Wisa Technologies Stock Technical Analysis
| WISA Stock | USD 6.10 4.35 248.57% |
As of the 17th of April 2024, WiSA Technologies maintains the Mean Deviation of 9.56, downside deviation of 11.47, and Market Risk Adjusted Performance of (0.17). Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of WiSA Technologies, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We are able to interpolate and collect nineteen technical drivers for WiSA Technologies, which can be compared to its peers. Please check out WiSA Technologies jensen alpha, potential upside, as well as the relationship between the Potential Upside and skewness to decide if WiSA Technologies is priced fairly, providing market reflects its latest price of 6.1 per share. Given that WiSA Technologies has jensen alpha of 1.14, we strongly advise you to confirm WiSA Technologies's prevalent market performance to make sure the company can sustain itself at a future point.
WiSA Technologies Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as WiSA, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WiSAWiSA |
WiSA Technologies Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 5.5 | Buy | 2 | Odds |
Most WiSA 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 WiSA stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of WiSA Technologies, talking to its executives and customers, or listening to WiSA conference calls.
WiSA Technologies 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.
WiSA Technologies Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-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 WiSA Technologies volatility. High ATR values indicate high volatility, and low values indicate low volatility.
WiSA Technologies Trend Analysis
Use this graph to draw trend lines for WiSA Technologies. You can use it to identify possible trend reversals for WiSA Technologies 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 WiSA Technologies price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.WiSA Technologies Best Fit Change Line
The following chart estimates an ordinary least squares regression model for WiSA Technologies applied against its price change over selected period. The best fit line has a slop of 0.2 , which may suggest that WiSA Technologies market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1588.3, which is the sum of squared deviations for the predicted WiSA Technologies price change compared to its average price change.About WiSA Technologies 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 WiSA Technologies 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 WiSA Technologies based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on WiSA Technologies price pattern first instead of the macroeconomic environment surrounding WiSA Technologies. By analyzing WiSA Technologies'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 WiSA Technologies'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 WiSA Technologies specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 4.61E-4 | 0.0459 | 0.0413 | 0.0434 | Price To Sales Ratio | 395.31 | 93.63 | 66.47 | 63.15 |
WiSA Technologies April 17, 2024 Technical Indicators
Most technical analysis of WiSA 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 WiSA from various momentum indicators to cycle indicators. When you analyze WiSA 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.
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0276 | |||
| Market Risk Adjusted Performance | (0.17) | |||
| Mean Deviation | 9.56 | |||
| Semi Deviation | 10.73 | |||
| Downside Deviation | 11.47 | |||
| Coefficient Of Variation | 3535.33 | |||
| Standard Deviation | 32.15 | |||
| Variance | 1033.5 | |||
| Information Ratio | 0.0265 | |||
| Jensen Alpha | 1.14 | |||
| Total Risk Alpha | (1.55) | |||
| Sortino Ratio | 0.0742 | |||
| Treynor Ratio | (0.18) | |||
| Maximum Drawdown | 53.0 | |||
| Value At Risk | (14.46) | |||
| Potential Upside | 9.84 | |||
| Downside Variance | 131.63 | |||
| Semi Variance | 115.03 | |||
| Expected Short fall | (14.63) | |||
| Skewness | 7.18 | |||
| Kurtosis | 56.38 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WiSA Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For information on how to trade WiSA Stock refer to our How to Trade WiSA Stock guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for WiSA Stock analysis
When running WiSA Technologies' price analysis, check to measure WiSA Technologies' 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 WiSA Technologies is operating at the current time. Most of WiSA Technologies' value examination focuses on studying past and present price action to predict the probability of WiSA Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WiSA Technologies' price. Additionally, you may evaluate how the addition of WiSA Technologies to your portfolios can decrease your overall portfolio volatility.
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Is WiSA Technologies' 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 WiSA Technologies. If investors know WiSA 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 WiSA Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (477.00) | Revenue Per Share 39.558 | Quarterly Revenue Growth (0.54) | Return On Assets (1.65) | Return On Equity (5.08) |
The market value of WiSA Technologies is measured differently than its book value, which is the value of WiSA that is recorded on the company's balance sheet. Investors also form their own opinion of WiSA Technologies' value that differs from its market value or its book value, called intrinsic value, which is WiSA Technologies' 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 WiSA Technologies' market value can be influenced by many factors that don't directly affect WiSA Technologies' 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 WiSA Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if WiSA Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WiSA Technologies' 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.