Palantir Technologiesinc Stock Technical Analysis
PLTR Stock | USD 21.65 0.02 0.09% |
As of the 17th of May 2024, Palantir TechnologiesInc holds the Variance of 11.51, risk adjusted performance of (0.01), and Coefficient Of Variation of (3,439). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Palantir TechnologiesInc, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate and analyze data for thirteen technical drivers for Palantir TechnologiesInc, which can be compared to its competitors. Please check Palantir TechnologiesInc information ratio and kurtosis to decide if Palantir TechnologiesInc is priced some-what accurately, providing market reflects its current price of 21.65 per share. Given that Palantir TechnologiesInc has information ratio of (0.06), we recommend you to check out Palantir TechnologiesInc's recent market performance to make sure the company can sustain itself at a future point.
Palantir TechnologiesInc Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Palantir, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PalantirPalantir |
Palantir TechnologiesInc Analyst Consensus
Target Price | Advice | # of Analysts | |
14.25 | Hold | 17 | Odds |
Most Palantir 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 Palantir stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Palantir TechnologiesInc, talking to its executives and customers, or listening to Palantir conference calls.
Palantir TechnologiesInc 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.
Palantir TechnologiesInc 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 Palantir TechnologiesInc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Palantir TechnologiesInc Trend Analysis
Use this graph to draw trend lines for Palantir TechnologiesInc. You can use it to identify possible trend reversals for Palantir TechnologiesInc 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 Palantir TechnologiesInc price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Palantir TechnologiesInc Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Palantir TechnologiesInc applied against its price change over selected period. The best fit line has a slop of 0.06 , which may suggest that Palantir TechnologiesInc market price will keep on failing further. It has 122 observation points and a regression sum of squares at 154.03, which is the sum of squared deviations for the predicted Palantir TechnologiesInc price change compared to its average price change.About Palantir TechnologiesInc 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 Palantir TechnologiesInc 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 Palantir TechnologiesInc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Palantir TechnologiesInc price pattern first instead of the macroeconomic environment surrounding Palantir TechnologiesInc. By analyzing Palantir TechnologiesInc'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 Palantir TechnologiesInc'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 Palantir TechnologiesInc specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 4.53 | 9.12 | 35.56 | 37.34 | Days Of Inventory On Hand | 39.39 | 14.51 | 16.69 | 15.85 |
Palantir TechnologiesInc May 17, 2024 Technical Indicators
Most technical analysis of Palantir 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 Palantir from various momentum indicators to cycle indicators. When you analyze Palantir 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 | (0.01) | |||
Market Risk Adjusted Performance | (0.04) | |||
Mean Deviation | 2.36 | |||
Coefficient Of Variation | (3,439) | |||
Standard Deviation | 3.39 | |||
Variance | 11.51 | |||
Information Ratio | (0.06) | |||
Jensen Alpha | (0.32) | |||
Total Risk Alpha | (0.67) | |||
Treynor Ratio | (0.05) | |||
Maximum Drawdown | 24.98 | |||
Value At Risk | (3.85) | |||
Potential Upside | 4.12 | |||
Skewness | (0.80) | |||
Kurtosis | 5.78 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Palantir TechnologiesInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Palantir Stock, please use our How to Invest in Palantir TechnologiesInc guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for Palantir Stock analysis
When running Palantir TechnologiesInc's price analysis, check to measure Palantir TechnologiesInc'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 Palantir TechnologiesInc is operating at the current time. Most of Palantir TechnologiesInc's value examination focuses on studying past and present price action to predict the probability of Palantir TechnologiesInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Palantir TechnologiesInc's price. Additionally, you may evaluate how the addition of Palantir TechnologiesInc to your portfolios can decrease your overall portfolio volatility.
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
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 | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Share Portfolio Track or share privately all of your investments from the convenience of any device |
Is Palantir TechnologiesInc'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 Palantir TechnologiesInc. If investors know Palantir 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 Palantir TechnologiesInc 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 4.018 | Earnings Share 0.12 | Revenue Per Share 1.074 | Quarterly Revenue Growth 0.208 | Return On Assets 0.029 |
The market value of Palantir TechnologiesInc is measured differently than its book value, which is the value of Palantir that is recorded on the company's balance sheet. Investors also form their own opinion of Palantir TechnologiesInc's value that differs from its market value or its book value, called intrinsic value, which is Palantir TechnologiesInc'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 Palantir TechnologiesInc's market value can be influenced by many factors that don't directly affect Palantir TechnologiesInc'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 Palantir TechnologiesInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Palantir TechnologiesInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Palantir TechnologiesInc'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.