Sotera Health Co Stock Technical Analysis
| SHC Stock | USD 12.41 0.80 6.06% |
As of the 22nd of November, Sotera Health has the Coefficient Of Variation of (791.09), risk adjusted performance of (0.09), and Variance of 5.48. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sotera Health, as well as the relationship between them.
Sotera Health Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Sotera, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SoteraSotera |
Sotera Health Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 20.0 | Buy | 8 | Odds |
Most Sotera 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 Sotera stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Sotera Health, talking to its executives and customers, or listening to Sotera conference calls.
Sotera Health 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.
Sotera Health Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Sotera Health volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Sotera Health Trend Analysis
Use this graph to draw trend lines for Sotera Health Co. You can use it to identify possible trend reversals for Sotera Health 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 Sotera Health price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Sotera Health Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Sotera Health Co applied against its price change over selected period. The best fit line has a slop of 0.03 , which may imply that the returns on investment in Sotera Health Co will continue to fail. It has 122 observation points and a regression sum of squares at 43.86, which is the sum of squared deviations for the predicted Sotera Health price change compared to its average price change.About Sotera Health 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 Sotera Health Co 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 Sotera Health Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Sotera Health price pattern first instead of the macroeconomic environment surrounding Sotera Health. By analyzing Sotera Health'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 Sotera Health'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 Sotera Health specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Dividend Yield | 0.0871 | 0.0501 | Price To Sales Ratio | 4.51 | 7.49 |
Sotera Health November 22, 2024 Technical Indicators
Most technical analysis of Sotera 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 Sotera from various momentum indicators to cycle indicators. When you analyze Sotera 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 | (0.09) | |||
| Market Risk Adjusted Performance | (0.22) | |||
| Mean Deviation | 1.67 | |||
| Coefficient Of Variation | (791.09) | |||
| Standard Deviation | 2.34 | |||
| Variance | 5.48 | |||
| Information Ratio | (0.17) | |||
| Jensen Alpha | (0.44) | |||
| Total Risk Alpha | (0.61) | |||
| Treynor Ratio | (0.23) | |||
| Maximum Drawdown | 11.98 | |||
| Value At Risk | (3.99) | |||
| Potential Upside | 3.45 | |||
| Skewness | 0.6481 | |||
| Kurtosis | 2.25 |
Complementary Tools for Sotera Stock analysis
When running Sotera Health's price analysis, check to measure Sotera Health'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 Sotera Health is operating at the current time. Most of Sotera Health's value examination focuses on studying past and present price action to predict the probability of Sotera Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sotera Health's price. Additionally, you may evaluate how the addition of Sotera Health to your portfolios can decrease your overall portfolio volatility.
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