Amtd Digital Stock Technical Analysis

HKD Stock  USD 3.36  0.24  7.69%   
As of the 24th of April, AMTD Digital shows the risk adjusted performance of (0.06), and Mean Deviation of 2.17. AMTD Digital 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 collect data for thirteen technical drivers for AMTD Digital, which can be compared to its peers. Please confirm AMTD Digital information ratio, and the relationship between the coefficient of variation and value at risk to decide if AMTD Digital is priced some-what accurately, providing market reflects its regular price of 3.36 per share. Given that AMTD Digital has information ratio of (0.15), we suggest you to validate AMTD Digital's prevailing market performance to make sure the company can sustain itself at some point in the future.

AMTD Digital Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as AMTD, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AMTD
  
AMTD Digital's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
AMTD Digital 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 AMTD Digital technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of AMTD Digital 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...

AMTD Digital Technical Analysis

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The output start index for this execution was thirty with a total number of output elements of thirty-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 AMTD Digital volatility. High ATR values indicate high volatility, and low values indicate low volatility.

AMTD Digital Trend Analysis

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

AMTD Digital Best Fit Change Line

The following chart estimates an ordinary least squares regression model for AMTD Digital applied against its price change over selected period. The best fit line has a slop of   0.02  , which may imply that the returns on investment in AMTD Digital will continue to fail. It has 122 observation points and a regression sum of squares at 11.8, which is the sum of squared deviations for the predicted AMTD Digital price change compared to its average price change.

About AMTD Digital 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 AMTD Digital 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 AMTD Digital based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on AMTD Digital price pattern first instead of the macroeconomic environment surrounding AMTD Digital. By analyzing AMTD Digital'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 AMTD Digital'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 AMTD Digital specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding5.3K1.6K1.8K1.7K
PTB Ratio6.972.542.922.78

AMTD Digital April 24, 2024 Technical Indicators

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

AMTD Digital April 24, 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 AMTD 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.
When determining whether AMTD Digital is a strong investment it is important to analyze AMTD Digital's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact AMTD Digital's future performance. For an informed investment choice regarding AMTD Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in AMTD Digital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
For information on how to trade AMTD Stock refer to our How to Trade AMTD Stock guide.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

Complementary Tools for AMTD Stock analysis

When running AMTD Digital's price analysis, check to measure AMTD Digital'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 AMTD Digital is operating at the current time. Most of AMTD Digital's value examination focuses on studying past and present price action to predict the probability of AMTD Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AMTD Digital's price. Additionally, you may evaluate how the addition of AMTD Digital to your portfolios can decrease your overall portfolio volatility.
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Is AMTD Digital'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 AMTD Digital. If investors know AMTD 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 AMTD Digital 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
0.218
Earnings Share
0.22
Revenue Per Share
0.178
Quarterly Revenue Growth
0.55
Return On Assets
0.0171
The market value of AMTD Digital is measured differently than its book value, which is the value of AMTD that is recorded on the company's balance sheet. Investors also form their own opinion of AMTD Digital's value that differs from its market value or its book value, called intrinsic value, which is AMTD Digital'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 AMTD Digital's market value can be influenced by many factors that don't directly affect AMTD Digital'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 AMTD Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if AMTD Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AMTD Digital'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.