Fgi Industries Stock Technical Analysis
FGI Stock | USD 1.04 0.02 1.89% |
As of the 16th of May 2024, FGI Industries shows the standard deviation of 4.63, and Mean Deviation of 3.21. FGI Industries 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for FGI Industries, which can be compared to its peers. Please confirm FGI Industries information ratio, as well as the relationship between the value at risk and kurtosis to decide if FGI Industries is priced some-what accurately, providing market reflects its regular price of 1.04 per share. Given that FGI Industries is a hitting penny stock territory we advise to closely look at its jensen alpha.
FGI Industries Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as FGI, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FGIFGI |
FGI Industries Analyst Consensus
Target Price | Advice | # of Analysts | |
3.75 | Strong Buy | 2 | Odds |
Most FGI 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 FGI stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of FGI Industries, talking to its executives and customers, or listening to FGI conference calls.
FGI Industries 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.
FGI Industries 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 FGI Industries volatility. High ATR values indicate high volatility, and low values indicate low volatility.
FGI Industries Trend Analysis
Use this graph to draw trend lines for FGI Industries. You can use it to identify possible trend reversals for FGI Industries 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 FGI Industries price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.FGI Industries Best Fit Change Line
The following chart estimates an ordinary least squares regression model for FGI Industries applied against its price change over selected period. The best fit line has a slop of 0.01 , which may imply that the returns on investment in FGI Industries will continue to fail. It has 122 observation points and a regression sum of squares at 3.97, which is the sum of squared deviations for the predicted FGI Industries price change compared to its average price change.About FGI Industries 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 FGI Industries 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 FGI Industries based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on FGI Industries price pattern first instead of the macroeconomic environment surrounding FGI Industries. By analyzing FGI Industries'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 FGI Industries'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 FGI Industries specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 59.12 | 45.0 | 50.42 | 39.51 | PTB Ratio | 4.91 | 0.9 | 0.65 | 0.61 |
FGI Industries May 16, 2024 Technical Indicators
Most technical analysis of FGI 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 FGI from various momentum indicators to cycle indicators. When you analyze FGI 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 | (0.06) | |||
Market Risk Adjusted Performance | 1.58 | |||
Mean Deviation | 3.21 | |||
Coefficient Of Variation | (891.52) | |||
Standard Deviation | 4.63 | |||
Variance | 21.46 | |||
Information Ratio | (0.13) | |||
Jensen Alpha | (0.50) | |||
Total Risk Alpha | (1.13) | |||
Treynor Ratio | 1.57 | |||
Maximum Drawdown | 29.77 | |||
Value At Risk | (7.94) | |||
Potential Upside | 5.88 | |||
Skewness | (1.42) | |||
Kurtosis | 5.32 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FGI Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in FGI Stock please use our How to Invest in FGI Industries guide.Note that the FGI Industries information on this page should be used as a complementary analysis to other FGI Industries' 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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for FGI Stock analysis
When running FGI Industries' price analysis, check to measure FGI Industries' 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 FGI Industries is operating at the current time. Most of FGI Industries' value examination focuses on studying past and present price action to predict the probability of FGI Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FGI Industries' price. Additionally, you may evaluate how the addition of FGI Industries to your portfolios can decrease your overall portfolio volatility.
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Is FGI Industries' 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 FGI Industries. If investors know FGI 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 FGI Industries 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 (0.30) | Earnings Share 0.06 | Revenue Per Share 12.669 | Quarterly Revenue Growth 0.132 | Return On Assets 0.0195 |
The market value of FGI Industries is measured differently than its book value, which is the value of FGI that is recorded on the company's balance sheet. Investors also form their own opinion of FGI Industries' value that differs from its market value or its book value, called intrinsic value, which is FGI Industries' 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 FGI Industries' market value can be influenced by many factors that don't directly affect FGI Industries' 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 FGI Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if FGI Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FGI Industries' 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.