Autonation Stock Technical Analysis
| AN Stock | USD 152.36 1.75 1.14% |
As of the 16th of April 2024, AutoNation shows the Downside Deviation of 2.04, risk adjusted performance of 0.0509, and Mean Deviation of 1.42. AutoNation 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 firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for AutoNation, which can be compared to its peers. Please confirm AutoNation treynor ratio, as well as the relationship between the potential upside and expected short fall to decide if AutoNation is priced correctly, providing market reflects its regular price of 152.36 per share. Given that AutoNation has jensen alpha of 0.0944, we suggest you to validate AutoNation's prevailing market performance to make sure the company can sustain itself at a future point.
AutoNation Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as AutoNation, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AutoNationAutoNation |
AutoNation Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 169.56 | Buy | 13 | Odds |
Most AutoNation 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 AutoNation stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of AutoNation, talking to its executives and customers, or listening to AutoNation conference calls.
AutoNation 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.
AutoNation Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 AutoNation volatility. High ATR values indicate high volatility, and low values indicate low volatility.
AutoNation Trend Analysis
Use this graph to draw trend lines for AutoNation. You can use it to identify possible trend reversals for AutoNation 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 AutoNation price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.AutoNation Best Fit Change Line
The following chart estimates an ordinary least squares regression model for AutoNation applied against its price change over selected period. The best fit line has a slop of 0.38 , which suggests that AutoNation will keep on generating value for investors. It has 122 observation points and a regression sum of squares at 5352.38, which is the sum of squared deviations for the predicted AutoNation price change compared to its average price change.About AutoNation 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 AutoNation 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 AutoNation based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on AutoNation price pattern first instead of the macroeconomic environment surrounding AutoNation. By analyzing AutoNation'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 AutoNation'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 AutoNation specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2022 | 2023 | 2024 (projected) | Dividend Yield | 5.63E-4 | 0.46 | 0.48 | Price To Sales Ratio | 0.22 | 0.25 | 0.24 |
AutoNation April 16, 2024 Technical Indicators
Most technical analysis of AutoNation 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 AutoNation from various momentum indicators to cycle indicators. When you analyze AutoNation 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 | 0.0509 | |||
| Market Risk Adjusted Performance | 0.2535 | |||
| Mean Deviation | 1.42 | |||
| Semi Deviation | 1.83 | |||
| Downside Deviation | 2.04 | |||
| Coefficient Of Variation | 1414.44 | |||
| Standard Deviation | 1.85 | |||
| Variance | 3.41 | |||
| Information Ratio | 0.0367 | |||
| Jensen Alpha | 0.0944 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0333 | |||
| Treynor Ratio | 0.2435 | |||
| Maximum Drawdown | 8.21 | |||
| Value At Risk | (3.06) | |||
| Potential Upside | 3.41 | |||
| Downside Variance | 4.15 | |||
| Semi Variance | 3.35 | |||
| Expected Short fall | (1.39) | |||
| Skewness | (0.21) | |||
| Kurtosis | (0.08) |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AutoNation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in AutoNation Stock, please use our How to Invest in AutoNation guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for AutoNation Stock analysis
When running AutoNation's price analysis, check to measure AutoNation'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 AutoNation is operating at the current time. Most of AutoNation's value examination focuses on studying past and present price action to predict the probability of AutoNation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AutoNation's price. Additionally, you may evaluate how the addition of AutoNation to your portfolios can decrease your overall portfolio volatility.
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |
Is AutoNation'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 AutoNation. If investors know AutoNation 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 AutoNation 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 (0.12) | Earnings Share 22.72 | Revenue Per Share 604.235 | Quarterly Revenue Growth 0.011 | Return On Assets 0.0937 |
The market value of AutoNation is measured differently than its book value, which is the value of AutoNation that is recorded on the company's balance sheet. Investors also form their own opinion of AutoNation's value that differs from its market value or its book value, called intrinsic value, which is AutoNation'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 AutoNation's market value can be influenced by many factors that don't directly affect AutoNation'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 AutoNation's value and its price as these two are different measures arrived at by different means. Investors typically determine if AutoNation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AutoNation'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.