Jasper Therapeutics Stock Technical Analysis

JSPR Stock  USD 23.21  0.61  2.56%   
As of the 18th of April 2024, Jasper Therapeutics retains the Downside Deviation of 4.72, market risk adjusted performance of 0.8791, and Risk Adjusted Performance of 0.1983. Jasper Therapeutics 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 nineteen technical drivers for Jasper Therapeutics, which can be compared to its competitors. Please check out Jasper Therapeutics variance and potential upside to decide if Jasper Therapeutics is priced fairly, providing market reflects its last-minute price of 23.21 per share. Given that Jasper Therapeutics has jensen alpha of 1.65, we strongly advise you to confirm Jasper Therapeutics's regular market performance to make sure the company can sustain itself at a future point.

Jasper Therapeutics Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Jasper, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Jasper
  
Jasper Therapeutics' 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.

Jasper Therapeutics Analyst Consensus

Target PriceAdvice# of Analysts
7.0Strong Buy7Odds
Jasper Therapeutics current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Jasper 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 Jasper stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Jasper Therapeutics, talking to its executives and customers, or listening to Jasper conference calls.
Jasper Analyst Advice Details
Jasper Therapeutics 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 Jasper Therapeutics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Jasper Therapeutics 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...

Jasper Therapeutics Technical Analysis

Indicator
Time Period
Execute Indicator
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 Jasper Therapeutics volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Jasper Therapeutics Trend Analysis

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

Jasper Therapeutics Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Jasper Therapeutics applied against its price change over selected period. The best fit line has a slop of   0.31  , which means Jasper Therapeutics will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3629.79, which is the sum of squared deviations for the predicted Jasper Therapeutics price change compared to its average price change.

About Jasper Therapeutics 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 Jasper Therapeutics 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 Jasper Therapeutics based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Jasper Therapeutics price pattern first instead of the macroeconomic environment surrounding Jasper Therapeutics. By analyzing Jasper Therapeutics'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 Jasper Therapeutics'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 Jasper Therapeutics specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Current Ratio10.955.917.199.43
Net Debt To EBITDA1.90.541.211.15

Jasper Therapeutics April 18, 2024 Technical Indicators

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

Jasper Therapeutics April 18, 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 Jasper 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 Jasper Therapeutics is a strong investment it is important to analyze Jasper Therapeutics' 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 Jasper Therapeutics' future performance. For an informed investment choice regarding Jasper 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 Jasper Therapeutics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
To learn how to invest in Jasper Stock, please use our How to Invest in Jasper Therapeutics guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

Complementary Tools for Jasper Stock analysis

When running Jasper Therapeutics' price analysis, check to measure Jasper Therapeutics' 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 Jasper Therapeutics is operating at the current time. Most of Jasper Therapeutics' value examination focuses on studying past and present price action to predict the probability of Jasper Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jasper Therapeutics' price. Additionally, you may evaluate how the addition of Jasper Therapeutics to your portfolios can decrease your overall portfolio volatility.
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Is Jasper Therapeutics' 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 Jasper Therapeutics. If investors know Jasper 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 Jasper Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(61.80)
Return On Assets
(0.60)
Return On Equity
(1.13)
The market value of Jasper Therapeutics is measured differently than its book value, which is the value of Jasper that is recorded on the company's balance sheet. Investors also form their own opinion of Jasper Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Jasper Therapeutics' 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 Jasper Therapeutics' market value can be influenced by many factors that don't directly affect Jasper Therapeutics' 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 Jasper Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Jasper Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jasper Therapeutics' 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.