Piedmont Office Realty Stock Technical Analysis

PDM Stock  USD 6.50  0.14  2.20%   
As of the 19th of April, Piedmont Office holds the Risk Adjusted Performance of (0.01), variance of 6.56, and Coefficient Of Variation of (3,842). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Piedmont Office, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to break down thirteen technical drivers for Piedmont Office Realty, which can be compared to its competitors. Please check Piedmont Office Realty coefficient of variation and maximum drawdown to decide if Piedmont Office Realty is priced some-what accurately, providing market reflects its current price of 6.5 per share. Given that Piedmont Office has information ratio of (0.05), we recommend you to check out Piedmont Office Realty's recent market performance to make sure the company can sustain itself at a future point.

Piedmont Office Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Piedmont, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Piedmont
  
Piedmont Office'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.

Piedmont Office Analyst Consensus

Target PriceAdvice# of Analysts
10.75Strong Buy3Odds
Piedmont Office Realty current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Piedmont 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 Piedmont stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Piedmont Office Realty, talking to its executives and customers, or listening to Piedmont conference calls.
Piedmont Analyst Advice Details
Piedmont Office 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 Piedmont Office technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Piedmont Office 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...

Piedmont Office Realty Technical Analysis

Indicator
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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 Piedmont Office Realty volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Piedmont Office Realty Trend Analysis

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

Piedmont Office Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Piedmont Office Realty applied against its price change over selected period. The best fit line has a slop of   0.0005  , which may imply that the returns on investment in Piedmont Office Realty will continue to fail. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted Piedmont Office price change compared to its average price change.

About Piedmont Office 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 Piedmont Office Realty 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 Piedmont Office Realty based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Piedmont Office Realty price pattern first instead of the macroeconomic environment surrounding Piedmont Office Realty. By analyzing Piedmont Office'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 Piedmont Office'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 Piedmont Office specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.04560.09230.110.0765
Price To Sales Ratio4.312.011.31.23

Piedmont Office April 19, 2024 Technical Indicators

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

Piedmont Office April 19, 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 Piedmont 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 Piedmont Office Realty is a strong investment it is important to analyze Piedmont Office's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Piedmont Office's future performance. For an informed investment choice regarding Piedmont Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Piedmont Office Realty. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Piedmont Office Realty information on this page should be used as a complementary analysis to other Piedmont Office'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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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When running Piedmont Office's price analysis, check to measure Piedmont Office'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 Piedmont Office is operating at the current time. Most of Piedmont Office's value examination focuses on studying past and present price action to predict the probability of Piedmont Office's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Piedmont Office's price. Additionally, you may evaluate how the addition of Piedmont Office to your portfolios can decrease your overall portfolio volatility.
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Is Piedmont Office'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 Piedmont Office. If investors know Piedmont 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 Piedmont Office 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
(0.70)
Dividend Share
0.67
Earnings Share
(0.39)
Revenue Per Share
4.672
Quarterly Revenue Growth
(0.01)
The market value of Piedmont Office Realty is measured differently than its book value, which is the value of Piedmont that is recorded on the company's balance sheet. Investors also form their own opinion of Piedmont Office's value that differs from its market value or its book value, called intrinsic value, which is Piedmont Office'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 Piedmont Office's market value can be influenced by many factors that don't directly affect Piedmont Office'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 Piedmont Office's value and its price as these two are different measures arrived at by different means. Investors typically determine if Piedmont Office is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Piedmont Office'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.