Ardmore Shpng Stock Technical Analysis

ASC Stock  USD 16.31  0.01  0.06%   
As of the 24th of April, Ardmore Shpng shows the mean deviation of 1.27, and Risk Adjusted Performance of 0.0442. Ardmore Shpng 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 are able to interpolate and collect nineteen technical drivers for Ardmore Shpng, which can be compared to its peers. Please confirm Ardmore Shpng downside deviation, treynor ratio, expected short fall, as well as the relationship between the variance and potential upside to decide if Ardmore Shpng is priced correctly, providing market reflects its regular price of 16.31 per share. Given that Ardmore Shpng has jensen alpha of 0.0682, we suggest you to validate Ardmore Shpng's prevailing market performance to make sure the company can sustain itself at a future point.

Ardmore Shpng Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Ardmore, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Ardmore
  
Ardmore Shpng'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.

Ardmore Shpng Analyst Consensus

Target PriceAdvice# of Analysts
18.8Strong Buy5Odds
Ardmore Shpng current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Ardmore 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 Ardmore stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Ardmore Shpng, talking to its executives and customers, or listening to Ardmore conference calls.
Ardmore Analyst Advice Details
Ardmore Shpng 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.
A focus of Ardmore Shpng technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ardmore Shpng trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Ardmore Shpng Technical Analysis

Indicator
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The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Ardmore Shpng volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Ardmore Shpng Trend Analysis

Use this graph to draw trend lines for Ardmore Shpng. You can use it to identify possible trend reversals for Ardmore Shpng 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 Ardmore Shpng price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Ardmore Shpng Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Ardmore Shpng applied against its price change over selected period. The best fit line has a slop of    , which may imply that Ardmore Shpng will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 0.35, which is the sum of squared deviations for the predicted Ardmore Shpng price change compared to its average price change.

About Ardmore Shpng 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 Ardmore Shpng 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 Ardmore Shpng based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Ardmore Shpng price pattern first instead of the macroeconomic environment surrounding Ardmore Shpng. By analyzing Ardmore Shpng'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 Ardmore Shpng'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 Ardmore Shpng specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.0069140.0061220.0860.0903
Price To Sales Ratio0.591.21.492.5

Ardmore Shpng April 24, 2024 Technical Indicators

Most technical analysis of Ardmore 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 Ardmore from various momentum indicators to cycle indicators. When you analyze Ardmore 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.
When determining whether Ardmore Shpng offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ardmore Shpng'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 Ardmore Shpng Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ardmore Shpng Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ardmore Shpng. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For information on how to trade Ardmore Stock refer to our How to Trade Ardmore Stock guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Ardmore Shpng's price analysis, check to measure Ardmore Shpng'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 Ardmore Shpng is operating at the current time. Most of Ardmore Shpng's value examination focuses on studying past and present price action to predict the probability of Ardmore Shpng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ardmore Shpng's price. Additionally, you may evaluate how the addition of Ardmore Shpng to your portfolios can decrease your overall portfolio volatility.
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Is Ardmore Shpng'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 Ardmore Shpng. If investors know Ardmore 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 Ardmore Shpng 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
(0.51)
Dividend Share
0.91
Earnings Share
2.71
Revenue Per Share
9.627
Quarterly Revenue Growth
(0.26)
The market value of Ardmore Shpng is measured differently than its book value, which is the value of Ardmore that is recorded on the company's balance sheet. Investors also form their own opinion of Ardmore Shpng's value that differs from its market value or its book value, called intrinsic value, which is Ardmore Shpng'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 Ardmore Shpng's market value can be influenced by many factors that don't directly affect Ardmore Shpng'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 Ardmore Shpng's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ardmore Shpng is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ardmore Shpng'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.