Mednax Inc Stock Technical Analysis
MD Stock | USD 14.76 0.20 1.34% |
As of the 25th of November, Mednax secures the Mean Deviation of 1.99, risk adjusted performance of 0.1205, and Downside Deviation of 1.82. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mednax Inc, as well as the relationship between them. Please verify Mednax Inc treynor ratio, and the relationship between the standard deviation and downside variance to decide if Mednax Inc is priced some-what accurately, providing market reflects its recent price of 14.76 per share. Given that Mednax Inc has jensen alpha of 0.3026, we recommend you to check Mednax's last-minute market performance to make sure the company can sustain itself at a future point.
Mednax Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Mednax, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MednaxMednax |
Mednax Analyst Consensus
Target Price | Advice | # of Analysts | |
14.5 | Buy | 7 | Odds |
Most Mednax 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 Mednax stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Mednax Inc, talking to its executives and customers, or listening to Mednax conference calls.
Mednax 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.
Mednax 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 Mednax Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Mednax Inc Trend Analysis
Use this graph to draw trend lines for Mednax Inc. You can use it to identify possible trend reversals for Mednax 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 Mednax price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Mednax Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Mednax Inc applied against its price change over selected period. The best fit line has a slop of 0.09 , which suggests that Mednax Inc will keep on generating value for investors. It has 122 observation points and a regression sum of squares at 318.42, which is the sum of squared deviations for the predicted Mednax price change compared to its average price change.About Mednax 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 Mednax 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 Mednax Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Mednax Inc price pattern first instead of the macroeconomic environment surrounding Mednax Inc. By analyzing Mednax'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 Mednax'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 Mednax specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 57.63 | 54.93 | 51.21 | 73.79 | PTB Ratio | 2.57 | 1.39 | 0.92 | 0.87 |
Mednax November 25, 2024 Technical Indicators
Most technical analysis of Mednax 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 Mednax from various momentum indicators to cycle indicators. When you analyze Mednax 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 | 0.1205 | |||
Market Risk Adjusted Performance | 0.3067 | |||
Mean Deviation | 1.99 | |||
Semi Deviation | 1.47 | |||
Downside Deviation | 1.82 | |||
Coefficient Of Variation | 680.69 | |||
Standard Deviation | 3.54 | |||
Variance | 12.55 | |||
Information Ratio | 0.11 | |||
Jensen Alpha | 0.3026 | |||
Total Risk Alpha | (0.05) | |||
Sortino Ratio | 0.2142 | |||
Treynor Ratio | 0.2967 | |||
Maximum Drawdown | 27.59 | |||
Value At Risk | (2.85) | |||
Potential Upside | 3.63 | |||
Downside Variance | 3.31 | |||
Semi Variance | 2.15 | |||
Expected Short fall | (2.38) | |||
Skewness | 4.37 | |||
Kurtosis | 27.09 |
Mednax 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 Mednax 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 | 46,248 | ||
Daily Balance Of Power | (0.32) | ||
Rate Of Daily Change | 0.99 | ||
Day Median Price | 15.01 | ||
Day Typical Price | 14.92 | ||
Price Action Indicator | (0.35) |
Complementary Tools for Mednax Stock analysis
When running Mednax's price analysis, check to measure Mednax'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 Mednax is operating at the current time. Most of Mednax's value examination focuses on studying past and present price action to predict the probability of Mednax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mednax's price. Additionally, you may evaluate how the addition of Mednax to your portfolios can decrease your overall portfolio volatility.
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences |