Bluebird Bio Stock Technical Analysis
| BLUE Stock | USD 0.95 0.01 1.04% |
As of the 19th of April, Bluebird Bio shows the Mean Deviation of 5.32, risk adjusted performance of (0.03), and Standard Deviation of 6.89. Bluebird bio 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 break down and analyze data for thirteen technical drivers for Bluebird bio, which can be compared to its peers. Please confirm Bluebird bio market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Bluebird bio is priced correctly, providing market reflects its regular price of 0.95 per share. Given that Bluebird Bio is a hitting penny stock territory we recommend to closely look at its jensen alpha.
Bluebird Bio Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Bluebird, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BluebirdBluebird |
Bluebird Bio Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 7.1 | Buy | 14 | Odds |
Most Bluebird 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 Bluebird stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Bluebird bio, talking to its executives and customers, or listening to Bluebird conference calls.
Bluebird Bio 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.
Bluebird bio 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 Bluebird bio volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Bluebird bio Trend Analysis
Use this graph to draw trend lines for Bluebird bio. You can use it to identify possible trend reversals for Bluebird Bio 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 Bluebird Bio price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Bluebird Bio Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Bluebird bio applied against its price change over selected period. The best fit line has a slop of 0 , which means Bluebird bio will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.17, which is the sum of squared deviations for the predicted Bluebird Bio price change compared to its average price change.About Bluebird Bio 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 Bluebird bio 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 Bluebird bio based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Bluebird bio price pattern first instead of the macroeconomic environment surrounding Bluebird bio. By analyzing Bluebird Bio'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 Bluebird Bio'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 Bluebird Bio specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Graham Number | 31.59 | 13.81 | 12.43 | 11.81 | Receivables Turnover | 0.32 | 0.33 | 0.38 | 0.36 |
Bluebird Bio April 19, 2024 Technical Indicators
Most technical analysis of Bluebird 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 Bluebird from various momentum indicators to cycle indicators. When you analyze Bluebird 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 | (0.03) | |||
| Market Risk Adjusted Performance | (0.09) | |||
| Mean Deviation | 5.32 | |||
| Coefficient Of Variation | (1,776) | |||
| Standard Deviation | 6.89 | |||
| Variance | 47.47 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.63) | |||
| Total Risk Alpha | (1.05) | |||
| Treynor Ratio | (0.10) | |||
| Maximum Drawdown | 37.12 | |||
| Value At Risk | (9.35) | |||
| Potential Upside | 12.95 | |||
| Skewness | 0.622 | |||
| Kurtosis | 0.7629 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bluebird bio. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. For information on how to trade Bluebird Stock refer to our How to Trade Bluebird Stock guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for Bluebird Stock analysis
When running Bluebird Bio's price analysis, check to measure Bluebird Bio'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 Bluebird Bio is operating at the current time. Most of Bluebird Bio's value examination focuses on studying past and present price action to predict the probability of Bluebird Bio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bluebird Bio's price. Additionally, you may evaluate how the addition of Bluebird Bio to your portfolios can decrease your overall portfolio volatility.
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Is Bluebird Bio'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 Bluebird Bio. If investors know Bluebird 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 Bluebird Bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.63) | Revenue Per Share 0.214 | Quarterly Revenue Growth 173.535 | Return On Assets (0.15) | Return On Equity (0.48) |
The market value of Bluebird bio is measured differently than its book value, which is the value of Bluebird that is recorded on the company's balance sheet. Investors also form their own opinion of Bluebird Bio's value that differs from its market value or its book value, called intrinsic value, which is Bluebird Bio'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 Bluebird Bio's market value can be influenced by many factors that don't directly affect Bluebird Bio'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 Bluebird Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bluebird Bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bluebird Bio'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.