Beam Global Stock Technical Analysis
| BEEM Stock | USD 2.71 0.22 7.51% |
As of the 12th of December 2024, Beam Global shows the risk adjusted performance of (0.15), and Mean Deviation of 2.64. Beam Global 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 Beam Global standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if Beam Global is priced correctly, providing market reflects its regular price of 2.71 per share. Please also double-check Beam Global jensen alpha, which is currently at (0.85) to validate the company can sustain itself at a future point.
Beam Global Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Beam, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BeamBeam |
Beam Global Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 24.17 | Strong Buy | 6 | Odds |
Most Beam 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 Beam stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Beam Global, talking to its executives and customers, or listening to Beam conference calls.
Beam Global 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.
Beam Global Technical Analysis
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 Beam Global volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Beam Global Trend Analysis
Use this graph to draw trend lines for Beam Global. You can use it to identify possible trend reversals for Beam Global 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 Beam Global price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Beam Global Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Beam Global applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that Beam Global market price will keep on failing further. It has 122 observation points and a regression sum of squares at 36.06, which is the sum of squared deviations for the predicted Beam Global price change compared to its average price change.About Beam Global 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 Beam Global 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 Beam Global based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Beam Global price pattern first instead of the macroeconomic environment surrounding Beam Global. By analyzing Beam Global'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 Beam Global'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 Beam Global specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 6.36 | 8.26 | 6.8 | 6.46 | Days Of Inventory On Hand | 58.96 | 188.9 | 65.84 | 72.31 |
Beam Global December 12, 2024 Technical Indicators
Most technical analysis of Beam 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 Beam from various momentum indicators to cycle indicators. When you analyze Beam 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.15) | |||
| Market Risk Adjusted Performance | (0.93) | |||
| Mean Deviation | 2.64 | |||
| Coefficient Of Variation | (446.17) | |||
| Standard Deviation | 3.32 | |||
| Variance | 11.05 | |||
| Information Ratio | (0.26) | |||
| Jensen Alpha | (0.85) | |||
| Total Risk Alpha | (1.28) | |||
| Treynor Ratio | (0.94) | |||
| Maximum Drawdown | 15.47 | |||
| Value At Risk | (7.24) | |||
| Potential Upside | 4.42 | |||
| Skewness | (0.43) | |||
| Kurtosis | 0.0687 |
Beam Global December 12, 2024 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 Beam 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.
| Accumulation Distribution | 23,040 | ||
| Daily Balance Of Power | (0.85) | ||
| Rate Of Daily Change | 0.92 | ||
| Day Median Price | 2.81 | ||
| Day Typical Price | 2.78 | ||
| Price Action Indicator | (0.21) |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beam Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. To learn how to invest in Beam Stock, please use our How to Invest in Beam Global guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Electrical Components & Equipment space 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 Beam Global. If investors know Beam 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 Beam Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.97) | Revenue Per Share 4.612 | Quarterly Revenue Growth (0.17) | Return On Assets (0.14) | Return On Equity (0.34) |
The market value of Beam Global is measured differently than its book value, which is the value of Beam that is recorded on the company's balance sheet. Investors also form their own opinion of Beam Global's value that differs from its market value or its book value, called intrinsic value, which is Beam Global'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 Beam Global's market value can be influenced by many factors that don't directly affect Beam Global'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 Beam Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beam Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beam Global'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.