Holobeam OTC Stock Technical Analysis

HOOB -  USA Stock  

USD 32.70  0.00  0.00%

As of the 30th of November, Holobeam retains the market risk adjusted performance of (0.41), and Risk Adjusted Performance of 0.0302. Holobeam 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 break down and interpolate data for nineteen technical drivers for Holobeam, which can be compared to its competitors. Please check out Holobeam maximum drawdown, and the relationship between the information ratio and downside variance to decide if Holobeam is priced fairly, providing market reflects its last-minute price of 32.7 per share. Given that Holobeam has jensen alpha of 0.1803, we strongly advise you to confirm Holobeam's regular market performance to make sure the company can sustain itself at a future point.

Holobeam Technical Analysis 

 
Refresh
Holobeam technical otc 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 Holobeam technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Holobeam 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...

Holobeam Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Holobeam volatility developed by Welles Wilder. View also all equity analysis or get more info about true range volatility indicators indicator.

Holobeam Trend Analysis

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

Holobeam Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Holobeam applied against its price change over selected period. The best fit line has a slop of   -0.28  , which may suggest that Holobeam market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2928.35, which is the sum of squared deviations for the predicted Holobeam price change compared to its average price change.

About Holobeam 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 Holobeam 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 Holobeam based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Holobeam stock first instead of the macroeconomic environment surrounding Holobeam. By analyzing Holobeam'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 Holobeam'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 Holobeam specific price patterns or momentum indicators. Please read more on our technical analysis page.

Holobeam November 30, 2021 Technical Indicators

Most technical analysis of Holobeam 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 Holobeam from various momentum indicators to cycle indicators. When you analyze Holobeam 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.
Please check Risk vs Return Analysis. Note that the Holobeam information on this page should be used as a complementary analysis to other Holobeam'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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Complementary Tools for Holobeam OTC Stock analysis

When running Holobeam price analysis, check to measure Holobeam'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 Holobeam is operating at the current time. Most of Holobeam's value examination focuses on studying past and present price action to predict the probability of Holobeam's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Holobeam's price. Additionally, you may evaluate how the addition of Holobeam to your portfolios can decrease your overall portfolio volatility.
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Go
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Is Holobeam'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 Holobeam. If investors know Holobeam 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 Holobeam listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Holobeam is measured differently than its book value, which is the value of Holobeam that is recorded on the company's balance sheet. Investors also form their own opinion of Holobeam's value that differs from its market value or its book value, called intrinsic value, which is Holobeam'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 Holobeam's market value can be influenced by many factors that don't directly affect Holobeam'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 Holobeam's value and its price as these two are different measures arrived at by different means. Investors typically determine Holobeam value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Holobeam'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.