Atricure Stock Technical Analysis
| ATRC Stock | USD 23.05 0.12 0.52% |
As of the 25th of April, AtriCure shows the Risk Adjusted Performance of (0.11), standard deviation of 2.7, and Mean Deviation of 2.11. AtriCure 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 interpolate data for thirteen technical drivers for AtriCure, which can be compared to its peers. Please confirm AtriCure information ratio and potential upside to decide if AtriCure is priced correctly, providing market reflects its regular price of 23.05 per share. Given that AtriCure has information ratio of (0.23), we suggest you to validate AtriCure's prevailing market performance to make sure the company can sustain itself at a future point.
AtriCure Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as AtriCure, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AtriCureAtriCure |
AtriCure Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 65.33 | Strong Buy | 9 | Odds |
Most AtriCure 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 AtriCure stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of AtriCure, talking to its executives and customers, or listening to AtriCure conference calls.
AtriCure 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.
AtriCure Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 AtriCure volatility. High ATR values indicate high volatility, and low values indicate low volatility.
AtriCure Trend Analysis
Use this graph to draw trend lines for AtriCure. You can use it to identify possible trend reversals for AtriCure 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 AtriCure price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.AtriCure Best Fit Change Line
The following chart estimates an ordinary least squares regression model for AtriCure applied against its price change over selected period. The best fit line has a slop of 0.2 , which may suggest that AtriCure market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1509.09, which is the sum of squared deviations for the predicted AtriCure price change compared to its average price change.About AtriCure 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 AtriCure 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 AtriCure based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on AtriCure price pattern first instead of the macroeconomic environment surrounding AtriCure. By analyzing AtriCure'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 AtriCure'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 AtriCure specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.003943 | 0.002976 | 3.6E-5 | 3.4E-5 | Price To Sales Ratio | 11.42 | 6.14 | 4.14 | 3.93 |
AtriCure April 25, 2024 Technical Indicators
Most technical analysis of AtriCure 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 AtriCure from various momentum indicators to cycle indicators. When you analyze AtriCure 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 | (0.11) | |||
| Market Risk Adjusted Performance | (0.24) | |||
| Mean Deviation | 2.11 | |||
| Coefficient Of Variation | (517.62) | |||
| Standard Deviation | 2.7 | |||
| Variance | 7.29 | |||
| Information Ratio | (0.23) | |||
| Jensen Alpha | (0.72) | |||
| Total Risk Alpha | (0.90) | |||
| Treynor Ratio | (0.25) | |||
| Maximum Drawdown | 11.59 | |||
| Value At Risk | (5.34) | |||
| Potential Upside | 3.61 | |||
| Skewness | (0.19) | |||
| Kurtosis | (0.43) |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AtriCure. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade AtriCure Stock refer to our How to Trade AtriCure Stock guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for AtriCure Stock analysis
When running AtriCure's price analysis, check to measure AtriCure'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 AtriCure is operating at the current time. Most of AtriCure's value examination focuses on studying past and present price action to predict the probability of AtriCure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AtriCure's price. Additionally, you may evaluate how the addition of AtriCure to your portfolios can decrease your overall portfolio volatility.
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Is AtriCure's 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 AtriCure. If investors know AtriCure 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 AtriCure listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.66) | Revenue Per Share 8.621 | Quarterly Revenue Growth 0.21 | Return On Assets (0.03) | Return On Equity (0.07) |
The market value of AtriCure is measured differently than its book value, which is the value of AtriCure that is recorded on the company's balance sheet. Investors also form their own opinion of AtriCure's value that differs from its market value or its book value, called intrinsic value, which is AtriCure's 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 AtriCure's market value can be influenced by many factors that don't directly affect AtriCure's 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 AtriCure's value and its price as these two are different measures arrived at by different means. Investors typically determine if AtriCure is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AtriCure's 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.