Pyxis Tankers Stock Technical Analysis
| PXS Stock | USD 3.77 0.04 1.05% |
As of the 2nd of December, Pyxis Tankers holds the Variance of 3.0, coefficient of variation of (405.24), and Risk Adjusted Performance of (0.18). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Pyxis Tankers, as well as the relationship between them. Please check Pyxis Tankers risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and kurtosis to decide if Pyxis Tankers is priced some-what accurately, providing market reflects its current price of 3.77 per share. Given that Pyxis Tankers has information ratio of (0.33), we recommend you to check out Pyxis Tankers's recent market performance to make sure the company can sustain itself at a future point.
Pyxis Tankers Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Pyxis, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PyxisPyxis |
Pyxis Tankers Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 9.0 | Strong Buy | 2 | Odds |
Most Pyxis 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 Pyxis stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Pyxis Tankers, talking to its executives and customers, or listening to Pyxis conference calls.
Pyxis Tankers 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.
Pyxis Tankers Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Pyxis Tankers volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Pyxis Tankers Trend Analysis
Use this graph to draw trend lines for Pyxis Tankers. You can use it to identify possible trend reversals for Pyxis Tankers 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 Pyxis Tankers price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Pyxis Tankers Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Pyxis Tankers applied against its price change over selected period. The best fit line has a slop of 0.02 , which may imply that the returns on investment in Pyxis Tankers will continue to fail. It has 122 observation points and a regression sum of squares at 17.88, which is the sum of squared deviations for the predicted Pyxis Tankers price change compared to its average price change.About Pyxis Tankers 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 Pyxis Tankers 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 Pyxis Tankers based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Pyxis Tankers price pattern first instead of the macroeconomic environment surrounding Pyxis Tankers. By analyzing Pyxis Tankers'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 Pyxis Tankers'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 Pyxis Tankers specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.007774 | 0.017 | 0.0179 | 0.0188 | Price To Sales Ratio | 2.73 | 0.88 | 0.98 | 0.93 |
Pyxis Tankers December 2, 2024 Technical Indicators
Most technical analysis of Pyxis 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 Pyxis from various momentum indicators to cycle indicators. When you analyze Pyxis 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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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.18) | |||
| Market Risk Adjusted Performance | (1.48) | |||
| Mean Deviation | 1.36 | |||
| Coefficient Of Variation | (405.24) | |||
| Standard Deviation | 1.73 | |||
| Variance | 3.0 | |||
| Information Ratio | (0.33) | |||
| Jensen Alpha | (0.47) | |||
| Total Risk Alpha | (0.73) | |||
| Treynor Ratio | (1.49) | |||
| Maximum Drawdown | 8.44 | |||
| Value At Risk | (3.36) | |||
| Potential Upside | 1.86 | |||
| Skewness | 0.3031 | |||
| Kurtosis | 0.2539 |
Additional Tools for Pyxis Stock Analysis
When running Pyxis Tankers' price analysis, check to measure Pyxis Tankers' 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 Pyxis Tankers is operating at the current time. Most of Pyxis Tankers' value examination focuses on studying past and present price action to predict the probability of Pyxis Tankers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pyxis Tankers' price. Additionally, you may evaluate how the addition of Pyxis Tankers to your portfolios can decrease your overall portfolio volatility.