Dune Acquisition Corp Stock Technical Analysis
DUNEDelisted Stock | USD 10.00 0.00 0.00% |
As of the 16th of December 2024, Dune Acquisition shows the Coefficient Of Variation of 1039.15, standard deviation of 0.1595, and Mean Deviation of 0.0774. Dune Acquisition Corp technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Dune Acquisition Corp treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Dune Acquisition Corp is priced favorably, providing market reflects its regular price of 10.0 per share. Given that Dune Acquisition has treynor ratio of (0.17), we urge you to verify Dune Acquisition Corp's prevailing market performance to make sure the company can sustain itself at a future point.
Dune 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 Dune, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DuneDune |
Dune 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.
Dune Acquisition Corp Technical Analysis
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Dune Acquisition Corp Trend Analysis
Use this graph to draw trend lines for Dune Acquisition Corp. You can use it to identify possible trend reversals for Dune 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 Dune Acquisition price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Dune Acquisition Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Dune Acquisition Corp applied against its price change over selected period. The best fit line has a slop of 0 , which means Dune Acquisition Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.08, which is the sum of squared deviations for the predicted Dune Acquisition price change compared to its average price change.About Dune 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 Dune 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 Dune Acquisition Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Dune Acquisition Corp price pattern first instead of the macroeconomic environment surrounding Dune Acquisition Corp. By analyzing Dune 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 Dune 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 Dune Acquisition specific price patterns or momentum indicators. Please read more on our technical analysis page.
Dune Acquisition December 16, 2024 Technical Indicators
Most technical analysis of Dune 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 Dune from various momentum indicators to cycle indicators. When you analyze Dune 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 | 0.0343 | |||
Market Risk Adjusted Performance | (0.16) | |||
Mean Deviation | 0.0774 | |||
Downside Deviation | 0.1744 | |||
Coefficient Of Variation | 1039.15 | |||
Standard Deviation | 0.1595 | |||
Variance | 0.0255 | |||
Information Ratio | (0.53) | |||
Jensen Alpha | 0.0083 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | (0.49) | |||
Treynor Ratio | (0.17) | |||
Maximum Drawdown | 1.11 | |||
Value At Risk | (0.10) | |||
Potential Upside | 0.3006 | |||
Downside Variance | 0.0304 | |||
Semi Variance | (0.01) | |||
Expected Short fall | (0.25) | |||
Skewness | 3.04 | |||
Kurtosis | 16.4 |
Check out Investing Opportunities 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 board of governors. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Other Consideration for investing in Dune Stock
If you are still planning to invest in Dune 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 Dune Acquisition's history and understand the potential risks before investing.
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