Dexcom Inc Stock Technical Analysis
DXCM Stock | USD 77.83 5.00 6.87% |
As of the 25th of November, DexCom shows the Downside Deviation of 1.6, coefficient of variation of 6494.34, and Mean Deviation of 1.5. DexCom Inc technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm DexCom Inc jensen alpha, potential upside, as well as the relationship between the Potential Upside and skewness to decide if DexCom Inc is priced favorably, providing market reflects its regular price of 77.83 per share. Given that DexCom has jensen alpha of 9.0E-4, we urge you to verify DexCom Inc's prevailing market performance to make sure the company can sustain itself at a future point.
DexCom Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as DexCom, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DexComDexCom |
DexCom Analyst Consensus
Target Price | Advice | # of Analysts | |
137.0 | Strong Buy | 25 | Odds |
Most DexCom 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 DexCom stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of DexCom Inc, talking to its executives and customers, or listening to DexCom conference calls.
DexCom 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.
DexCom Inc 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 DexCom Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
DexCom Inc Trend Analysis
Use this graph to draw trend lines for DexCom Inc. You can use it to identify possible trend reversals for DexCom 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 DexCom price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.DexCom Best Fit Change Line
The following chart estimates an ordinary least squares regression model for DexCom Inc applied against its price change over selected period. The best fit line has a slop of 0.09 , which means DexCom Inc will continue generating value for investors. It has 122 observation points and a regression sum of squares at 340.44, which is the sum of squared deviations for the predicted DexCom price change compared to its average price change.About DexCom 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 DexCom Inc 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 DexCom Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on DexCom Inc price pattern first instead of the macroeconomic environment surrounding DexCom Inc. By analyzing DexCom'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 DexCom'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 DexCom specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 4.05 | 4.32 | 4.82 | 4.58 | Days Of Inventory On Hand | 169.81 | 109.03 | 153.18 | 160.84 |
DexCom November 25, 2024 Technical Indicators
Most technical analysis of DexCom 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 DexCom from various momentum indicators to cycle indicators. When you analyze DexCom 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 | 0.0179 | |||
Market Risk Adjusted Performance | 0.1366 | |||
Mean Deviation | 1.5 | |||
Semi Deviation | 1.57 | |||
Downside Deviation | 1.6 | |||
Coefficient Of Variation | 6494.34 | |||
Standard Deviation | 1.95 | |||
Variance | 3.8 | |||
Information Ratio | (0.05) | |||
Jensen Alpha | 9.0E-4 | |||
Total Risk Alpha | (0.29) | |||
Sortino Ratio | (0.06) | |||
Treynor Ratio | 0.1266 | |||
Maximum Drawdown | 8.17 | |||
Value At Risk | (2.44) | |||
Potential Upside | 4.07 | |||
Downside Variance | 2.55 | |||
Semi Variance | 2.45 | |||
Expected Short fall | (1.80) | |||
Skewness | 0.8028 | |||
Kurtosis | 0.4718 |
DexCom November 25, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as DexCom stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 414,933 | ||
Daily Balance Of Power | 1.01 | ||
Rate Of Daily Change | 1.07 | ||
Day Median Price | 75.75 | ||
Day Typical Price | 76.44 | ||
Price Action Indicator | 4.59 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DexCom Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Health Care Equipment & Supplies space 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 DexCom. If investors know DexCom 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 DexCom 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 0.157 | Earnings Share 1.65 | Revenue Per Share 10.089 | Quarterly Revenue Growth 0.02 | Return On Assets 0.0606 |
The market value of DexCom Inc is measured differently than its book value, which is the value of DexCom that is recorded on the company's balance sheet. Investors also form their own opinion of DexCom's value that differs from its market value or its book value, called intrinsic value, which is DexCom'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 DexCom's market value can be influenced by many factors that don't directly affect DexCom'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 DexCom's value and its price as these two are different measures arrived at by different means. Investors typically determine if DexCom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DexCom'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.