Apollo Medical Holdings Stock Technical Analysis

AMEH Stock  USD 40.82  0.88  2.11%   
As of the 24th of February, Apollo Medical shows the Downside Deviation of 2.1, risk adjusted performance of 0.088, and Mean Deviation of 2.14. Apollo Medical Holdings 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 analyze and collect data for nineteen technical drivers for Apollo Medical Holdings, which can be compared to its rivals. Please confirm Apollo Medical Holdings maximum drawdown, and the relationship between the information ratio and downside variance to decide if Apollo Medical Holdings is priced correctly, providing market reflects its regular price of 40.82 per share. Given that Apollo Medical has jensen alpha of (0.11), we suggest you to validate Apollo Medical Holdings's prevailing market performance to make sure the company can sustain itself at a future point.

Apollo Medical Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Apollo, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Apollo
  
Apollo Medical'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.
Apollo Medical 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 Apollo Medical technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Apollo Medical 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...

Apollo Medical Holdings Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was fifteen with a total number of output elements of fourty-six. 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 Apollo Medical Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.
.

Apollo Medical Holdings Trend Analysis

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

Apollo Medical Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Apollo Medical Holdings applied against its price change over selected period. The best fit line has a slop of   0.06  , which means Apollo Medical Holdings will continue generating value for investors. It has 122 observation points and a regression sum of squares at 155.97, which is the sum of squared deviations for the predicted Apollo Medical price change compared to its average price change.

About Apollo Medical 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 Apollo Medical Holdings 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 Apollo Medical Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Apollo Medical Holdings price pattern first instead of the macroeconomic environment surrounding Apollo Medical Holdings. By analyzing Apollo Medical'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 Apollo Medical'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 Apollo Medical specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 (projected)
Long Term Debt to Equity0.40.370.33
Interest Coverage25.6817.5415.79

Apollo Medical February 24, 2024 Technical Indicators

Most technical analysis of Apollo 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 Apollo from various momentum indicators to cycle indicators. When you analyze Apollo 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 Apollo Medical Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Apollo 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 Apollo Medical Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Apollo Medical Holdings Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apollo Medical Holdings. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Apollo Medical Holdings information on this page should be used as a complementary analysis to other Apollo Medical'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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Complementary Tools for Apollo Stock analysis

When running Apollo Medical's price analysis, check to measure Apollo 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 Apollo Medical is operating at the current time. Most of Apollo Medical's value examination focuses on studying past and present price action to predict the probability of Apollo 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 Apollo Medical's price. Additionally, you may evaluate how the addition of Apollo Medical to your portfolios can decrease your overall portfolio volatility.
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Share Portfolio
Track or share privately all of your investments from the convenience of any device
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Is Apollo 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 Apollo Medical. If investors know Apollo 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 Apollo Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Apollo Medical Holdings is measured differently than its book value, which is the value of Apollo that is recorded on the company's balance sheet. Investors also form their own opinion of Apollo Medical's value that differs from its market value or its book value, called intrinsic value, which is Apollo 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 Apollo Medical's market value can be influenced by many factors that don't directly affect Apollo 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 Apollo Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Apollo Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apollo 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.