Alimera Sciences Stock Technical Analysis
| ALIM Stock | USD 3.52 0.33 8.57% |
As of the 16th of April 2024, Alimera Sciences shows the Standard Deviation of 3.07, risk adjusted performance of (0.02), and Mean Deviation of 2.17. Alimera Sciences technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to collect and analyze data for thirteen technical drivers for Alimera Sciences, which can be compared to its peers. Please confirm Alimera Sciences coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and skewness to decide if Alimera Sciences is priced correctly, providing market reflects its regular price of 3.52 per share. Given that Alimera Sciences has information ratio of (0.06), we suggest you to validate Alimera Sciences's prevailing market performance to make sure the company can sustain itself at a future point.
Alimera Sciences Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Alimera, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AlimeraAlimera |
Alimera Sciences Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 7.0 | Strong Buy | 3 | Odds |
Most Alimera 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 Alimera stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Alimera Sciences, talking to its executives and customers, or listening to Alimera conference calls.
Alimera Sciences 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.
Alimera Sciences Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Alimera Sciences volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Alimera Sciences Trend Analysis
Use this graph to draw trend lines for Alimera Sciences. You can use it to identify possible trend reversals for Alimera Sciences 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 Alimera Sciences price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Alimera Sciences Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Alimera Sciences applied against its price change over selected period. The best fit line has a slop of 0.0009 , which means Alimera Sciences will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.03, which is the sum of squared deviations for the predicted Alimera Sciences price change compared to its average price change.About Alimera Sciences 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 Alimera Sciences 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 Alimera Sciences based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Alimera Sciences price pattern first instead of the macroeconomic environment surrounding Alimera Sciences. By analyzing Alimera Sciences'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 Alimera Sciences'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 Alimera Sciences specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Dividend Yield | 0.0131 | 0.0125 | Price To Sales Ratio | 1.37 | 1.3 |
Alimera Sciences April 16, 2024 Technical Indicators
Most technical analysis of Alimera 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 Alimera from various momentum indicators to cycle indicators. When you analyze Alimera 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.
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | 0.1371 | |||
| Mean Deviation | 2.17 | |||
| Coefficient Of Variation | (2,423) | |||
| Standard Deviation | 3.07 | |||
| Variance | 9.45 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | 0.1271 | |||
| Maximum Drawdown | 16.3 | |||
| Value At Risk | (5.04) | |||
| Potential Upside | 4.66 | |||
| Skewness | (1.02) | |||
| Kurtosis | 2.73 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alimera Sciences. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Alimera Stock, please use our How to Invest in Alimera Sciences guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Alimera Stock analysis
When running Alimera Sciences' price analysis, check to measure Alimera Sciences' 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 Alimera Sciences is operating at the current time. Most of Alimera Sciences' value examination focuses on studying past and present price action to predict the probability of Alimera Sciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alimera Sciences' price. Additionally, you may evaluate how the addition of Alimera Sciences to your portfolios can decrease your overall portfolio volatility.
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Is Alimera Sciences' industry 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 Alimera Sciences. If investors know Alimera 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 Alimera Sciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.84) | Revenue Per Share 3.159 | Quarterly Revenue Growth 0.875 | Return On Assets (0.01) | Return On Equity (1.59) |
The market value of Alimera Sciences is measured differently than its book value, which is the value of Alimera that is recorded on the company's balance sheet. Investors also form their own opinion of Alimera Sciences' value that differs from its market value or its book value, called intrinsic value, which is Alimera Sciences' 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 Alimera Sciences' market value can be influenced by many factors that don't directly affect Alimera Sciences' 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 Alimera Sciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Alimera Sciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alimera Sciences' 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.