Profrac Holding Corp Stock Technical Analysis
| ACDC Stock | USD 8.10 0.15 1.82% |
As of the 24th of April, ProFrac Holding holds the Coefficient Of Variation of 1349.62, semi deviation of 3.27, and Risk Adjusted Performance of 0.0544. ProFrac Holding Corp 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 break down nineteen technical drivers for ProFrac Holding Corp, which can be compared to its competitors. Please check ProFrac Holding Corp maximum drawdown, semi variance, and the relationship between the jensen alpha and potential upside to decide if ProFrac Holding Corp is priced some-what accurately, providing market reflects its current price of 8.1 per share. Given that ProFrac Holding has jensen alpha of 0.1446, we recommend you to check out ProFrac Holding Corp's recent market performance to make sure the company can sustain itself at a future point.
ProFrac 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 ProFrac, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ProFracProFrac |
ProFrac Holding Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 13.5 | Buy | 7 | Odds |
Most ProFrac 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 ProFrac stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of ProFrac Holding Corp, talking to its executives and customers, or listening to ProFrac conference calls.
ProFrac 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.
ProFrac Holding Corp Technical Analysis
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 ProFrac Holding Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ProFrac Holding Corp Trend Analysis
Use this graph to draw trend lines for ProFrac Holding Corp. You can use it to identify possible trend reversals for ProFrac 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 ProFrac Holding price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ProFrac Holding Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ProFrac Holding Corp applied against its price change over selected period. The best fit line has a slop of 0.02 , which means ProFrac Holding Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 15.25, which is the sum of squared deviations for the predicted ProFrac Holding price change compared to its average price change.About ProFrac 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 ProFrac Holding Corp 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 ProFrac Holding Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ProFrac Holding Corp price pattern first instead of the macroeconomic environment surrounding ProFrac Holding Corp. By analyzing ProFrac 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 ProFrac 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 ProFrac Holding specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Dividend Yield | 0.0482 | 0.0429 | Price To Sales Ratio | 0.42 | 0.4 |
ProFrac Holding April 24, 2024 Technical Indicators
Most technical analysis of ProFrac 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 ProFrac from various momentum indicators to cycle indicators. When you analyze ProFrac 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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| Risk Adjusted Performance | 0.0544 | |||
| Market Risk Adjusted Performance | 0.2152 | |||
| Mean Deviation | 2.69 | |||
| Semi Deviation | 3.27 | |||
| Downside Deviation | 3.42 | |||
| Coefficient Of Variation | 1349.62 | |||
| Standard Deviation | 3.47 | |||
| Variance | 12.07 | |||
| Information Ratio | 0.0467 | |||
| Jensen Alpha | 0.1446 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.0474 | |||
| Treynor Ratio | 0.2052 | |||
| Maximum Drawdown | 16.13 | |||
| Value At Risk | (6.24) | |||
| Potential Upside | 5.87 | |||
| Downside Variance | 11.7 | |||
| Semi Variance | 10.7 | |||
| Expected Short fall | (2.87) | |||
| Skewness | 0.0123 | |||
| Kurtosis | 0.0287 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ProFrac Holding Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the ProFrac Holding Corp information on this page should be used as a complementary analysis to other ProFrac 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for ProFrac Stock analysis
When running ProFrac Holding's price analysis, check to measure ProFrac 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 ProFrac Holding is operating at the current time. Most of ProFrac Holding's value examination focuses on studying past and present price action to predict the probability of ProFrac 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 ProFrac Holding's price. Additionally, you may evaluate how the addition of ProFrac Holding to your portfolios can decrease your overall portfolio volatility.
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Is ProFrac 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 ProFrac Holding. If investors know ProFrac 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 ProFrac Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.82) | Revenue Per Share 20.092 | Quarterly Revenue Growth (0.38) | Return On Assets 0.0453 | Return On Equity (0.04) |
The market value of ProFrac Holding Corp is measured differently than its book value, which is the value of ProFrac that is recorded on the company's balance sheet. Investors also form their own opinion of ProFrac Holding's value that differs from its market value or its book value, called intrinsic value, which is ProFrac 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 ProFrac Holding's market value can be influenced by many factors that don't directly affect ProFrac 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 ProFrac Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProFrac Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProFrac 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.