Apyx Medical Stock Technical Analysis
| APYX Stock | USD 1.38 0.06 4.55% |
As of the 19th of April, Apyx Medical shows the Mean Deviation of 5.08, risk adjusted performance of (0.02), and Standard Deviation of 6.8. Apyx Medical 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 analyzed and interpolated thirteen technical drivers for Apyx Medical, which can be compared to its peers. Please confirm Apyx Medical market risk adjusted performance and treynor ratio to decide if Apyx Medical is priced correctly, providing market reflects its regular price of 1.38 per share. Given that Apyx Medical is a hitting penny stock territory we recommend to closely look at its jensen alpha.
Apyx 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 Apyx, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ApyxApyx |
Apyx Medical Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 7.88 | Strong Buy | 5 | Odds |
Most Apyx 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 Apyx stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Apyx Medical, talking to its executives and customers, or listening to Apyx conference calls.
Apyx 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.
Apyx Medical Technical Analysis
The output start index for this execution was fifty with a total number of output elements of eleven. 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 Apyx Medical volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Apyx Medical Trend Analysis
Use this graph to draw trend lines for Apyx Medical. You can use it to identify possible trend reversals for Apyx 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 Apyx Medical price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Apyx Medical Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Apyx Medical applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that Apyx Medical market price will keep on failing further. It has 122 observation points and a regression sum of squares at 19.72, which is the sum of squared deviations for the predicted Apyx Medical price change compared to its average price change.About Apyx 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 Apyx Medical 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 Apyx Medical based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Apyx Medical price pattern first instead of the macroeconomic environment surrounding Apyx Medical. By analyzing Apyx 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 Apyx 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 Apyx Medical specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 159.21 | 149.62 | 97.98 | 102.88 | PTB Ratio | 8.2 | 2.15 | 3.4 | 3.23 |
Apyx Medical April 19, 2024 Technical Indicators
Most technical analysis of Apyx 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 Apyx from various momentum indicators to cycle indicators. When you analyze Apyx 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 | (0.02) | |||
| Market Risk Adjusted Performance | (0.17) | |||
| Mean Deviation | 5.08 | |||
| Coefficient Of Variation | (2,236) | |||
| Standard Deviation | 6.8 | |||
| Variance | 46.27 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (0.96) | |||
| Treynor Ratio | (0.18) | |||
| Maximum Drawdown | 45.17 | |||
| Value At Risk | (10.43) | |||
| Potential Upside | 8.81 | |||
| Skewness | (0.90) | |||
| Kurtosis | 3.59 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Apyx Medical. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. For more information on how to buy Apyx Stock please use our How to Invest in Apyx Medical guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Apyx Stock analysis
When running Apyx Medical's price analysis, check to measure Apyx 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 Apyx Medical is operating at the current time. Most of Apyx Medical's value examination focuses on studying past and present price action to predict the probability of Apyx 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 Apyx Medical's price. Additionally, you may evaluate how the addition of Apyx Medical to your portfolios can decrease your overall portfolio volatility.
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Is Apyx 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 Apyx Medical. If investors know Apyx 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 Apyx Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.54) | Revenue Per Share 1.512 | Quarterly Revenue Growth 0.163 | Return On Assets (0.19) | Return On Equity (0.58) |
The market value of Apyx Medical is measured differently than its book value, which is the value of Apyx that is recorded on the company's balance sheet. Investors also form their own opinion of Apyx Medical's value that differs from its market value or its book value, called intrinsic value, which is Apyx 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 Apyx Medical's market value can be influenced by many factors that don't directly affect Apyx 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 Apyx Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Apyx Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apyx 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.