Spotify Technology Sa Stock Momentum Indicators Average Directional Movement Index
SPOT Stock | USD 298.76 6.17 2.02% |
Symbol |
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The average directional index (ADX) measures the strength of a prevailing trend of Spotify Technology and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low Spotify Technology ADX value usually indicates a non-trending market with low volumes, whereas a cross above 20 may indicate the start of a trend. If the ADX is over 40 and begins to fall, it can indicate the slowdown of a current trend. This indicator can also be used to identify non-trending markets, or a deterioration of an ongoing trend. Although market direction is important in its calculation, the ADX is not a directional indicator
Spotify Technology Technical Analysis Modules
Most technical analysis of Spotify Technology 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 Spotify from various momentum indicators to cycle indicators. When you analyze Spotify charts, please remember that the event formation may indicate an entry point for a short seller, and look at 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 |
About Spotify Technology Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Spotify Technology SA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Spotify Technology SA based on widely used predictive technical indicators. In general, we focus on analyzing Spotify Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Spotify Technology's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Spotify Technology's intrinsic value. In addition to deriving basic predictive indicators for Spotify Technology, we also check how macroeconomic factors affect Spotify Technology price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
2023 | 2024 (projected) | Payables Turnover | 14.88 | 13.74 | Days Of Inventory On Hand | 0.33 | 0.32 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Spotify Technology's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Spotify Technology Implied Volatility | 46.59 |
Spotify Technology's implied volatility exposes the market's sentiment of Spotify Technology SA stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Spotify Technology's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Spotify Technology stock will not fluctuate a lot when Spotify Technology's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Spotify Technology in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Spotify Technology's short interest history, or implied volatility extrapolated from Spotify Technology options trading.
Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.Banking Invested over 30 shares | ||
Corona Opportunity Invested few shares | ||
Investor Favorites Invested over 70 shares | ||
Automobiles and Trucks Invested over 60 shares | ||
Driverless Cars Invested over 60 shares | ||
Artificial Intelligence Invested few shares | ||
Chemicals Invested over 30 shares | ||
Hedge Favorites Invested over 60 shares | ||
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spotify Technology SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Spotify Stock analysis
When running Spotify Technology's price analysis, check to measure Spotify Technology's 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 Spotify Technology is operating at the current time. Most of Spotify Technology's value examination focuses on studying past and present price action to predict the probability of Spotify Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spotify Technology's price. Additionally, you may evaluate how the addition of Spotify Technology to your portfolios can decrease your overall portfolio volatility.
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Transaction History View history of all your transactions and understand their impact on performance | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device |
Is Spotify Technology's industry 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 Spotify Technology. If investors know Spotify 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 Spotify Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.569 | Earnings Share (0.64) | Revenue Per Share 70.672 | Quarterly Revenue Growth 0.195 | Return On Assets 0.0182 |
The market value of Spotify Technology is measured differently than its book value, which is the value of Spotify that is recorded on the company's balance sheet. Investors also form their own opinion of Spotify Technology's value that differs from its market value or its book value, called intrinsic value, which is Spotify Technology'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 Spotify Technology's market value can be influenced by many factors that don't directly affect Spotify Technology'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 Spotify Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Spotify Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spotify Technology'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.