Quicklogic Stock Technical Analysis
| QUIK Stock | USD 14.23 0.31 2.23% |
As of the 6th of May, QuickLogic holds the Semi Deviation of 3.82, risk adjusted performance of 0.0627, and Coefficient Of Variation of 1169.86. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of QuickLogic, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to collect and analyze data for nineteen technical drivers for QuickLogic, which can be compared to its competitors. Please check QuickLogic coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if QuickLogic is priced some-what accurately, providing market reflects its current price of 14.23 per share. Given that QuickLogic has jensen alpha of 0.3137, we recommend you to check out QuickLogic's recent market performance to make sure the company can sustain itself at a future point.
QuickLogic Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as QuickLogic, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to QuickLogicQuickLogic |
QuickLogic Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 10.5 | Strong Buy | 2 | Odds |
Most QuickLogic 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 QuickLogic stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of QuickLogic, talking to its executives and customers, or listening to QuickLogic conference calls.
QuickLogic 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.
QuickLogic Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 QuickLogic volatility. High ATR values indicate high volatility, and low values indicate low volatility.
QuickLogic Trend Analysis
Use this graph to draw trend lines for QuickLogic. You can use it to identify possible trend reversals for QuickLogic 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 QuickLogic price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.QuickLogic Best Fit Change Line
The following chart estimates an ordinary least squares regression model for QuickLogic applied against its price change over selected period. The best fit line has a slop of 0.0075 , which may suggest that QuickLogic market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2.14, which is the sum of squared deviations for the predicted QuickLogic price change compared to its average price change.About QuickLogic 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 QuickLogic 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 QuickLogic based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on QuickLogic price pattern first instead of the macroeconomic environment surrounding QuickLogic. By analyzing QuickLogic'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 QuickLogic'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 QuickLogic specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2017 | 2018 | 2023 | 2024 (projected) | Days Sales Outstanding | 27.79 | 105.48 | 110.78 | 116.32 | PTB Ratio | 9.04 | 5.44 | 11.04 | 11.59 |
QuickLogic May 6, 2024 Technical Indicators
Most technical analysis of QuickLogic 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 QuickLogic from various momentum indicators to cycle indicators. When you analyze QuickLogic 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 | 0.0627 | |||
| Market Risk Adjusted Performance | 0.2978 | |||
| Mean Deviation | 3.42 | |||
| Semi Deviation | 3.82 | |||
| Downside Deviation | 4.12 | |||
| Coefficient Of Variation | 1169.86 | |||
| Standard Deviation | 4.95 | |||
| Variance | 24.54 | |||
| Information Ratio | 0.0694 | |||
| Jensen Alpha | 0.3137 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0836 | |||
| Treynor Ratio | 0.2878 | |||
| Maximum Drawdown | 36.61 | |||
| Value At Risk | (5.27) | |||
| Potential Upside | 8.38 | |||
| Downside Variance | 16.96 | |||
| Semi Variance | 14.59 | |||
| Expected Short fall | (3.83) | |||
| Skewness | 1.3 | |||
| Kurtosis | 6.48 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in QuickLogic. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy QuickLogic Stock please use our How to buy in QuickLogic Stock guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for QuickLogic Stock analysis
When running QuickLogic's price analysis, check to measure QuickLogic'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 QuickLogic is operating at the current time. Most of QuickLogic's value examination focuses on studying past and present price action to predict the probability of QuickLogic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move QuickLogic's price. Additionally, you may evaluate how the addition of QuickLogic to your portfolios can decrease your overall portfolio volatility.
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Is QuickLogic'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 QuickLogic. If investors know QuickLogic 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 QuickLogic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.02) | Revenue Per Share 1.576 | Quarterly Revenue Growth 0.831 | Return On Assets 0.0011 | Return On Equity (0.02) |
The market value of QuickLogic is measured differently than its book value, which is the value of QuickLogic that is recorded on the company's balance sheet. Investors also form their own opinion of QuickLogic's value that differs from its market value or its book value, called intrinsic value, which is QuickLogic'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 QuickLogic's market value can be influenced by many factors that don't directly affect QuickLogic'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 QuickLogic's value and its price as these two are different measures arrived at by different means. Investors typically determine if QuickLogic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QuickLogic'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.