Parts Stock Technical Analysis

ID
 Stock
  

USD 1.41  0.39  38.24%   

As of the 30th of June, Parts ID holds the coefficient of variation of (3,758), and Risk Adjusted Performance of (0.029608). Parts ID technical analysis gives you tools to exploit past prices in attempt to determine a pattern that determines the direction of the company's future prices. 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 break down nineteen technical drivers for Parts ID, which can be compared to its competitors. Please check Parts ID treynor ratio, as well as the relationship between the potential upside and expected short fall to decide if Parts ID is priced some-what accurately, providing market reflects its current price of 1.41 per share. Please also confirm Parts ID total risk alpha, which is currently at 0.7179 to check out the company can sustain itself at a future point.
  
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Parts ID Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Parts, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Parts
Parts ID's 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.
Parts ID 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 Parts ID technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Parts ID 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...

Parts ID Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Parts ID volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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Parts ID Trend Analysis

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

Parts ID Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Parts ID applied against its price change over selected period. The best fit line has a slop of   -0.02  , which may indicate that the price for Parts ID will continue to decline. It has 122 observation points and a regression sum of squares at 18.66, which is the sum of squared deviations for the predicted Parts ID price change compared to its average price change.

About Parts ID 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 Parts ID 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 Parts ID based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Parts ID stock first instead of the macroeconomic environment surrounding Parts ID. By analyzing Parts ID'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 Parts ID'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 Parts ID specific price patterns or momentum indicators. Please read more on our technical analysis page.

Parts ID June 30, 2022 Technical Indicators

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

Parts ID June 30, 2022 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 Parts 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.
Please see Risk vs Return Analysis. Note that the Parts ID information on this page should be used as a complementary analysis to other Parts ID's 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Complementary Tools for Parts Stock analysis

When running Parts ID price analysis, check to measure Parts ID'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 Parts ID is operating at the current time. Most of Parts ID's value examination focuses on studying past and present price action to predict the probability of Parts ID's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Parts ID's price. Additionally, you may evaluate how the addition of Parts ID to your portfolios can decrease your overall portfolio volatility.
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Is Parts ID'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 Parts ID. If investors know Parts 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 Parts ID 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 YOY
-0.78
Market Capitalization
47.9 M
Quarterly Revenue Growth YOY
-0.13
Return On Assets
-0.14
The market value of Parts ID is measured differently than its book value, which is the value of Parts that is recorded on the company's balance sheet. Investors also form their own opinion of Parts ID's value that differs from its market value or its book value, called intrinsic value, which is Parts ID'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 Parts ID's market value can be influenced by many factors that don't directly affect Parts ID'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 Parts ID's value and its price as these two are different measures arrived at by different means. Investors typically determine Parts ID value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Parts ID'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.