Metrocity Bankshares Stock Technical Analysis
| MCBS Stock | USD 24.69 0.23 0.92% |
As of the 8th of May, MetroCity Bankshares secures the Downside Deviation of 2.45, mean deviation of 1.72, and Risk Adjusted Performance of 0.0445. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of MetroCity Bankshares, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We have analyzed nineteen technical drivers for MetroCity Bankshares, which can be compared to its peers in the industry. Please verify MetroCity Bankshares information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if MetroCity Bankshares is priced some-what accurately, providing market reflects its recent price of 24.69 per share. Given that MetroCity Bankshares has jensen alpha of (0.01), we recommend you to check MetroCity Bankshares's last-minute market performance to make sure the company can sustain itself at a future point.
MetroCity Bankshares Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as MetroCity, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MetroCityMetroCity |
MetroCity Bankshares 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.
MetroCity Bankshares Technical Analysis
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 MetroCity Bankshares volatility. High ATR values indicate high volatility, and low values indicate low volatility.
MetroCity Bankshares Trend Analysis
Use this graph to draw trend lines for MetroCity Bankshares. You can use it to identify possible trend reversals for MetroCity Bankshares 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 MetroCity Bankshares price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.MetroCity Bankshares Best Fit Change Line
The following chart estimates an ordinary least squares regression model for MetroCity Bankshares applied against its price change over selected period. The best fit line has a slop of 0 , which means MetroCity Bankshares will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.09, which is the sum of squared deviations for the predicted MetroCity Bankshares price change compared to its average price change.About MetroCity Bankshares 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 MetroCity Bankshares 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 MetroCity Bankshares based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on MetroCity Bankshares price pattern first instead of the macroeconomic environment surrounding MetroCity Bankshares. By analyzing MetroCity Bankshares'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 MetroCity Bankshares'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 MetroCity Bankshares specific price patterns or momentum indicators. Please read more on our technical analysis page.
MetroCity Bankshares May 8, 2024 Technical Indicators
Most technical analysis of MetroCity 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 MetroCity from various momentum indicators to cycle indicators. When you analyze MetroCity 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 | 0.0445 | |||
| Market Risk Adjusted Performance | 0.083 | |||
| Mean Deviation | 1.72 | |||
| Semi Deviation | 2.25 | |||
| Downside Deviation | 2.45 | |||
| Coefficient Of Variation | 1668.04 | |||
| Standard Deviation | 2.32 | |||
| Variance | 5.39 | |||
| Information Ratio | 0.0221 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.021 | |||
| Treynor Ratio | 0.073 | |||
| Maximum Drawdown | 10.71 | |||
| Value At Risk | (4.00) | |||
| Potential Upside | 4.07 | |||
| Downside Variance | 6.01 | |||
| Semi Variance | 5.07 | |||
| Expected Short fall | (1.73) | |||
| Skewness | (0.14) | |||
| Kurtosis | 0.7013 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MetroCity Bankshares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more information on how to buy MetroCity Stock please use our How to Invest in MetroCity Bankshares guide.Note that the MetroCity Bankshares information on this page should be used as a complementary analysis to other MetroCity Bankshares' 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 Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for MetroCity Stock analysis
When running MetroCity Bankshares' price analysis, check to measure MetroCity Bankshares' 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 MetroCity Bankshares is operating at the current time. Most of MetroCity Bankshares' value examination focuses on studying past and present price action to predict the probability of MetroCity Bankshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MetroCity Bankshares' price. Additionally, you may evaluate how the addition of MetroCity Bankshares to your portfolios can decrease your overall portfolio volatility.
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |
Is MetroCity Bankshares' 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 MetroCity Bankshares. If investors know MetroCity 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 MetroCity Bankshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of MetroCity Bankshares is measured differently than its book value, which is the value of MetroCity that is recorded on the company's balance sheet. Investors also form their own opinion of MetroCity Bankshares' value that differs from its market value or its book value, called intrinsic value, which is MetroCity Bankshares' 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 MetroCity Bankshares' market value can be influenced by many factors that don't directly affect MetroCity Bankshares' 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 MetroCity Bankshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if MetroCity Bankshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MetroCity Bankshares' 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.