Trade Desk Stock Technical Analysis
TTD Stock | USD 81.07 3.23 4.15% |
As of the 23rd of April, Trade Desk has the Coefficient Of Variation of 991.99, semi deviation of 2.21, and Risk Adjusted Performance of 0.0701. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Trade Desk, 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 interpolate and analyze data for nineteen technical drivers for Trade Desk, which can be compared to its competition. Please validate Trade Desk variance, as well as the relationship between the value at risk and skewness to decide if Trade Desk is priced more or less accurately, providing market reflects its prevalent price of 81.07 per share. Given that Trade Desk has jensen alpha of 0.2071, we advise you to double-check Trade Desk's current market performance to make sure the company can sustain itself at a future point.
Trade Desk Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Trade, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TradeTrade |
Trade Desk Analyst Consensus
Target Price | Advice | # of Analysts | |
86.79 | Strong Buy | 33 | Odds |
Most Trade 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 Trade stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Trade Desk, talking to its executives and customers, or listening to Trade conference calls.
Trade Desk 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.
Trade Desk Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Trade Desk volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Trade Desk Trend Analysis
Use this graph to draw trend lines for Trade Desk. You can use it to identify possible trend reversals for Trade Desk 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 Trade Desk price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Trade Desk Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Trade Desk applied against its price change over selected period. The best fit line has a slop of 0.24 , which may imply that Trade Desk will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 2187.73, which is the sum of squared deviations for the predicted Trade Desk price change compared to its average price change.About Trade Desk 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 Trade Desk 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 Trade Desk based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Trade Desk price pattern first instead of the macroeconomic environment surrounding Trade Desk. By analyzing Trade Desk'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 Trade Desk'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 Trade Desk specific price patterns or momentum indicators. Please read more on our technical analysis page.
2023 | 2024 (projected) | Dividend Yield | 0.001386 | 0.001317 | Price To Sales Ratio | 18.09 | 15.55 |
Trade Desk April 23, 2024 Technical Indicators
Most technical analysis of Trade 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 Trade from various momentum indicators to cycle indicators. When you analyze Trade 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 | 0.0701 | |||
Market Risk Adjusted Performance | 0.2489 | |||
Mean Deviation | 2.02 | |||
Semi Deviation | 2.21 | |||
Downside Deviation | 2.46 | |||
Coefficient Of Variation | 991.99 | |||
Standard Deviation | 3.17 | |||
Variance | 10.07 | |||
Information Ratio | 0.0727 | |||
Jensen Alpha | 0.2071 | |||
Total Risk Alpha | (0.1) | |||
Sortino Ratio | 0.0936 | |||
Treynor Ratio | 0.2389 | |||
Maximum Drawdown | 24.62 | |||
Value At Risk | (3.57) | |||
Potential Upside | 4.15 | |||
Downside Variance | 6.07 | |||
Semi Variance | 4.9 | |||
Expected Short fall | (2.40) | |||
Skewness | 2.18 | |||
Kurtosis | 12.57 |
Trade Desk April 23, 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 Trade 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.
Accumulation Distribution | 168,090 | ||
Daily Balance Of Power | 0.76 | ||
Rate Of Daily Change | 1.04 | ||
Day Median Price | 80.04 | ||
Day Typical Price | 80.38 | ||
Price Action Indicator | 2.64 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trade Desk. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Trade Stock refer to our How to Trade Trade Stock guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Trade Stock analysis
When running Trade Desk's price analysis, check to measure Trade Desk'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 Trade Desk is operating at the current time. Most of Trade Desk's value examination focuses on studying past and present price action to predict the probability of Trade Desk's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trade Desk's price. Additionally, you may evaluate how the addition of Trade Desk to your portfolios can decrease your overall portfolio volatility.
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Global Correlations Find global opportunities by holding instruments from different markets | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities |
Is Trade Desk'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 Trade Desk. If investors know Trade 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 Trade Desk listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.366 | Earnings Share 0.36 | Revenue Per Share 3.978 | Quarterly Revenue Growth 0.234 | Return On Assets 0.027 |
The market value of Trade Desk is measured differently than its book value, which is the value of Trade that is recorded on the company's balance sheet. Investors also form their own opinion of Trade Desk's value that differs from its market value or its book value, called intrinsic value, which is Trade Desk'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 Trade Desk's market value can be influenced by many factors that don't directly affect Trade Desk'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 Trade Desk's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trade Desk is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trade Desk'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.