0.14) | Return On Equity (1.07) |
The market value of Precision BioSciences is measured differently than its book value, which is the value of Precision that is recorded on the company's balance sheet. Investors also form their own opinion of Precision BioSciences' value that differs from its market value or its book value, called intrinsic value, which is Precision BioSciences' 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 Precision BioSciences' market value can be influenced by many factors that don't directly affect Precision BioSciences' 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 Precision BioSciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Precision BioSciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Precision BioSciences' 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.