Springworks Therapeutics Stock Technical Analysis
| SWTX Stock | USD 41.91 0.70 1.64% |
As of the 31st of May, SpringWorks Therapeutics has the Variance of 10.59, coefficient of variation of (1,578), and Risk Adjusted Performance of (0.03). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of SpringWorks Therapeutics, 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 interpolate and analyze data for thirteen technical drivers for SpringWorks Therapeutics, which can be compared to its competition. Please validate SpringWorks Therapeutics information ratio, and the relationship between the coefficient of variation and value at risk to decide if SpringWorks Therapeutics is priced more or less accurately, providing market reflects its prevalent price of 41.91 per share. Given that SpringWorks Therapeutics has information ratio of (0.07), we advise you to double-check SpringWorks Therapeutics's current market performance to make sure the company can sustain itself at a future point.
SpringWorks Therapeutics Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SpringWorks, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SpringWorksSpringWorks |
SpringWorks Therapeutics Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 50.17 | Strong Buy | 9 | Odds |
Most SpringWorks 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 SpringWorks stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of SpringWorks Therapeutics, talking to its executives and customers, or listening to SpringWorks conference calls.
SpringWorks Therapeutics 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.
SpringWorks Therapeutics Technical Analysis
The output start index for this execution was thirty with a total number of output elements of thirty-one. 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 SpringWorks Therapeutics volatility. High ATR values indicate high volatility, and low values indicate low volatility.
SpringWorks Therapeutics Trend Analysis
Use this graph to draw trend lines for SpringWorks Therapeutics. You can use it to identify possible trend reversals for SpringWorks Therapeutics 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 SpringWorks Therapeutics price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.SpringWorks Therapeutics Best Fit Change Line
The following chart estimates an ordinary least squares regression model for SpringWorks Therapeutics applied against its price change over selected period. The best fit line has a slop of 0.15 , which may suggest that SpringWorks Therapeutics market price will keep on failing further. It has 122 observation points and a regression sum of squares at 817.74, which is the sum of squared deviations for the predicted SpringWorks Therapeutics price change compared to its average price change.About SpringWorks Therapeutics 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 SpringWorks Therapeutics 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 SpringWorks Therapeutics based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on SpringWorks Therapeutics price pattern first instead of the macroeconomic environment surrounding SpringWorks Therapeutics. By analyzing SpringWorks Therapeutics'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 SpringWorks Therapeutics'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 SpringWorks Therapeutics specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Payables Turnover | 0.0571 | 0.0542 | Days Of Inventory On Hand | 2.4K | 2.1K |
SpringWorks Therapeutics May 31, 2024 Technical Indicators
Most technical analysis of SpringWorks 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 SpringWorks from various momentum indicators to cycle indicators. When you analyze SpringWorks 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.
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | 0.6011 | |||
| Mean Deviation | 2.6 | |||
| Coefficient Of Variation | (1,578) | |||
| Standard Deviation | 3.25 | |||
| Variance | 10.59 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | 0.5911 | |||
| Maximum Drawdown | 15.03 | |||
| Value At Risk | (5.58) | |||
| Potential Upside | 4.13 | |||
| Skewness | (0.17) | |||
| Kurtosis | (0.14) |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SpringWorks Therapeutics. 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. For more information on how to buy SpringWorks Stock please use our How to Invest in SpringWorks Therapeutics guide.You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for SpringWorks Stock analysis
When running SpringWorks Therapeutics' price analysis, check to measure SpringWorks Therapeutics' 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 SpringWorks Therapeutics is operating at the current time. Most of SpringWorks Therapeutics' value examination focuses on studying past and present price action to predict the probability of SpringWorks Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SpringWorks Therapeutics' price. Additionally, you may evaluate how the addition of SpringWorks Therapeutics to your portfolios can decrease your overall portfolio volatility.
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Is SpringWorks Therapeutics' 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 SpringWorks Therapeutics. If investors know SpringWorks 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 SpringWorks Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.37) | Revenue Per Share 0.401 | Return On Assets (0.37) | Return On Equity (0.63) |
The market value of SpringWorks Therapeutics is measured differently than its book value, which is the value of SpringWorks that is recorded on the company's balance sheet. Investors also form their own opinion of SpringWorks Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is SpringWorks Therapeutics' 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 SpringWorks Therapeutics' market value can be influenced by many factors that don't directly affect SpringWorks Therapeutics' 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 SpringWorks Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if SpringWorks Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SpringWorks Therapeutics' 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.