Orthofix Medical Stock Momentum Indicators Commodity Channel Index

OFIX Stock  USD 13.09  0.23  1.73%   
Orthofix Medical momentum indicators tool provides the execution environment for running the Commodity Channel Index indicator and other technical functions against Orthofix Medical. Orthofix Medical value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Commodity Channel Index indicator function is designed to identify and follow existing trends. Momentum indicators of Orthofix Medical are pattern recognition functions that provide distinct formation on Orthofix Medical potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

Indicator
Time Period
Execute Indicator
Illegal number of arguments. The output start index for this execution was zero with a total number of output elements of zero. The Commodity Channel Index (CCI) is designed to detect Orthofix Medical beginning and ending market trends using 100 to -100 scale. CCI values outside of this range indicate overbought or oversold conditions. If the price of Orthofix Medical is making new highs, and the CCI is not, then a price correction is likely to happen soon.

Orthofix Medical Technical Analysis Modules

Most technical analysis of Orthofix Medical 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 Orthofix from various momentum indicators to cycle indicators. When you analyze Orthofix charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Orthofix Medical Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Orthofix Medical. We use our internally-developed statistical techniques to arrive at the intrinsic value of Orthofix Medical based on widely used predictive technical indicators. In general, we focus on analyzing Orthofix Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Orthofix Medical's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Orthofix Medical's intrinsic value. In addition to deriving basic predictive indicators for Orthofix Medical, we also check how macroeconomic factors affect Orthofix Medical price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.0041740.00420.003780.002848
Price To Sales Ratio1.320.890.660.63
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Orthofix Medical's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
10.3113.0915.87
Details
Intrinsic
Valuation
LowRealHigh
12.4215.2017.98
Details
5 Analysts
Consensus
LowTargetHigh
19.2621.1723.50
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.32-0.28-0.25
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Orthofix Medical. Your research has to be compared to or analyzed against Orthofix Medical's peers to derive any actionable benefits. When done correctly, Orthofix Medical's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Orthofix Medical.

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When determining whether Orthofix Medical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Orthofix Medical'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 Orthofix Medical Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Orthofix Medical Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Orthofix Medical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Orthofix Stock please use our How to Invest in Orthofix Medical guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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When running Orthofix Medical's price analysis, check to measure Orthofix Medical'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 Orthofix Medical is operating at the current time. Most of Orthofix Medical's value examination focuses on studying past and present price action to predict the probability of Orthofix Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orthofix Medical's price. Additionally, you may evaluate how the addition of Orthofix Medical to your portfolios can decrease your overall portfolio volatility.
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Is Orthofix Medical'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 Orthofix Medical. If investors know Orthofix 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 Orthofix Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(4.12)
Revenue Per Share
20.328
Quarterly Revenue Growth
0.64
Return On Assets
(0.06)
Return On Equity
(0.32)
The market value of Orthofix Medical is measured differently than its book value, which is the value of Orthofix that is recorded on the company's balance sheet. Investors also form their own opinion of Orthofix Medical's value that differs from its market value or its book value, called intrinsic value, which is Orthofix Medical'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 Orthofix Medical's market value can be influenced by many factors that don't directly affect Orthofix Medical'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 Orthofix Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Orthofix Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Orthofix Medical'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.