Pyxis Tankers Stock Technical Analysis
| PXS Stock | USD 4.62 0.02 0.43% |
As of the 19th of April, Pyxis Tankers holds the Semi Deviation of 1.69, coefficient of variation of 2003.66, and Risk Adjusted Performance of 0.0378. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Pyxis Tankers, 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 have analyzed and interpolated nineteen technical drivers for Pyxis Tankers, which can be compared to its competitors. Please check Pyxis Tankers standard deviation, as well as the relationship between the value at risk and kurtosis to decide if Pyxis Tankers is priced some-what accurately, providing market reflects its current price of 4.62 per share. Given that Pyxis Tankers has jensen alpha of 0.0527, we recommend you to check out Pyxis Tankers's recent market performance to make sure the company can sustain itself at a future point.
Pyxis Tankers Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Pyxis, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PyxisPyxis |
Pyxis Tankers Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 9.0 | Strong Sell | 0 | Odds |
Most Pyxis 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 Pyxis stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Pyxis Tankers, talking to its executives and customers, or listening to Pyxis conference calls.
Pyxis Analyst Advice DetailsPyxis Tankers 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.
Pyxis Tankers 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 Pyxis Tankers volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Pyxis Tankers Trend Analysis
Use this graph to draw trend lines for Pyxis Tankers. You can use it to identify possible trend reversals for Pyxis Tankers 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 Pyxis Tankers price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Pyxis Tankers Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Pyxis Tankers applied against its price change over selected period. The best fit line has a slop of 0 , which may imply that Pyxis Tankers will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 0.72, which is the sum of squared deviations for the predicted Pyxis Tankers price change compared to its average price change.About Pyxis Tankers 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 Pyxis Tankers 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 Pyxis Tankers based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Pyxis Tankers price pattern first instead of the macroeconomic environment surrounding Pyxis Tankers. By analyzing Pyxis Tankers'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 Pyxis Tankers'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 Pyxis Tankers specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 (projected) | Dividend Yield | 0.007774 | 0.017 | 0.0179 | Price To Sales Ratio | 2.73 | 0.88 | 0.98 |
Pyxis Tankers April 19, 2024 Technical Indicators
Most technical analysis of Pyxis 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 Pyxis from various momentum indicators to cycle indicators. When you analyze Pyxis 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 | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volume Indicators |
| Risk Adjusted Performance | 0.0378 | |||
| Market Risk Adjusted Performance | 0.1495 | |||
| Mean Deviation | 1.55 | |||
| Semi Deviation | 1.69 | |||
| Downside Deviation | 1.82 | |||
| Coefficient Of Variation | 2003.66 | |||
| Standard Deviation | 2.02 | |||
| Variance | 4.08 | |||
| Information Ratio | 0.016 | |||
| Jensen Alpha | 0.0527 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.0177 | |||
| Treynor Ratio | 0.1395 | |||
| Maximum Drawdown | 9.95 | |||
| Value At Risk | (3.10) | |||
| Potential Upside | 3.78 | |||
| Downside Variance | 3.33 | |||
| Semi Variance | 2.85 | |||
| Expected Short fall | (1.87) | |||
| Skewness | 0.3816 | |||
| Kurtosis | 0.2032 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pyxis Tankers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. For more information on how to buy Pyxis Stock please use our How to Invest in Pyxis Tankers guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Pyxis Stock analysis
When running Pyxis Tankers' price analysis, check to measure Pyxis Tankers' 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 Pyxis Tankers is operating at the current time. Most of Pyxis Tankers' value examination focuses on studying past and present price action to predict the probability of Pyxis Tankers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pyxis Tankers' price. Additionally, you may evaluate how the addition of Pyxis Tankers to your portfolios can decrease your overall portfolio volatility.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Global Correlations Find global opportunities by holding instruments from different markets |
Is Pyxis Tankers' 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 Pyxis Tankers. If investors know Pyxis 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 Pyxis Tankers 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 2.319 | Earnings Share 1.74 | Revenue Per Share 4.249 | Quarterly Revenue Growth (0.28) | Return On Assets 0.0686 |
The market value of Pyxis Tankers is measured differently than its book value, which is the value of Pyxis that is recorded on the company's balance sheet. Investors also form their own opinion of Pyxis Tankers' value that differs from its market value or its book value, called intrinsic value, which is Pyxis Tankers' 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 Pyxis Tankers' market value can be influenced by many factors that don't directly affect Pyxis Tankers' 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 Pyxis Tankers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Pyxis Tankers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pyxis Tankers' 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.