Acutus Medicalinc Stock Technical Analysis
| AFIB Stock | USD 0.17 0 1.88% |
As of the 24th of April, Acutus MedicalInc shows the Downside Deviation of 10.49, risk adjusted performance of 0.035, and Mean Deviation of 6.32. Acutus MedicalInc 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 collect and analyze data for nineteen technical drivers for Acutus MedicalInc, which can be compared to its peers. Please confirm Acutus MedicalInc jensen alpha, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance to decide if Acutus MedicalInc is priced correctly, providing market reflects its regular price of 0.1668 per share. As Acutus MedicalInc appears to be a penny stock we also recommend to validate its total risk alpha numbers.
Acutus MedicalInc Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Acutus, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AcutusAcutus |
Acutus MedicalInc Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 1.5 | Buy | 3 | Odds |
Most Acutus 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 Acutus stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Acutus MedicalInc, talking to its executives and customers, or listening to Acutus conference calls.
Acutus MedicalInc 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.
Acutus MedicalInc Technical Analysis
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 Acutus MedicalInc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Acutus MedicalInc Trend Analysis
Use this graph to draw trend lines for Acutus MedicalInc. You can use it to identify possible trend reversals for Acutus MedicalInc 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 Acutus MedicalInc price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Acutus MedicalInc Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Acutus MedicalInc applied against its price change over selected period. The best fit line has a slop of 0.0006 , which may suggest that Acutus MedicalInc market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.02, which is the sum of squared deviations for the predicted Acutus MedicalInc price change compared to its average price change.About Acutus MedicalInc 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 Acutus MedicalInc 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 Acutus MedicalInc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Acutus MedicalInc price pattern first instead of the macroeconomic environment surrounding Acutus MedicalInc. By analyzing Acutus MedicalInc'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 Acutus MedicalInc'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 Acutus MedicalInc specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 4.38 | 6.76 | 3.73 | 3.18 | Days Of Inventory On Hand | 181.9 | 152.44 | 151.58 | 231.41 |
Acutus MedicalInc April 24, 2024 Technical Indicators
Most technical analysis of Acutus 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 Acutus from various momentum indicators to cycle indicators. When you analyze Acutus 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.
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| Risk Adjusted Performance | 0.035 | |||
| Market Risk Adjusted Performance | 0.6295 | |||
| Mean Deviation | 6.32 | |||
| Semi Deviation | 7.14 | |||
| Downside Deviation | 10.49 | |||
| Coefficient Of Variation | 2433.69 | |||
| Standard Deviation | 10.64 | |||
| Variance | 113.14 | |||
| Information Ratio | 0.0321 | |||
| Jensen Alpha | 0.3682 | |||
| Total Risk Alpha | (1.03) | |||
| Sortino Ratio | 0.0326 | |||
| Treynor Ratio | 0.6195 | |||
| Maximum Drawdown | 67.83 | |||
| Value At Risk | (11.11) | |||
| Potential Upside | 20.0 | |||
| Downside Variance | 109.99 | |||
| Semi Variance | 51.04 | |||
| Expected Short fall | (12.03) | |||
| Skewness | 1.33 | |||
| Kurtosis | 5.43 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acutus MedicalInc. 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 information on how to trade Acutus Stock refer to our How to Trade Acutus Stock guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Acutus Stock analysis
When running Acutus MedicalInc's price analysis, check to measure Acutus MedicalInc'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 Acutus MedicalInc is operating at the current time. Most of Acutus MedicalInc's value examination focuses on studying past and present price action to predict the probability of Acutus MedicalInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acutus MedicalInc's price. Additionally, you may evaluate how the addition of Acutus MedicalInc to your portfolios can decrease your overall portfolio volatility.
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Is Acutus MedicalInc'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 Acutus MedicalInc. If investors know Acutus 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 Acutus MedicalInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.41) | Revenue Per Share 0.246 | Quarterly Revenue Growth 0.437 | Return On Assets (0.14) | Return On Equity (0.32) |
The market value of Acutus MedicalInc is measured differently than its book value, which is the value of Acutus that is recorded on the company's balance sheet. Investors also form their own opinion of Acutus MedicalInc's value that differs from its market value or its book value, called intrinsic value, which is Acutus MedicalInc'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 Acutus MedicalInc's market value can be influenced by many factors that don't directly affect Acutus MedicalInc'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 Acutus MedicalInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Acutus MedicalInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acutus MedicalInc'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.