Tekla Healthcare Investors Stock Technical Analysis

HQH Stock  USD 16.13  0.01  0.06%   
As of the 24th of April, Tekla Healthcare has the Variance of 0.7024, risk adjusted performance of (0.03), and Coefficient Of Variation of (1,770). Tekla Healthcare technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to break down and collect data for thirteen technical drivers for Tekla Healthcare Investors, which can be compared to its competition. Please validate Tekla Healthcare Inv standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and kurtosis to decide if Tekla Healthcare is priced more or less accurately, providing market reflects its prevalent price of 16.13 per share. Given that Tekla Healthcare Inv has information ratio of (0.16), we advise you to double-check Tekla Healthcare Investors's current market performance to make sure the company can sustain itself at a future point.

Tekla Healthcare Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Tekla, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Tekla
  
Tekla Healthcare'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.
Tekla Healthcare 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 Tekla Healthcare technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Tekla Healthcare 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...

Tekla Healthcare Inv Technical Analysis

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The output start index for this execution was eight with a total number of output elements of fifty-three. 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 Tekla Healthcare Inv volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Tekla Healthcare Inv Trend Analysis

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

Tekla Healthcare Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Tekla Healthcare Investors applied against its price change over selected period. The best fit line has a slop of   0.01  , which may imply that the returns on investment in Tekla Healthcare Investors will continue to fail. It has 122 observation points and a regression sum of squares at 7.11, which is the sum of squared deviations for the predicted Tekla Healthcare price change compared to its average price change.

About Tekla Healthcare 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 Tekla Healthcare Investors 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 Tekla Healthcare Investors based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Tekla Healthcare Inv price pattern first instead of the macroeconomic environment surrounding Tekla Healthcare Inv. By analyzing Tekla Healthcare'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 Tekla Healthcare'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 Tekla Healthcare specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Payables Turnover1.511.34
Days Of Inventory On Hand1.2K931.74

Tekla Healthcare April 24, 2024 Technical Indicators

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

Tekla Healthcare April 24, 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 Tekla 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 Tekla Healthcare Inv offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tekla Healthcare'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 Tekla Healthcare Investors Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tekla Healthcare Investors Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Tekla Healthcare Investors. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Tekla Stock analysis

When running Tekla Healthcare's price analysis, check to measure Tekla Healthcare'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 Tekla Healthcare is operating at the current time. Most of Tekla Healthcare's value examination focuses on studying past and present price action to predict the probability of Tekla Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tekla Healthcare's price. Additionally, you may evaluate how the addition of Tekla Healthcare to your portfolios can decrease your overall portfolio volatility.
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Is Tekla Healthcare'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 Tekla Healthcare. If investors know Tekla 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 Tekla Healthcare 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
(0.67)
Dividend Share
1.61
Earnings Share
1.09
Revenue Per Share
0.208
Quarterly Revenue Growth
0.081
The market value of Tekla Healthcare Inv is measured differently than its book value, which is the value of Tekla that is recorded on the company's balance sheet. Investors also form their own opinion of Tekla Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Tekla Healthcare'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 Tekla Healthcare's market value can be influenced by many factors that don't directly affect Tekla Healthcare'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 Tekla Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tekla Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tekla Healthcare'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.