Inrad Optics Stock Technical Analysis
INRD Stock | USD 1.09 0.01 0.93% |
As of the 20th of May, Inrad Optics retains the Market Risk Adjusted Performance of (0.06), risk adjusted performance of 0.0073, and Standard Deviation of 6.01. Inrad Optics 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 data for thirteen technical drivers for Inrad Optics, which can be compared to its competitors. Please check out Inrad Optics market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Inrad Optics is priced fairly, providing market reflects its last-minute price of 1.09 per share. Given that Inrad Optics is a hitting penny stock territory we urge to closely look at its jensen alpha.
Inrad Optics Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Inrad, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to InradInrad |
Inrad Optics technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Inrad Optics 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 Inrad Optics volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Inrad Optics Trend Analysis
Use this graph to draw trend lines for Inrad Optics. You can use it to identify possible trend reversals for Inrad Optics 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 Inrad Optics price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Inrad Optics Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Inrad Optics applied against its price change over selected period. The best fit line has a slop of 0.0058 , which may suggest that Inrad Optics market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.26, which is the sum of squared deviations for the predicted Inrad Optics price change compared to its average price change.About Inrad Optics 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 Inrad Optics 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 Inrad Optics based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Inrad Optics price pattern first instead of the macroeconomic environment surrounding Inrad Optics. By analyzing Inrad Optics'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 Inrad Optics'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 Inrad Optics specific price patterns or momentum indicators. Please read more on our technical analysis page.
Inrad Optics May 20, 2024 Technical Indicators
Most technical analysis of Inrad 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 Inrad from various momentum indicators to cycle indicators. When you analyze Inrad 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 | 0.0073 | |||
Market Risk Adjusted Performance | (0.06) | |||
Mean Deviation | 2.42 | |||
Coefficient Of Variation | (33,125) | |||
Standard Deviation | 6.01 | |||
Variance | 36.07 | |||
Information Ratio | (0.02) | |||
Jensen Alpha | (0.06) | |||
Total Risk Alpha | (0.94) | |||
Treynor Ratio | (0.07) | |||
Maximum Drawdown | 48.83 | |||
Value At Risk | (5.59) | |||
Potential Upside | 10.37 | |||
Skewness | (1.06) | |||
Kurtosis | 9.79 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inrad Optics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Inrad Pink Sheet analysis
When running Inrad Optics' price analysis, check to measure Inrad Optics' 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 Inrad Optics is operating at the current time. Most of Inrad Optics' value examination focuses on studying past and present price action to predict the probability of Inrad Optics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inrad Optics' price. Additionally, you may evaluate how the addition of Inrad Optics to your portfolios can decrease your overall portfolio volatility.
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