Gravity Co Stock Technical Analysis
| GRVY Stock | USD 66.50 0.30 0.45% |
As of the 18th of April 2024, Gravity retains the risk adjusted performance of (0.03), and Market Risk Adjusted Performance of (0.09). Gravity technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate and analyze data for thirteen technical drivers for Gravity, which can be compared to its competitors. Please check out Gravity information ratio, and the relationship between the coefficient of variation and value at risk to decide if Gravity is priced fairly, providing market reflects its last-minute price of 66.5 per share. Given that Gravity Co has information ratio of (0.08), we strongly advise you to confirm Gravity's regular market performance to make sure the company can sustain itself at a future point.
Gravity Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Gravity, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GravityGravity |
Gravity 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.
Gravity Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Gravity volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Gravity Trend Analysis
Use this graph to draw trend lines for Gravity Co. You can use it to identify possible trend reversals for Gravity 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 Gravity price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Gravity Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Gravity Co applied against its price change over selected period. The best fit line has a slop of 0.11 , which means Gravity Co will continue generating value for investors. It has 122 observation points and a regression sum of squares at 462.18, which is the sum of squared deviations for the predicted Gravity price change compared to its average price change.About Gravity 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 Gravity Co 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 Gravity Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Gravity price pattern first instead of the macroeconomic environment surrounding Gravity. By analyzing Gravity'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 Gravity'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 Gravity specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 47.35 | 60.93 | 70.07 | 76.0 | PTB Ratio | 2.29 | 1.08 | 1.24 | 1.18 |
Gravity April 18, 2024 Technical Indicators
Most technical analysis of Gravity 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 Gravity from various momentum indicators to cycle indicators. When you analyze Gravity 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 | 1.5 | |||
| Coefficient Of Variation | (1,764) | |||
| Standard Deviation | 2.13 | |||
| Variance | 4.54 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (0.1) | |||
| Maximum Drawdown | 12.03 | |||
| Value At Risk | (3.76) | |||
| Potential Upside | 3.06 | |||
| Skewness | (0.34) | |||
| Kurtosis | 1.72 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gravity Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Gravity Stock analysis
When running Gravity's price analysis, check to measure Gravity'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 Gravity is operating at the current time. Most of Gravity's value examination focuses on studying past and present price action to predict the probability of Gravity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gravity's price. Additionally, you may evaluate how the addition of Gravity to your portfolios can decrease your overall portfolio volatility.
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Is Gravity'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 Gravity. If investors know Gravity 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 Gravity 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 (0.35) | Earnings Share 13.75 | Revenue Per Share 102.7 K | Quarterly Revenue Growth (0.20) | Return On Assets 0.1821 |
The market value of Gravity is measured differently than its book value, which is the value of Gravity that is recorded on the company's balance sheet. Investors also form their own opinion of Gravity's value that differs from its market value or its book value, called intrinsic value, which is Gravity'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 Gravity's market value can be influenced by many factors that don't directly affect Gravity'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 Gravity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gravity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gravity'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.