Stealthgas Stock Technical Analysis
| GASS Stock | USD 5.94 0.07 1.16% |
As of the 25th of April, StealthGas has the Risk Adjusted Performance of (0.06), coefficient of variation of (987.35), and Variance of 4.95. StealthGas technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We are able to interpolate and collect thirteen technical drivers for StealthGas, which can be compared to its competition. Please validate StealthGas mean deviation, treynor ratio, as well as the relationship between the Treynor Ratio and kurtosis to decide if StealthGas is priced more or less accurately, providing market reflects its prevalent price of 5.94 per share. Given that StealthGas has information ratio of (0.14), we advise you to double-check StealthGas's current market performance to make sure the company can sustain itself at a future point.
StealthGas Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as StealthGas, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to StealthGasStealthGas |
StealthGas Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 8.0 | Buy | 1 | Odds |
Most StealthGas 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 StealthGas stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of StealthGas, talking to its executives and customers, or listening to StealthGas conference calls.
StealthGas 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.
StealthGas 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 StealthGas volatility. High ATR values indicate high volatility, and low values indicate low volatility.
StealthGas Trend Analysis
Use this graph to draw trend lines for StealthGas. You can use it to identify possible trend reversals for StealthGas 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 StealthGas price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.StealthGas Best Fit Change Line
The following chart estimates an ordinary least squares regression model for StealthGas applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that StealthGas market price will keep on failing further. It has 122 observation points and a regression sum of squares at 28.35, which is the sum of squared deviations for the predicted StealthGas price change compared to its average price change.About StealthGas 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 StealthGas 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 StealthGas based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on StealthGas price pattern first instead of the macroeconomic environment surrounding StealthGas. By analyzing StealthGas'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 StealthGas'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 StealthGas specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 5.45 | 11.5 | 11.6 | 11.02 | PTB Ratio | 0.17 | 0.2 | 0.44 | 0.57 |
StealthGas April 25, 2024 Technical Indicators
Most technical analysis of StealthGas 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 StealthGas from various momentum indicators to cycle indicators. When you analyze StealthGas 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 | (0.06) | |||
| Market Risk Adjusted Performance | (0.52) | |||
| Mean Deviation | 1.55 | |||
| Coefficient Of Variation | (987.35) | |||
| Standard Deviation | 2.23 | |||
| Variance | 4.95 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | (0.53) | |||
| Maximum Drawdown | 14.66 | |||
| Value At Risk | (3.53) | |||
| Potential Upside | 3.24 | |||
| Skewness | (0.61) | |||
| Kurtosis | 3.29 |
StealthGas 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 StealthGas 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 | 2,626 | ||
| Daily Balance Of Power | (0.39) | ||
| Rate Of Daily Change | 0.99 | ||
| Day Median Price | 6.00 | ||
| Day Typical Price | 5.98 | ||
| Price Action Indicator | (0.09) |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in StealthGas. 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 more information on how to buy StealthGas Stock please use our How to Invest in StealthGas guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for StealthGas Stock analysis
When running StealthGas' price analysis, check to measure StealthGas' 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 StealthGas is operating at the current time. Most of StealthGas' value examination focuses on studying past and present price action to predict the probability of StealthGas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move StealthGas' price. Additionally, you may evaluate how the addition of StealthGas to your portfolios can decrease your overall portfolio volatility.
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Is StealthGas' 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 StealthGas. If investors know StealthGas 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 StealthGas 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 0.27 | Earnings Share 1.26 | Revenue Per Share 3.862 | Quarterly Revenue Growth (0.20) | Return On Assets 0.0337 |
The market value of StealthGas is measured differently than its book value, which is the value of StealthGas that is recorded on the company's balance sheet. Investors also form their own opinion of StealthGas' value that differs from its market value or its book value, called intrinsic value, which is StealthGas' 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 StealthGas' market value can be influenced by many factors that don't directly affect StealthGas' 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 StealthGas' value and its price as these two are different measures arrived at by different means. Investors typically determine if StealthGas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, StealthGas' 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.