Viemed Healthcare Stock Technical Analysis
| VMD Stock | USD 8.75 0.04 0.46% |
As of the 25th of November, Viemed Healthcare has the Semi Deviation of 1.66, risk adjusted performance of 0.125, and Coefficient Of Variation of 645.35. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Viemed Healthcare, as well as the relationship between them. Please validate Viemed Healthcare information ratio, as well as the relationship between the value at risk and expected short fall to decide if Viemed Healthcare is priced more or less accurately, providing market reflects its prevalent price of 8.75 per share. Given that Viemed Healthcare has jensen alpha of 0.1432, we advise you to double-check Viemed Healthcare's current market performance to make sure the company can sustain itself at a future point.
Viemed Healthcare Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Viemed, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ViemedViemed |
Viemed Healthcare Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 15.0 | Strong Buy | 3 | Odds |
Most Viemed 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 Viemed stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Viemed Healthcare, talking to its executives and customers, or listening to Viemed conference calls.
Viemed Healthcare 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.
Viemed Healthcare 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 Viemed Healthcare volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Viemed Healthcare Trend Analysis
Use this graph to draw trend lines for Viemed Healthcare. You can use it to identify possible trend reversals for Viemed Healthcare 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 Viemed Healthcare price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Viemed Healthcare Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Viemed Healthcare applied against its price change over selected period. The best fit line has a slop of 0.03 , which may imply that Viemed Healthcare will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 45.85, which is the sum of squared deviations for the predicted Viemed Healthcare price change compared to its average price change.About Viemed Healthcare 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 Viemed Healthcare 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 Viemed Healthcare based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Viemed Healthcare price pattern first instead of the macroeconomic environment surrounding Viemed Healthcare. By analyzing Viemed Healthcare'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 Viemed Healthcare'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 Viemed Healthcare specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Dividend Yield | 0.11 | 0.1 | Price To Sales Ratio | 1.65 | 1.52 |
Viemed Healthcare November 25, 2024 Technical Indicators
Most technical analysis of Viemed 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 Viemed from various momentum indicators to cycle indicators. When you analyze Viemed 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 | 0.125 | |||
| Market Risk Adjusted Performance | 0.2402 | |||
| Mean Deviation | 1.52 | |||
| Semi Deviation | 1.66 | |||
| Downside Deviation | 1.85 | |||
| Coefficient Of Variation | 645.35 | |||
| Standard Deviation | 2.01 | |||
| Variance | 4.04 | |||
| Information Ratio | 0.0899 | |||
| Jensen Alpha | 0.1432 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0978 | |||
| Treynor Ratio | 0.2302 | |||
| Maximum Drawdown | 10.98 | |||
| Value At Risk | (2.76) | |||
| Potential Upside | 3.3 | |||
| Downside Variance | 3.41 | |||
| Semi Variance | 2.75 | |||
| Expected Short fall | (1.66) | |||
| Skewness | 0.4933 | |||
| Kurtosis | 1.34 |
Complementary Tools for Viemed Stock analysis
When running Viemed Healthcare's price analysis, check to measure Viemed Healthcare'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 Viemed Healthcare is operating at the current time. Most of Viemed Healthcare's value examination focuses on studying past and present price action to predict the probability of Viemed Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Viemed Healthcare's price. Additionally, you may evaluate how the addition of Viemed Healthcare to your portfolios can decrease your overall portfolio volatility.
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