Bac P Q Stock Technical Analysis
| BAC-P-Q Stock | 18.97 0.40 2.15% |
As of the 24th of April, BAC P owns the variance of 0.7342, and Market Risk Adjusted Performance of (0.65). Our technical analysis interface gives you tools to check potential technical drivers of BAC P Q, as well as the relationship between them. Strictly speaking, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to interpolate data for thirteen technical drivers for BAC P, which can be compared to its peers in the sector. Please confirm BAC P Q information ratio, potential upside, and the relationship between the standard deviation and maximum drawdown to decide if BAC P Q is priced adequately, providing market reflects its prevailing price of 18.97 per share. Given that BAC P Q has information ratio of (0.13), we suggest you to validate BAC P's latest market performance to make sure the company can sustain itself at some future date.
BAC P Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as BAC, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BACBAC |
BAC P 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.
BAC P Q Technical Analysis
The output start index for this execution was eight with a total number of output elements of fifty-three. 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 BAC P Q volatility. High ATR values indicate high volatility, and low values indicate low volatility.
BAC P Q Trend Analysis
Use this graph to draw trend lines for BAC P Q. You can use it to identify possible trend reversals for BAC P 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 BAC P price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.BAC P Best Fit Change Line
The following chart estimates an ordinary least squares regression model for BAC P Q applied against its price change over selected period. The best fit line has a slop of 0.0074 , which may suggest that BAC P Q market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2.1, which is the sum of squared deviations for the predicted BAC P price change compared to its average price change.About BAC P 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 BAC P Q 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 BAC P Q based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on BAC P Q price pattern first instead of the macroeconomic environment surrounding BAC P Q. By analyzing BAC P'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 BAC P'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 BAC P specific price patterns or momentum indicators. Please read more on our technical analysis page.
BAC P April 24, 2024 Technical Indicators
Most technical analysis of BAC 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 BAC from various momentum indicators to cycle indicators. When you analyze BAC 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 | (0.01) | |||
| Market Risk Adjusted Performance | (0.65) | |||
| Mean Deviation | 0.5917 | |||
| Coefficient Of Variation | (4,364) | |||
| Standard Deviation | 0.8569 | |||
| Variance | 0.7342 | |||
| Information Ratio | (0.13) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.66) | |||
| Maximum Drawdown | 4.16 | |||
| Value At Risk | (1.66) | |||
| Potential Upside | 1.48 | |||
| Skewness | (0.31) | |||
| Kurtosis | 1.46 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BAC P Q. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for BAC Stock analysis
When running BAC P's price analysis, check to measure BAC P'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 BAC P is operating at the current time. Most of BAC P's value examination focuses on studying past and present price action to predict the probability of BAC P's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BAC P's price. Additionally, you may evaluate how the addition of BAC P to your portfolios can decrease your overall portfolio volatility.
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios |