Bausch Health Companies Stock Technical Analysis

BHC Stock  USD 8.69  0.09  1.05%   
As of the 20th of April, Bausch Health shows the Mean Deviation of 1.74, risk adjusted performance of 0.0389, and Downside Deviation of 2.47. Bausch Health Companies 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 have analyze and collected data for nineteen technical drivers for Bausch Health Companies, which can be compared to its peers. Please confirm Bausch Health Companies jensen alpha, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance to decide if Bausch Health Companies is priced correctly, providing market reflects its regular price of 8.69 per share. Given that Bausch Health has jensen alpha of (0.03), we suggest you to validate Bausch Health Companies's prevailing market performance to make sure the company can sustain itself at a future point.

Bausch Health Momentum Analysis

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

Bausch Health Analyst Consensus

Target PriceAdvice# of Analysts
9.67Buy7Odds
Bausch Health Companies current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Bausch 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 Bausch stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Bausch Health Companies, talking to its executives and customers, or listening to Bausch conference calls.
Bausch Analyst Advice Details
Bausch Health 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 Bausch Health technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bausch Health 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...

Bausch Health Companies Technical Analysis

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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 Bausch Health Companies volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Bausch Health Companies Trend Analysis

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

Bausch Health Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Bausch Health Companies applied against its price change over selected period. The best fit line has a slop of   0.02  , which may imply that Bausch Health Companies will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 21.16, which is the sum of squared deviations for the predicted Bausch Health price change compared to its average price change.

About Bausch Health 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 Bausch Health Companies 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 Bausch Health Companies based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Bausch Health Companies price pattern first instead of the macroeconomic environment surrounding Bausch Health Companies. By analyzing Bausch Health'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 Bausch Health'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 Bausch Health specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.01230.0117
Price To Sales Ratio0.330.32

Bausch Health April 20, 2024 Technical Indicators

Most technical analysis of Bausch 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 Bausch from various momentum indicators to cycle indicators. When you analyze Bausch 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.
When determining whether Bausch Health Companies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bausch Health'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 Bausch Health Companies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bausch Health Companies Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bausch Health Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the Bausch Health Companies information on this page should be used as a complementary analysis to other Bausch Health'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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Complementary Tools for Bausch Stock analysis

When running Bausch Health's price analysis, check to measure Bausch Health'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 Bausch Health is operating at the current time. Most of Bausch Health's value examination focuses on studying past and present price action to predict the probability of Bausch Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bausch Health's price. Additionally, you may evaluate how the addition of Bausch Health to your portfolios can decrease your overall portfolio volatility.
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Is Bausch Health'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 Bausch Health. If investors know Bausch 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 Bausch Health 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
1.115
Earnings Share
(1.62)
Revenue Per Share
23.998
Quarterly Revenue Growth
0.098
Return On Assets
0.0382
The market value of Bausch Health Companies is measured differently than its book value, which is the value of Bausch that is recorded on the company's balance sheet. Investors also form their own opinion of Bausch Health's value that differs from its market value or its book value, called intrinsic value, which is Bausch Health'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 Bausch Health's market value can be influenced by many factors that don't directly affect Bausch Health'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 Bausch Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bausch Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bausch Health'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.