Axalta Coating Systems Stock Technical Analysis

AXTA Stock  USD 31.19  0.09  0.29%   
As of the 23rd of April, Axalta Coating shows the mean deviation of 0.9426, and Risk Adjusted Performance of (0.03). Axalta Coating Systems 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 and analyze data for thirteen technical drivers for Axalta Coating Systems, which can be compared to its peers. Please confirm Axalta Coating Systems standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if Axalta Coating Systems is priced correctly, providing market reflects its regular price of 31.19 per share. Given that Axalta Coating has information ratio of (0.12), we suggest you to validate Axalta Coating Systems's prevailing market performance to make sure the company can sustain itself at a future point.

Axalta Coating Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Axalta, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Axalta
  
Axalta Coating's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Axalta Coating Analyst Consensus

Target PriceAdvice# of Analysts
33.82Buy20Odds
Axalta Coating Systems current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Axalta 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 Axalta stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Axalta Coating Systems, talking to its executives and customers, or listening to Axalta conference calls.
Axalta Analyst Advice Details
Axalta Coating 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.
A focus of Axalta Coating technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Axalta Coating trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Axalta Coating Systems Technical Analysis

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The output start index for this execution was fourteen with a total number of output elements of fourty-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 Axalta Coating Systems volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Axalta Coating Systems Trend Analysis

Use this graph to draw trend lines for Axalta Coating Systems. You can use it to identify possible trend reversals for Axalta Coating 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 Axalta Coating price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Axalta Coating Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Axalta Coating Systems applied against its price change over selected period. The best fit line has a slop of   0.01  , which means Axalta Coating Systems will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3.6, which is the sum of squared deviations for the predicted Axalta Coating price change compared to its average price change.

About Axalta Coating 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 Axalta Coating Systems 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 Axalta Coating Systems based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Axalta Coating Systems price pattern first instead of the macroeconomic environment surrounding Axalta Coating Systems. By analyzing Axalta Coating'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 Axalta Coating'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 Axalta Coating specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2023 2024 (projected)
Dividend Yield0.0018820.0016940.001779
Price To Sales Ratio1.731.451.14

Axalta Coating April 23, 2024 Technical Indicators

Most technical analysis of Axalta 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 Axalta from various momentum indicators to cycle indicators. When you analyze Axalta 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.

Axalta Coating April 23, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Axalta stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Axalta Coating Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Axalta Coating's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Axalta Coating Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Axalta Coating Systems Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axalta Coating Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

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When running Axalta Coating's price analysis, check to measure Axalta Coating'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 Axalta Coating is operating at the current time. Most of Axalta Coating's value examination focuses on studying past and present price action to predict the probability of Axalta Coating's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axalta Coating's price. Additionally, you may evaluate how the addition of Axalta Coating to your portfolios can decrease your overall portfolio volatility.
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Is Axalta Coating'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 Axalta Coating. If investors know Axalta 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 Axalta Coating listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.681
Earnings Share
1.21
Revenue Per Share
23.457
Quarterly Revenue Growth
0.049
Return On Assets
0.0541
The market value of Axalta Coating Systems is measured differently than its book value, which is the value of Axalta that is recorded on the company's balance sheet. Investors also form their own opinion of Axalta Coating's value that differs from its market value or its book value, called intrinsic value, which is Axalta Coating'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 Axalta Coating's market value can be influenced by many factors that don't directly affect Axalta Coating'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 Axalta Coating's value and its price as these two are different measures arrived at by different means. Investors typically determine if Axalta Coating is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axalta Coating'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.