Ackroo Inc Stock Technical Analysis

AKR Stock  CAD 0.14  0.02  16.67%   
As of the 18th of December 2024, Ackroo shows the Downside Deviation of 11.63, risk adjusted performance of 0.082, and Mean Deviation of 3.76. Ackroo Inc technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Ackroo Inc variance, as well as the relationship between the maximum drawdown and semi variance to decide if Ackroo Inc is priced correctly, providing market reflects its regular price of 0.14 per share.

Ackroo Momentum Analysis

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

Ackroo Inc Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was one with a total number of output elements of sixty. 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 Ackroo Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Ackroo Inc Trend Analysis

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

Ackroo Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Ackroo Inc applied against its price change over selected period. The best fit line has a slop of   0.0006  , which means Ackroo Inc will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted Ackroo price change compared to its average price change.

About Ackroo 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 Ackroo Inc 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 Ackroo Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Ackroo Inc price pattern first instead of the macroeconomic environment surrounding Ackroo Inc. By analyzing Ackroo'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 Ackroo'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 Ackroo specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Payables Turnover1.181.050.980.93
Days Of Inventory On Hand10.895.293.293.13

Ackroo December 18, 2024 Technical Indicators

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

Additional Tools for Ackroo Stock Analysis

When running Ackroo's price analysis, check to measure Ackroo'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 Ackroo is operating at the current time. Most of Ackroo's value examination focuses on studying past and present price action to predict the probability of Ackroo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ackroo's price. Additionally, you may evaluate how the addition of Ackroo to your portfolios can decrease your overall portfolio volatility.