Strong Global Entertainment Stock Technical Analysis

SGE Stock   1.96  0.12  5.77%   
As of the 12th of May 2024, Strong Global has the Risk Adjusted Performance of 0.0734, semi deviation of 6.91, and Coefficient Of Variation of 967.85. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Strong Global Entert, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Strong Global Entertainment, which can be compared to its competition. Please validate Strong Global Entert information ratio, value at risk, as well as the relationship between the Value At Risk and expected short fall to decide if Strong Global is priced more or less accurately, providing market reflects its prevalent price of 1.96 per share. Please also confirm Strong Global Entertainment total risk alpha, which is currently at (0.29) to double-check the company can sustain itself at a future point.

Strong Global Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Strong, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Strong
  
Strong Global's 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.
Strong Global 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 Strong Global technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Strong Global 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...

Strong Global Entert Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Strong Global Entert volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Strong Global Entert Trend Analysis

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

Strong Global Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Strong Global Entertainment applied against its price change over selected period. The best fit line has a slop of   0.01  , which may imply that Strong Global Entertainment will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 2.18, which is the sum of squared deviations for the predicted Strong Global price change compared to its average price change.

About Strong Global 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 Strong Global Entertainment 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 Strong Global Entertainment based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Strong Global Entert price pattern first instead of the macroeconomic environment surrounding Strong Global Entert. By analyzing Strong Global'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 Strong Global'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 Strong Global specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding65.0856.29199.64209.62
PTB Ratio2.951.981.422.42

Strong Global May 12, 2024 Technical Indicators

Most technical analysis of Strong 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 Strong from various momentum indicators to cycle indicators. When you analyze Strong 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.
When determining whether Strong Global Entert is a strong investment it is important to analyze Strong Global's 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 Strong Global's future performance. For an informed investment choice regarding Strong Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Strong Global Entertainment. 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.
Note that the Strong Global Entert information on this page should be used as a complementary analysis to other Strong Global's 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 Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Complementary Tools for Strong Stock analysis

When running Strong Global's price analysis, check to measure Strong Global'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 Strong Global is operating at the current time. Most of Strong Global's value examination focuses on studying past and present price action to predict the probability of Strong Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Strong Global's price. Additionally, you may evaluate how the addition of Strong Global to your portfolios can decrease your overall portfolio volatility.
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Is Strong Global'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 Strong Global. If investors know Strong 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 Strong Global 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
(0.96)
Earnings Share
0.42
Revenue Per Share
6.157
Quarterly Revenue Growth
(0.1)
Return On Assets
0.0147
The market value of Strong Global Entert is measured differently than its book value, which is the value of Strong that is recorded on the company's balance sheet. Investors also form their own opinion of Strong Global's value that differs from its market value or its book value, called intrinsic value, which is Strong Global'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 Strong Global's market value can be influenced by many factors that don't directly affect Strong Global'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 Strong Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Strong Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Strong Global'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.