Abiomed Stock Technical Analysis
As of the 18th of March 2024, ABIOMED shows the Mean Deviation of 2.01, coefficient of variation of 792.11, and Downside Deviation of 1.75. ABIOMED 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 entity's future prices. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have collected data for nineteen technical drivers for ABIOMED, which can be compared to its rivals. Please confirm ABIOMED standard deviation, value at risk, kurtosis, as well as the relationship between the jensen alpha and semi variance to decide if ABIOMED is priced fairly, providing market reflects its regular price of 0.0 per share.
ABIOMED Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ABIOMED, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ABIOMEDABIOMED |
ABIOMED 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, delisted stock market cycles, or different charting patterns.
ABIOMED Technical Analysis
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ABIOMED Trend Analysis
Use this graph to draw trend lines for ABIOMED. You can use it to identify possible trend reversals for ABIOMED 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 ABIOMED price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ABIOMED Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ABIOMED applied against its price change over selected period. The best fit line has a slop of 0.25 , which may suggest that ABIOMED market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2318.14, which is the sum of squared deviations for the predicted ABIOMED price change compared to its average price change.About ABIOMED 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 ABIOMED 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 ABIOMED based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ABIOMED price pattern first instead of the macroeconomic environment surrounding ABIOMED. By analyzing ABIOMED'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 ABIOMED'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 ABIOMED specific price patterns or momentum indicators. Please read more on our technical analysis page.
ABIOMED March 18, 2024 Technical Indicators
Most technical analysis of ABIOMED 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 ABIOMED from various momentum indicators to cycle indicators. When you analyze ABIOMED 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 | 0.0888 | |||
Market Risk Adjusted Performance | (0.54) | |||
Mean Deviation | 2.01 | |||
Semi Deviation | 0.7078 | |||
Downside Deviation | 1.75 | |||
Coefficient Of Variation | 792.11 | |||
Standard Deviation | 6.33 | |||
Variance | 40.11 | |||
Information Ratio | 0.1038 | |||
Jensen Alpha | 0.9802 | |||
Total Risk Alpha | (0.53) | |||
Sortino Ratio | 0.3755 | |||
Treynor Ratio | (0.55) | |||
Maximum Drawdown | 51.02 | |||
Value At Risk | (3.41) | |||
Potential Upside | 3.47 | |||
Downside Variance | 3.07 | |||
Semi Variance | 0.5009 | |||
Expected Short fall | (2.45) | |||
Skewness | 7.37 | |||
Kurtosis | 57.74 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Other Consideration for investing in ABIOMED Stock
If you are still planning to invest in ABIOMED check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ABIOMED's history and understand the potential risks before investing.
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