As of the 6th of December, Arena Group shows the risk adjusted performance of 0.0036, and Mean Deviation of 5.53. Arena Group Holdings technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for Arena Group Holdings, which can be compared to its rivals. Please confirm Arena Group Holdings market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Arena Group Holdings is priced correctly, providing market reflects its regular price of 2.94 per share. Please also double-check Arena Group Holdings jensen alpha, which is currently at (0.07) to validate the company can sustain itself at a future point.
Arena Group Momentum AnalysisMomentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Arena, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Arena Arena Group's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Arena Group Analyst Consensus
Arena Group 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.
Arena Group Holdings Technical Analysis
Arena Group Holdings Trend AnalysisUse this graph to draw trend lines for Arena Group Holdings. You can use it to identify possible trend reversals for Arena Group 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 Arena Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Arena Group Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Arena Group Holdings applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that Arena Group Holdings market price will keep on failing further. It has 122 observation points and a regression sum of squares at 37.95, which is the sum of squared deviations for the predicted Arena Group price change compared to its average price change.
About Arena Group Technical Analysis
Arena Group December 6, 2023 Technical Indicators
Most technical analysis of Arena 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 Arena from various momentum indicators to cycle indicators. When you analyze Arena 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.
Arena Group December 6, 2023 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 Arena 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.When determining whether Arena Group Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Arena Group's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Arena Group Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Arena Group Holdings Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arena Group Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in banks.Note that the Arena Group Holdings information on this page should be used as a complementary analysis to other Arena Group'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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Arena Stock analysis
When running Arena Group's price analysis, check to measure Arena Group'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 Arena Group is operating at the current time. Most of Arena Group's value examination focuses on studying past and present price action to predict the probability of Arena Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arena Group's price. Additionally, you may evaluate how the addition of Arena Group to your portfolios can decrease your overall portfolio volatility.
Is Arena Group'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 Arena Group. If investors know Arena 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 Arena Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share
Quarterly Revenue Growth
Return On Assets
The market value of Arena Group Holdings is measured differently than its book value, which is the value of Arena that is recorded on the company's balance sheet. Investors also form their own opinion of Arena Group's value that differs from its market value or its book value, called intrinsic value, which is Arena Group'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 Arena Group's market value can be influenced by many factors that don't directly affect Arena Group'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 Arena Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arena Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arena Group'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.