Byte Acquisition Corp Stock Technical Analysis
BYTSWDelisted Stock | USD 0.21 0.01 5.00% |
As of the 15th of December 2024, BYTE Acquisition shows the mean deviation of 15.23, and Risk Adjusted Performance of 0.1068. BYTE Acquisition Corp 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 BYTE Acquisition Corp variance and potential upside to decide if BYTE Acquisition Corp is priced some-what accurately, providing market reflects its regular price of 0.21 per share. As BYTE Acquisition Corp appears to be a penny stock we also recommend to validate its total risk alpha numbers.
BYTE Acquisition Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as BYTE, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BYTEBYTE |
BYTE Acquisition 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, delisted stock market cycles, or different charting patterns.
BYTE Acquisition Corp Technical Analysis
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.
BYTE Acquisition Corp Trend Analysis
Use this graph to draw trend lines for BYTE Acquisition Corp. You can use it to identify possible trend reversals for BYTE Acquisition 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 BYTE Acquisition price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.BYTE Acquisition Best Fit Change Line
The following chart estimates an ordinary least squares regression model for BYTE Acquisition Corp applied against its price change over selected period. The best fit line has a slop of 0 , which means BYTE Acquisition Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.05, which is the sum of squared deviations for the predicted BYTE Acquisition price change compared to its average price change.About BYTE Acquisition 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 BYTE Acquisition 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 BYTE Acquisition Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on BYTE Acquisition Corp price pattern first instead of the macroeconomic environment surrounding BYTE Acquisition Corp. By analyzing BYTE Acquisition'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 BYTE Acquisition'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 BYTE Acquisition specific price patterns or momentum indicators. Please read more on our technical analysis page.
BYTE Acquisition December 15, 2024 Technical Indicators
Most technical analysis of BYTE 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 BYTE from various momentum indicators to cycle indicators. When you analyze BYTE 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 | 0.1068 | |||
Market Risk Adjusted Performance | (0.58) | |||
Mean Deviation | 15.23 | |||
Semi Deviation | 17.69 | |||
Downside Deviation | 21.42 | |||
Coefficient Of Variation | 746.04 | |||
Standard Deviation | 20.28 | |||
Variance | 411.1 | |||
Information Ratio | 0.1291 | |||
Jensen Alpha | 3.12 | |||
Total Risk Alpha | 0.1881 | |||
Sortino Ratio | 0.1222 | |||
Treynor Ratio | (0.59) | |||
Maximum Drawdown | 90.66 | |||
Value At Risk | (27.27) | |||
Potential Upside | 36.36 | |||
Downside Variance | 459.02 | |||
Semi Variance | 312.77 | |||
Expected Short fall | (17.43) | |||
Skewness | 0.3602 | |||
Kurtosis | 0.857 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Other Consideration for investing in BYTE Stock
If you are still planning to invest in BYTE Acquisition Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the BYTE Acquisition's history and understand the potential risks before investing.
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data |