AI Trading Robot Performance: The AI trading robot Swing trader: Volatility Balanced Strategy (TA) has emerged as a top performer in Tickeron's robot factory over the course of a week, generating an impressive return of 4.24% for AFRM. The robot's ability to navigate market volatility and balance its trading strategy has yielded promising results, capturing the attention of traders and investors alike.
AFRM's Upward Trend: On May 8, 2023, AFRM moved above its 50-day moving average, indicating a shift from a downward trend to an upward trend. Historical data reveals that in all 12 similar instances in the past, the stock price further increased within the following month. This statistical pattern suggests a high probability of continued upward momentum for AFRM, with the odds of an ongoing upward trend estimated at 90%.
Earning Results Analysis: Analyzing the recent earnings report of AFRM, released on May 9, sheds light on the financial performance of the company. The reported earnings per share (EPS) stood at -68 cents, surpassing the estimated EPS of -92 cents. This positive deviation from the estimated value indicates that AFRM's earnings outperformed market expectations.
Considering AFRM's outstanding shares of 14.81 million, the current market capitalization of the company is approximately $4.07 billion. Market capitalization provides a measure of the company's overall value in the stock market and is an important metric for investors to consider.
Conclusion: The combination of the AI trading robot's impressive performance and AFRM's upward trend, supported by historical data, suggests a potentially favorable investment opportunity. While past performance does not guarantee future results, the consistent track record of the AI trading robot and AFRM's positive earnings surprise provide investors with reasons for optimism.
AFRM saw its Momentum Indicator move above the 0 level on May 08, 2023. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 38 similar instances where the indicator turned positive. In of the 38 cases, the stock moved higher in the following days. The odds of a move higher are at .
The Moving Average Convergence Divergence (MACD) for AFRM just turned positive on May 08, 2023. Looking at past instances where AFRM's MACD turned positive, the stock continued to rise in of 19 cases over the following month. The odds of a continued upward trend are .
AFRM moved above its 50-day moving average on May 08, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for AFRM crossed bullishly above the 50-day moving average on May 12, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 4 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where AFRM advanced for three days, in of 130 cases, the price rose further within the following month. The odds of a continued upward trend are .
The 10-day RSI Indicator for AFRM moved out of overbought territory on May 19, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 15 similar instances where the indicator moved out of overbought territory. In of the 15 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 29 cases where AFRM's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where AFRM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
AFRM broke above its upper Bollinger Band on May 09, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.614) is normal, around the industry mean (31.361). P/E Ratio (0.000) is within average values for comparable stocks, (167.934). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (4.080). Dividend Yield (0.000) settles around the average of (0.033) among similar stocks. P/S Ratio (2.662) is also within normal values, averaging (70.597).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. AFRM’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. AFRM’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 89, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows