Baosheng Media Group Stock Technical Analysis

BAOS Stock  USD 3.26  0.04  1.21%   
As of the 25th of April, Baosheng Media shows the Mean Deviation of 4.12, risk adjusted performance of 0.0233, and Downside Deviation of 5.55. Baosheng Media Group 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 break down and interpolate data for nineteen technical drivers for Baosheng Media Group, which can be compared to its peers. Please confirm Baosheng Media Group coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if Baosheng Media Group is priced correctly, providing market reflects its regular price of 3.26 per share. Given that Baosheng Media has jensen alpha of 0.1201, we suggest you to validate Baosheng Media Group's prevailing market performance to make sure the company can sustain itself at a future point.

Baosheng Media Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Baosheng, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Baosheng
  
Baosheng Media'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.
Baosheng Media 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 Baosheng Media technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Baosheng Media 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...

Baosheng Media Group Technical Analysis

Indicator
Time Period
Execute Indicator
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 Baosheng Media Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Baosheng Media Group Trend Analysis

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

Baosheng Media Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Baosheng Media Group applied against its price change over selected period. The best fit line has a slop of   0.0076  , which may suggest that Baosheng Media Group market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2.17, which is the sum of squared deviations for the predicted Baosheng Media price change compared to its average price change.

About Baosheng Media 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 Baosheng Media Group 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 Baosheng Media Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Baosheng Media Group price pattern first instead of the macroeconomic environment surrounding Baosheng Media Group. By analyzing Baosheng Media'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 Baosheng Media'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 Baosheng Media specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2022 2023 2024 (projected)
Dividend Yield0.150.140.13
Price To Sales Ratio3.263.754.14

Baosheng Media April 25, 2024 Technical Indicators

Most technical analysis of Baosheng 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 Baosheng from various momentum indicators to cycle indicators. When you analyze Baosheng 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.

Baosheng Media April 25, 2024 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 Baosheng 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 Baosheng Media Group is a strong investment it is important to analyze Baosheng Media's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Baosheng Media's future performance. For an informed investment choice regarding Baosheng Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baosheng Media Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

Complementary Tools for Baosheng Stock analysis

When running Baosheng Media's price analysis, check to measure Baosheng Media'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 Baosheng Media is operating at the current time. Most of Baosheng Media's value examination focuses on studying past and present price action to predict the probability of Baosheng Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baosheng Media's price. Additionally, you may evaluate how the addition of Baosheng Media to your portfolios can decrease your overall portfolio volatility.
Fundamental Analysis
View fundamental data based on most recent published financial statements
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
CEOs Directory
Screen CEOs from public companies around the world
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Is Baosheng Media'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 Baosheng Media. If investors know Baosheng 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 Baosheng Media 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
(0.82)
Earnings Share
(11.36)
Revenue Per Share
2.253
Quarterly Revenue Growth
2.434
Return On Assets
(0.17)
The market value of Baosheng Media Group is measured differently than its book value, which is the value of Baosheng that is recorded on the company's balance sheet. Investors also form their own opinion of Baosheng Media's value that differs from its market value or its book value, called intrinsic value, which is Baosheng Media'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 Baosheng Media's market value can be influenced by many factors that don't directly affect Baosheng Media'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 Baosheng Media's value and its price as these two are different measures arrived at by different means. Investors typically determine if Baosheng Media is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baosheng Media'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.