Amedisys Inc shows Mean Deviation
of 1.75 and Risk Adjusted Performance
of 0.0417. Amedisys Inc 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 future prices. In plain English 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 found nineteen technical drivers
for Amedisys Inc which can be compared to its rivals. Please confirm Amedisys Inc Downside Deviation
, Treynor Ratio
, Expected Short fall
, as well as the relationship
and Potential Upside
to decide if Amedisys Inc is priced correctly providing market reflects its regular price of 14.54 per share. Given that Amedisys has Jensen Alpha
of 0.1179, we suggest you validate Amedisys Inc prevailing market performance to make sure the company can sustain itself at future point. Use Amedisys Inc technical analysis within your existing portfolios mixed with equities fromn NASDAQ to protect against small markets fluctuations as well as to determine Stock diversification method that is right for you.
Use this graph to draw trend lines for Amedisys Inc. You can use it to identify possible trend reversals for Amedisys 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 Amedisys price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Amedisys Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Amedisys Inc applied against its price change over selected period. The best fit line has a slop of 0.05 %
which may suggest that Amedisys Inc market price will keep on failing further. It has 40 observation points and regression sum of squers of 3.6 which is sum of squared deviations of the predicted Amedisys price change against its avarage change.
|Price Growth (%) |
|Prediction Trend || ||Amedisys || |
Amedisys has a best fit line with a correlation coefficient of -0.51. and coefficient of determination of 0.26. Note, that about 86.0%
of the company shares are held by institutions