Panasonic OTC Pink Sheet Technical Analysis


USD 9.26  0.11  1.20%   

As of the 1st of December, Panasonic Corp holds the Coefficient Of Variation of 1498.37, risk adjusted performance of 0.1042, and Semi Deviation of 2.15. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Panasonic Corp, 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 analyze and collect data for nineteen technical drivers for Panasonic Corp, which can be compared to its competitors. Please check Panasonic Corp value at risk, and the relationship between the jensen alpha and semi variance to decide if Panasonic Corp is priced some-what accurately, providing market reflects its current price of 9.26 per share. Given that Panasonic Corp has jensen alpha of 0.213, we recommend you to check out Panasonic Corp's recent market performance to make sure the company can sustain itself at a future point.

Panasonic Corp Momentum Analysis

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

Panasonic Corp Technical Analysis

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The output start index for this execution was two with a total number of output elements of fifty-nine. 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 Panasonic Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Panasonic Corp Trend Analysis

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

Panasonic Corp Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Panasonic Corp applied against its price change over selected period. The best fit line has a slop of   0.02729  , which means Panasonic Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 28.17, which is the sum of squared deviations for the predicted Panasonic Corp price change compared to its average price change.

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

Panasonic Corp December 1, 2022 Technical Indicators

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

Panasonic Corp December 1, 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 Panasonic 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 check Your Equity Center. Note that the Panasonic Corp information on this page should be used as a complementary analysis to other Panasonic Corp'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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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When running Panasonic Corp price analysis, check to measure Panasonic Corp'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 Panasonic Corp is operating at the current time. Most of Panasonic Corp's value examination focuses on studying past and present price action to predict the probability of Panasonic Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Panasonic Corp's price. Additionally, you may evaluate how the addition of Panasonic Corp to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Panasonic Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Panasonic Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Panasonic Corp'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.