3d Systems Stock Technical Analysis

DDD Stock  USD 3.39  0.09  2.59%   
As of the 17th of April 2024, 3D Systems owns the Information Ratio of (0.13), variance of 20.93, and Market Risk Adjusted Performance of (0.15). 3D Systems technical analysis gives you the methodology to make use of past data patterns to determine a pattern that approximates the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to break down thirteen technical drivers for 3D Systems, which can be compared to its peers in the sector. Please confirm 3D Systems information ratio, potential upside, and the relationship between the standard deviation and maximum drawdown to decide if 3D Systems is priced fairly, providing market reflects its prevailing price of 3.39 per share. Given that 3D Systems has information ratio of (0.13), we suggest you to validate 3D Systems's latest market performance to make sure the company can sustain itself sooner or later.

3D Systems Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as DDD, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DDD
  
3D Systems' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

3D Systems Analyst Consensus

Target PriceAdvice# of Analysts
8.75Buy6Odds
3D Systems current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most DDD 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 DDD stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of 3D Systems, talking to its executives and customers, or listening to DDD conference calls.
DDD Analyst Advice Details
3D Systems 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.
A focus of 3D Systems technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of 3D Systems trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

3D Systems Technical Analysis

Indicator
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Execute Indicator
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 3D Systems volatility. High ATR values indicate high volatility, and low values indicate low volatility.

3D Systems Trend Analysis

Use this graph to draw trend lines for 3D Systems. You can use it to identify possible trend reversals for 3D Systems 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 3D Systems price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

3D Systems Best Fit Change Line

The following chart estimates an ordinary least squares regression model for 3D Systems 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 3D Systems will continue to fail. It has 122 observation points and a regression sum of squares at 19.54, which is the sum of squared deviations for the predicted 3D Systems price change compared to its average price change.

About 3D Systems 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 3D Systems 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 3D Systems based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on 3D Systems price pattern first instead of the macroeconomic environment surrounding 3D Systems. By analyzing 3D Systems'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 3D Systems'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 3D Systems specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.0031250.005183
Price To Sales Ratio1.691.61

3D Systems April 17, 2024 Technical Indicators

Most technical analysis of DDD 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 DDD from various momentum indicators to cycle indicators. When you analyze DDD 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.

3D Systems April 17, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as DDD stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether 3D Systems is a strong investment it is important to analyze 3D Systems' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact 3D Systems' future performance. For an informed investment choice regarding DDD Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 3D Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade DDD Stock refer to our How to Trade DDD Stock guide.
Note that the 3D Systems information on this page should be used as a complementary analysis to other 3D Systems' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

Complementary Tools for DDD Stock analysis

When running 3D Systems' price analysis, check to measure 3D Systems' 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 3D Systems is operating at the current time. Most of 3D Systems' value examination focuses on studying past and present price action to predict the probability of 3D Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 3D Systems' price. Additionally, you may evaluate how the addition of 3D Systems to your portfolios can decrease your overall portfolio volatility.
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Is 3D Systems' 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 3D Systems. If investors know DDD 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 3D Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.85)
Revenue Per Share
3.756
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.05)
Return On Equity
(0.63)
The market value of 3D Systems is measured differently than its book value, which is the value of DDD that is recorded on the company's balance sheet. Investors also form their own opinion of 3D Systems' value that differs from its market value or its book value, called intrinsic value, which is 3D Systems' 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 3D Systems' market value can be influenced by many factors that don't directly affect 3D Systems' 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 3D Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if 3D Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 3D Systems' 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.