Standard Biotools Stock Technical Analysis

LAB Stock  USD 2.42  0.14  5.47%   
As of the 24th of April, Standard Biotools has the Coefficient Of Variation of 1266.02, semi deviation of 2.29, and Risk Adjusted Performance of 0.0572. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Standard Biotools, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Standard Biotools, which can be compared to its competition. Please validate Standard Biotools variance, maximum drawdown, and the relationship between the coefficient of variation and jensen alpha to decide if Standard Biotools is priced more or less accurately, providing market reflects its prevalent price of 2.42 per share. Please also confirm Standard Biotools total risk alpha, which is currently at (0.19) to double-check the company can sustain itself at a future point.

Standard Biotools Momentum Analysis

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

Standard Biotools Analyst Consensus

Target PriceAdvice# of Analysts
0.55Strong Buy3Odds
Standard Biotools current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Standard 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 Standard stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Standard Biotools, talking to its executives and customers, or listening to Standard conference calls.
Standard Analyst Advice Details
Standard Biotools 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 Standard Biotools technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Standard Biotools 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...

Standard Biotools 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 Standard Biotools volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Standard Biotools Trend Analysis

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

Standard Biotools Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Standard Biotools applied against its price change over selected period. The best fit line has a slop of   0.01  , which may imply that Standard Biotools will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 1.72, which is the sum of squared deviations for the predicted Standard Biotools price change compared to its average price change.

About Standard Biotools 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 Standard Biotools 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 Standard Biotools based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Standard Biotools price pattern first instead of the macroeconomic environment surrounding Standard Biotools. By analyzing Standard Biotools'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 Standard Biotools'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 Standard Biotools specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.0011570.0011
Price To Sales Ratio1.651.56

Standard Biotools April 24, 2024 Technical Indicators

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

Standard Biotools 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 Standard 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 Standard Biotools offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Standard Biotools' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Standard Biotools Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Standard Biotools Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Standard Biotools. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Standard Stock refer to our How to Trade Standard Stock guide.
Note that the Standard Biotools information on this page should be used as a complementary analysis to other Standard Biotools' 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 the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Complementary Tools for Standard Stock analysis

When running Standard Biotools' price analysis, check to measure Standard Biotools' 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 Standard Biotools is operating at the current time. Most of Standard Biotools' value examination focuses on studying past and present price action to predict the probability of Standard Biotools' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Standard Biotools' price. Additionally, you may evaluate how the addition of Standard Biotools to your portfolios can decrease your overall portfolio volatility.
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Is Standard Biotools' 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 Standard Biotools. If investors know Standard 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 Standard Biotools listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.94)
Revenue Per Share
1.343
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.11)
Return On Equity
(0.38)
The market value of Standard Biotools is measured differently than its book value, which is the value of Standard that is recorded on the company's balance sheet. Investors also form their own opinion of Standard Biotools' value that differs from its market value or its book value, called intrinsic value, which is Standard Biotools' 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 Standard Biotools' market value can be influenced by many factors that don't directly affect Standard Biotools' 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 Standard Biotools' value and its price as these two are different measures arrived at by different means. Investors typically determine if Standard Biotools is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Standard Biotools' 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.