Broadway Financial Stock Technical Analysis
| BYFC Stock | USD 5.14 0.28 5.76% |
As of the 25th of April, Broadway Financial shows the Mean Deviation of 1.94, risk adjusted performance of (0.07), and Standard Deviation of 2.67. Broadway Financial 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 analyze and collect data for thirteen technical drivers for Broadway Financial, which can be compared to its peers. Please confirm Broadway Financial variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Broadway Financial is priced correctly, providing market reflects its regular price of 5.14 per share. Given that Broadway Financial has information ratio of (0.17), we suggest you to validate Broadway Financial's prevailing market performance to make sure the company can sustain itself at a future point.
Broadway Financial Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Broadway, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BroadwayBroadway |
Broadway Financial 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.
Broadway Financial Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Broadway Financial volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Broadway Financial Trend Analysis
Use this graph to draw trend lines for Broadway Financial. You can use it to identify possible trend reversals for Broadway Financial 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 Broadway Financial price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Broadway Financial Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Broadway Financial applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that Broadway Financial market price will keep on failing further. It has 122 observation points and a regression sum of squares at 15.29, which is the sum of squared deviations for the predicted Broadway Financial price change compared to its average price change.About Broadway Financial 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 Broadway Financial 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 Broadway Financial based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Broadway Financial price pattern first instead of the macroeconomic environment surrounding Broadway Financial. By analyzing Broadway Financial'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 Broadway Financial'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 Broadway Financial specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2022 | 2023 | 2024 (projected) | Dividend Yield | 2.05E-4 | 1.85E-4 | 1.75E-4 | Price To Sales Ratio | 2.15 | 1.93 | 1.84 |
Broadway Financial April 25, 2024 Technical Indicators
Most technical analysis of Broadway 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 Broadway from various momentum indicators to cycle indicators. When you analyze Broadway 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 | (0.07) | |||
| Market Risk Adjusted Performance | 2.26 | |||
| Mean Deviation | 1.94 | |||
| Coefficient Of Variation | (762.73) | |||
| Standard Deviation | 2.67 | |||
| Variance | 7.12 | |||
| Information Ratio | (0.17) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.73) | |||
| Treynor Ratio | 2.25 | |||
| Maximum Drawdown | 12.83 | |||
| Value At Risk | (4.69) | |||
| Potential Upside | 4.3 | |||
| Skewness | (0.15) | |||
| Kurtosis | 1.24 |
Broadway Financial 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 Broadway 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.
| Accumulation Distribution | 40.39 | ||
| Daily Balance Of Power | 1.87 | ||
| Rate Of Daily Change | 1.06 | ||
| Day Median Price | 5.06 | ||
| Day Typical Price | 5.09 | ||
| Price Action Indicator | 0.21 | ||
| Market Facilitation Index | 0.0001 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Broadway Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. For information on how to trade Broadway Stock refer to our How to Trade Broadway Stock guide.Note that the Broadway Financial information on this page should be used as a complementary analysis to other Broadway Financial'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 the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for Broadway Stock analysis
When running Broadway Financial's price analysis, check to measure Broadway Financial'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 Broadway Financial is operating at the current time. Most of Broadway Financial's value examination focuses on studying past and present price action to predict the probability of Broadway Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Broadway Financial's price. Additionally, you may evaluate how the addition of Broadway Financial to your portfolios can decrease your overall portfolio volatility.
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Is Broadway Financial'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 Broadway Financial. If investors know Broadway 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 Broadway Financial 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 (0.87) | Earnings Share 0.56 | Revenue Per Share 3.606 | Quarterly Revenue Growth (0.24) | Return On Assets 0.0038 |
The market value of Broadway Financial is measured differently than its book value, which is the value of Broadway that is recorded on the company's balance sheet. Investors also form their own opinion of Broadway Financial's value that differs from its market value or its book value, called intrinsic value, which is Broadway Financial'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 Broadway Financial's market value can be influenced by many factors that don't directly affect Broadway Financial'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 Broadway Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Broadway Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Broadway Financial'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.