Groove Botanicals Stock Technical Analysis
| GRVE Stock | USD 0 0 75.51% |
As of the 15th of December 2024, Groove Botanicals retains the Risk Adjusted Performance of (0.12), market risk adjusted performance of (0.77), and Standard Deviation of 11.28. Groove Botanicals technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Groove Botanicals total risk alpha and kurtosis to decide if Groove Botanicals is priced fairly, providing market reflects its last-minute price of 0.0012 per share. As Groove Botanicals appears to be a penny stock we also urge to confirm its jensen alpha numbers.
Groove Botanicals Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Groove, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GrooveGroove |
Groove Botanicals technical 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, pink sheet market cycles, or different charting patterns.
Groove Botanicals Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Groove Botanicals volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Groove Botanicals Trend Analysis
Use this graph to draw trend lines for Groove Botanicals. You can use it to identify possible trend reversals for Groove Botanicals 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 Groove Botanicals price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Groove Botanicals Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Groove Botanicals applied against its price change over selected period. The best fit line has a slop of 0.0001 , which may suggest that Groove Botanicals market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Groove Botanicals price change compared to its average price change.About Groove Botanicals 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 Groove Botanicals 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 Groove Botanicals based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Groove Botanicals price pattern first instead of the macroeconomic environment surrounding Groove Botanicals. By analyzing Groove Botanicals'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 Groove Botanicals'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 Groove Botanicals specific price patterns or momentum indicators. Please read more on our technical analysis page.
Groove Botanicals December 15, 2024 Technical Indicators
Most technical analysis of Groove 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 Groove from various momentum indicators to cycle indicators. When you analyze Groove 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.
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.12) | |||
| Market Risk Adjusted Performance | (0.77) | |||
| Mean Deviation | 4.21 | |||
| Coefficient Of Variation | (582.89) | |||
| Standard Deviation | 11.28 | |||
| Variance | 127.27 | |||
| Information Ratio | (0.18) | |||
| Jensen Alpha | (2.17) | |||
| Total Risk Alpha | (3.35) | |||
| Treynor Ratio | (0.78) | |||
| Maximum Drawdown | 94.51 | |||
| Value At Risk | (9.26) | |||
| Skewness | (5.28) | |||
| Kurtosis | 31.56 |
Complementary Tools for Groove Pink Sheet analysis
When running Groove Botanicals' price analysis, check to measure Groove Botanicals' 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 Groove Botanicals is operating at the current time. Most of Groove Botanicals' value examination focuses on studying past and present price action to predict the probability of Groove Botanicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Groove Botanicals' price. Additionally, you may evaluate how the addition of Groove Botanicals to your portfolios can decrease your overall portfolio volatility.
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