Micro Stock Technical Analysis

MFGP
 Stock
  

USD 3.17  0.02  0.63%   

As of the 7th of July, Micro Focus secures the mean deviation of 2.79, and Risk Adjusted Performance of (0.27). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Micro Focus Intl, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Micro Focus, which can be compared to its peers in the industry. Please verify Micro Focus Intl variance, as well as the relationship between the value at risk and skewness to decide if Micro Focus Intl is priced some-what accurately, providing market reflects its recent price of 3.17 per share. Given that Micro Focus Intl has jensen alpha of (0.46), we recommend you to check Micro Focus's last-minute market performance to make sure the company can sustain itself at a future point.
  
Refresh

Micro Focus Momentum Analysis

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

Micro Focus Intl Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Micro Focus Intl volatility developed by Welles Wilder.
.

Micro Focus Intl Trend Analysis

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

Micro Focus Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Micro Focus Intl applied against its price change over selected period. The best fit line has a slop of   -0.03  , which may suggest that Micro Focus Intl market price will keep on failing further. It has 122 observation points and a regression sum of squares at 27.3, which is the sum of squared deviations for the predicted Micro Focus price change compared to its average price change.

About Micro Focus 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 Micro Focus Intl 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 Micro Focus Intl based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Micro Focus Intl stock first instead of the macroeconomic environment surrounding Micro Focus Intl. By analyzing Micro Focus'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 Micro Focus'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 Micro Focus specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2018 2022 (projected)
Long Term Debt to Equity0.751.18
Interest Coverage1.040.96

Micro Focus July 7, 2022 Technical Indicators

Most technical analysis of Micro 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 Micro from various momentum indicators to cycle indicators. When you analyze Micro 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.
Additionally, see Stocks Correlation. Note that the Micro Focus Intl information on this page should be used as a complementary analysis to other Micro Focus' 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 Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for Micro Stock analysis

When running Micro Focus Intl price analysis, check to measure Micro Focus' 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 Micro Focus is operating at the current time. Most of Micro Focus' value examination focuses on studying past and present price action to predict the probability of Micro Focus' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Micro Focus' price. Additionally, you may evaluate how the addition of Micro Focus to your portfolios can decrease your overall portfolio volatility.
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Go
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Go
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Go
Is Micro Focus' 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 Micro Focus. If investors know Micro 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 Micro Focus 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
1.45
Market Capitalization
1.1 B
Quarterly Revenue Growth YOY
-0.11
Return On Assets
-9.0E-4
Return On Equity
-0.0855
The market value of Micro Focus Intl is measured differently than its book value, which is the value of Micro that is recorded on the company's balance sheet. Investors also form their own opinion of Micro Focus' value that differs from its market value or its book value, called intrinsic value, which is Micro Focus' 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 Micro Focus' market value can be influenced by many factors that don't directly affect Micro Focus' 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 Micro Focus' value and its price as these two are different measures arrived at by different means. Investors typically determine Micro Focus value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Micro Focus' 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.