Chemed Corp Stock Technical Analysis
| CHE Stock | USD 570.96 7.68 1.36% |
As of the 25th of November, Chemed Corp shows the risk adjusted performance of 0.0128, and Mean Deviation of 1.01. Chemed Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Chemed Corp downside deviation, treynor ratio, expected short fall, as well as the relationship between the variance and potential upside to decide if Chemed Corp is priced correctly, providing market reflects its regular price of 570.96 per share. Given that Chemed Corp has jensen alpha of (0.1), we suggest you to validate Chemed Corp's prevailing market performance to make sure the company can sustain itself at a future point.
Chemed Corp Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Chemed, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ChemedChemed |
Chemed Corp Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 592.0 | Strong Buy | 3 | Odds |
Most Chemed 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 Chemed stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Chemed Corp, talking to its executives and customers, or listening to Chemed conference calls.
Chemed Corp 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.
Chemed Corp Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 Chemed Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Chemed Corp Trend Analysis
Use this graph to draw trend lines for Chemed Corp. You can use it to identify possible trend reversals for Chemed Corp 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 Chemed Corp price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Chemed Corp Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Chemed Corp applied against its price change over selected period. The best fit line has a slop of 0.47 , which may imply that the returns on investment in Chemed Corp will continue to fail. It has 122 observation points and a regression sum of squares at 8441.26, which is the sum of squared deviations for the predicted Chemed Corp price change compared to its average price change.About Chemed Corp 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 Chemed Corp 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 Chemed Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Chemed Corp price pattern first instead of the macroeconomic environment surrounding Chemed Corp. By analyzing Chemed Corp'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 Chemed Corp'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 Chemed Corp specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.002656 | 0.002889 | 0.002671 | 0.002537 | Price To Sales Ratio | 3.88 | 3.57 | 3.89 | 4.08 |
Chemed Corp November 25, 2024 Technical Indicators
Most technical analysis of Chemed 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 Chemed from various momentum indicators to cycle indicators. When you analyze Chemed 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 | 0.0128 | |||
| Market Risk Adjusted Performance | 0.018 | |||
| Mean Deviation | 1.01 | |||
| Semi Deviation | 2.44 | |||
| Downside Deviation | 2.53 | |||
| Coefficient Of Variation | 10924.36 | |||
| Standard Deviation | 1.84 | |||
| Variance | 3.37 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.008 | |||
| Maximum Drawdown | 14.14 | |||
| Value At Risk | (1.57) | |||
| Potential Upside | 1.76 | |||
| Downside Variance | 6.42 | |||
| Semi Variance | 5.96 | |||
| Expected Short fall | (0.92) | |||
| Skewness | (4.51) | |||
| Kurtosis | 29.58 |
Complementary Tools for Chemed Stock analysis
When running Chemed Corp's price analysis, check to measure Chemed Corp'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 Chemed Corp is operating at the current time. Most of Chemed Corp's value examination focuses on studying past and present price action to predict the probability of Chemed Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chemed Corp's price. Additionally, you may evaluate how the addition of Chemed Corp to your portfolios can decrease your overall portfolio volatility.
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