Ensysce Biosciences Stock Technical Analysis
| ENSC Stock | USD 0.56 0 0.25% |
As of the 25th of April, Ensysce Biosciences shows the Mean Deviation of 4.5, variance of 44.62, and Standard Deviation of 6.68. Ensysce Biosciences technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes 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 interpolate and collect thirteen technical drivers for Ensysce Biosciences, which can be compared to its peers. Please confirm Ensysce Biosciences market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Ensysce Biosciences is priced favorably, providing market reflects its regular price of 0.5586 per share. As Ensysce Biosciences is a penny stock we also recommend to verify its jensen alpha numbers.
Ensysce Biosciences Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Ensysce, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EnsysceEnsysce |
Ensysce Biosciences Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 13.72 | Buy | 1 | Odds |
Most Ensysce 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 Ensysce stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Ensysce Biosciences, talking to its executives and customers, or listening to Ensysce conference calls.
Ensysce Biosciences 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.
Ensysce Biosciences 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 Ensysce Biosciences volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Ensysce Biosciences Trend Analysis
Use this graph to draw trend lines for Ensysce Biosciences. You can use it to identify possible trend reversals for Ensysce Biosciences 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 Ensysce Biosciences price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Ensysce Biosciences Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Ensysce Biosciences applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that Ensysce Biosciences market price will keep on failing further. It has 122 observation points and a regression sum of squares at 5.66, which is the sum of squared deviations for the predicted Ensysce Biosciences price change compared to its average price change.About Ensysce Biosciences 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 Ensysce Biosciences 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 Ensysce Biosciences based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Ensysce Biosciences price pattern first instead of the macroeconomic environment surrounding Ensysce Biosciences. By analyzing Ensysce Biosciences'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 Ensysce Biosciences'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 Ensysce Biosciences specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.56 | 0.005391 | 0.005121 | Price To Sales Ratio | 0.64 | 1.08 | 1.02 |
Ensysce Biosciences April 25, 2024 Technical Indicators
Most technical analysis of Ensysce 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 Ensysce from various momentum indicators to cycle indicators. When you analyze Ensysce 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.
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| Risk Adjusted Performance | (0.07) | |||
| Market Risk Adjusted Performance | (4.70) | |||
| Mean Deviation | 4.5 | |||
| Coefficient Of Variation | (791.16) | |||
| Standard Deviation | 6.68 | |||
| Variance | 44.62 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (0.87) | |||
| Total Risk Alpha | (1.77) | |||
| Treynor Ratio | (4.71) | |||
| Maximum Drawdown | 46.49 | |||
| Value At Risk | (10.64) | |||
| Potential Upside | 7.55 | |||
| Skewness | (0.24) | |||
| Kurtosis | 3.72 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ensysce Biosciences. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For information on how to trade Ensysce Stock refer to our How to Trade Ensysce Stock guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for Ensysce Stock analysis
When running Ensysce Biosciences' price analysis, check to measure Ensysce Biosciences' 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 Ensysce Biosciences is operating at the current time. Most of Ensysce Biosciences' value examination focuses on studying past and present price action to predict the probability of Ensysce Biosciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ensysce Biosciences' price. Additionally, you may evaluate how the addition of Ensysce Biosciences to your portfolios can decrease your overall portfolio volatility.
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Is Ensysce Biosciences' 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 Ensysce Biosciences. If investors know Ensysce 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 Ensysce Biosciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.69) | Revenue Per Share 0.985 | Quarterly Revenue Growth (0.64) | Return On Assets (1.56) | Return On Equity (13.20) |
The market value of Ensysce Biosciences is measured differently than its book value, which is the value of Ensysce that is recorded on the company's balance sheet. Investors also form their own opinion of Ensysce Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Ensysce Biosciences' 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 Ensysce Biosciences' market value can be influenced by many factors that don't directly affect Ensysce Biosciences' 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 Ensysce Biosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ensysce Biosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ensysce Biosciences' 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.