Mimedx Group Stock Technical Analysis
| MDXG Stock | USD 9.20 0.02 0.22% |
As of the 25th of November, MiMedx secures the mean deviation of 2.24, and Risk Adjusted Performance of 0.1134. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of MiMedx Group, as well as the relationship between them. Please verify MiMedx Group standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if MiMedx Group is priced some-what accurately, providing market reflects its recent price of 9.2 per share. Given that MiMedx Group has jensen alpha of 0.5437, we recommend you to check MiMedx's last-minute market performance to make sure the company can sustain itself at a future point.
MiMedx Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as MiMedx, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MiMedxMiMedx |
MiMedx Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 12.06 | Strong Buy | 5 | Odds |
Most MiMedx 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 MiMedx stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of MiMedx Group, talking to its executives and customers, or listening to MiMedx conference calls.
MiMedx 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.
MiMedx Group 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 MiMedx Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.
MiMedx Group Trend Analysis
Use this graph to draw trend lines for MiMedx Group. You can use it to identify possible trend reversals for MiMedx 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 MiMedx price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.MiMedx Best Fit Change Line
The following chart estimates an ordinary least squares regression model for MiMedx Group applied against its price change over selected period. The best fit line has a slop of 0.04 , which means MiMedx Group will continue generating value for investors. It has 122 observation points and a regression sum of squares at 69.72, which is the sum of squared deviations for the predicted MiMedx price change compared to its average price change.About MiMedx 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 MiMedx Group 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 MiMedx Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on MiMedx Group price pattern first instead of the macroeconomic environment surrounding MiMedx Group. By analyzing MiMedx'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 MiMedx'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 MiMedx specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 5.86 | 5.72 | 6.04 | 3.26 | Days Of Inventory On Hand | 96.04 | 99.59 | 140.44 | 135.29 |
MiMedx November 25, 2024 Technical Indicators
Most technical analysis of MiMedx 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 MiMedx from various momentum indicators to cycle indicators. When you analyze MiMedx 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 | 0.1134 | |||
| Market Risk Adjusted Performance | 1.84 | |||
| Mean Deviation | 2.24 | |||
| Semi Deviation | 1.77 | |||
| Downside Deviation | 2.31 | |||
| Coefficient Of Variation | 728.85 | |||
| Standard Deviation | 4.32 | |||
| Variance | 18.62 | |||
| Information Ratio | 0.1069 | |||
| Jensen Alpha | 0.5437 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | 0.2 | |||
| Treynor Ratio | 1.83 | |||
| Maximum Drawdown | 25.51 | |||
| Value At Risk | (3.26) | |||
| Potential Upside | 3.63 | |||
| Downside Variance | 5.32 | |||
| Semi Variance | 3.14 | |||
| Expected Short fall | (2.77) | |||
| Skewness | 3.78 | |||
| Kurtosis | 18.12 |
Complementary Tools for MiMedx Stock analysis
When running MiMedx's price analysis, check to measure MiMedx'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 MiMedx is operating at the current time. Most of MiMedx's value examination focuses on studying past and present price action to predict the probability of MiMedx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MiMedx's price. Additionally, you may evaluate how the addition of MiMedx to your portfolios can decrease your overall portfolio volatility.
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