Ballantyne Stock Technical Analysis

BTN -  USA Stock  

USD 3.25  0.15  4.84%

As of the 20th of September, Ballantyne Strong shows the mean deviation of 2.21, and Risk Adjusted Performance of (0.12). Ballantyne Strong 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 interpolate and analyze data for nineteen technical drivers for Ballantyne Strong, which can be compared to its rivals. Please confirm Ballantyne Strong downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if Ballantyne Strong is priced correctly, providing market reflects its regular price of 3.25 per share. Given that Ballantyne Strong has jensen alpha of (0.55), we suggest you to validate Ballantyne Strong's prevailing market performance to make sure the company can sustain itself at a future point.

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Ballantyne Strong 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 Ballantyne Strong technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ballantyne Strong 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...

Ballantyne Strong Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Ballantyne Strong volatility developed by Welles Wilder. View also all equity analysis or get more info about true range volatility indicators indicator.

Ballantyne Strong Trend Analysis

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

Ballantyne Strong Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Ballantyne Strong applied against its price change over selected period. The best fit line has a slop of   -0.03  , which may imply that the returns on investment in Ballantyne Strong will continue to fail. It has 122 observation points and a regression sum of squares at 30.56, which is the sum of squared deviations for the predicted Ballantyne Strong price change compared to its average price change.

About Ballantyne Strong 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 Ballantyne Strong 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 Ballantyne Strong based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Ballantyne Strong stock first instead of the macroeconomic environment surrounding Ballantyne Strong. By analyzing Ballantyne Strong'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 Ballantyne Strong'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 Ballantyne Strong specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2018 2019 2020 2021 (projected)
Book Value per Share2.161.781.842.4
Asset Turnover1.10.620.380.39

Ballantyne Strong September 20, 2021 Technical Indicators

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

Ballantyne Strong September 20, 2021 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 Ballantyne 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.
Continue to Trending Equities. Note that the Ballantyne Strong information on this page should be used as a complementary analysis to other Ballantyne Strong'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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for Ballantyne Stock analysis

When running Ballantyne Strong price analysis, check to measure Ballantyne Strong'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 Ballantyne Strong is operating at the current time. Most of Ballantyne Strong's value examination focuses on studying past and present price action to predict the probability of Ballantyne Strong's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ballantyne Strong's price. Additionally, you may evaluate how the addition of Ballantyne Strong to your portfolios can decrease your overall portfolio volatility.
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The market value of Ballantyne Strong is measured differently than its book value, which is the value of Ballantyne that is recorded on the company's balance sheet. Investors also form their own opinion of Ballantyne Strong's value that differs from its market value or its book value, called intrinsic value, which is Ballantyne Strong'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 Ballantyne Strong's market value can be influenced by many factors that don't directly affect Ballantyne Strong underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ballantyne Strong's value and its price as these two are different measures arrived at by different means. Investors typically determine Ballantyne Strong value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ballantyne Strong'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.