Edap Tms Sa Stock Technical Analysis
EDAP Stock | USD 7.15 0.11 1.52% |
As of the 23rd of April, EDAP TMS owns the Downside Deviation of 2.35, coefficient of variation of 783.45, and Market Risk Adjusted Performance of 0.4061. EDAP TMS SA technical analysis allows you to utilize past data patterns in order to determine a pattern that computes the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to analyze nineteen technical drivers for EDAP TMS, which can be compared to its peers in the sector. Please confirm EDAP TMS SA information ratio, and the relationship between the downside deviation and value at risk to decide if EDAP TMS SA is priced some-what accurately, providing market reflects its prevailing price of 7.15 per share. Given that EDAP TMS SA has jensen alpha of 0.3169, we urge you to verify EDAP TMS's latest market performance to make sure the company can sustain itself at some future date.
EDAP TMS Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as EDAP, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EDAPEDAP |
EDAP TMS Analyst Consensus
Target Price | Advice | # of Analysts | |
15.1 | Strong Buy | 3 | Odds |
Most EDAP 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 EDAP stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of EDAP TMS SA, talking to its executives and customers, or listening to EDAP conference calls.
EDAP TMS 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.
EDAP TMS SA 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 EDAP TMS SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
EDAP TMS SA Trend Analysis
Use this graph to draw trend lines for EDAP TMS SA. You can use it to identify possible trend reversals for EDAP TMS 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 EDAP TMS price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.EDAP TMS Best Fit Change Line
The following chart estimates an ordinary least squares regression model for EDAP TMS SA applied against its price change over selected period. The best fit line has a slop of 0.03 , which means EDAP TMS SA will continue generating value for investors. It has 122 observation points and a regression sum of squares at 33.78, which is the sum of squared deviations for the predicted EDAP TMS price change compared to its average price change.About EDAP TMS 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 EDAP TMS SA 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 EDAP TMS SA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on EDAP TMS SA price pattern first instead of the macroeconomic environment surrounding EDAP TMS SA. By analyzing EDAP TMS'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 EDAP TMS'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 EDAP TMS specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 (projected) | Days Sales Outstanding | 100.37 | 98.97 | 118.74 | PTB Ratio | 3.4 | 4.8 | 3.1 |
EDAP TMS April 23, 2024 Technical Indicators
Most technical analysis of EDAP 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 EDAP from various momentum indicators to cycle indicators. When you analyze EDAP 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 | 0.0862 | |||
Market Risk Adjusted Performance | 0.4061 | |||
Mean Deviation | 2.37 | |||
Semi Deviation | 2.12 | |||
Downside Deviation | 2.35 | |||
Coefficient Of Variation | 783.45 | |||
Standard Deviation | 3.14 | |||
Variance | 9.89 | |||
Information Ratio | 0.1005 | |||
Jensen Alpha | 0.3169 | |||
Total Risk Alpha | 0.004 | |||
Sortino Ratio | 0.1343 | |||
Treynor Ratio | 0.3961 | |||
Maximum Drawdown | 16.96 | |||
Value At Risk | (3.44) | |||
Potential Upside | 5.18 | |||
Downside Variance | 5.54 | |||
Semi Variance | 4.51 | |||
Expected Short fall | (2.91) | |||
Skewness | 1.16 | |||
Kurtosis | 2.42 |
EDAP TMS 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 EDAP 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.
Accumulation Distribution | 833.15 | ||
Daily Balance Of Power | (0.41) | ||
Rate Of Daily Change | 0.98 | ||
Day Median Price | 7.24 | ||
Day Typical Price | 7.21 | ||
Price Action Indicator | (0.14) |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EDAP TMS SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the EDAP TMS SA information on this page should be used as a complementary analysis to other EDAP TMS's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for EDAP Stock analysis
When running EDAP TMS's price analysis, check to measure EDAP TMS'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 EDAP TMS is operating at the current time. Most of EDAP TMS's value examination focuses on studying past and present price action to predict the probability of EDAP TMS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EDAP TMS's price. Additionally, you may evaluate how the addition of EDAP TMS to your portfolios can decrease your overall portfolio volatility.
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Is EDAP TMS'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 EDAP TMS. If investors know EDAP 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 EDAP TMS 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 (0.62) | Earnings Share (0.61) | Revenue Per Share 1.633 | Quarterly Revenue Growth 0.248 | Return On Assets (0.11) |
The market value of EDAP TMS SA is measured differently than its book value, which is the value of EDAP that is recorded on the company's balance sheet. Investors also form their own opinion of EDAP TMS's value that differs from its market value or its book value, called intrinsic value, which is EDAP TMS'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 EDAP TMS's market value can be influenced by many factors that don't directly affect EDAP TMS'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 EDAP TMS's value and its price as these two are different measures arrived at by different means. Investors typically determine if EDAP TMS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EDAP TMS'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.