Aveanna Healthcare Holdings Stock Technical Analysis

AVAH Stock  USD 2.23  0.05  2.19%   
As of the 22nd of February, Aveanna Healthcare shows the risk adjusted performance of 0.0532, and Mean Deviation of 3.92. Aveanna Healthcare 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 nineteen technical drivers for Aveanna Healthcare Holdings, which can be compared to its rivals. Please confirm Aveanna Healthcare downside deviation, treynor ratio, expected short fall, as well as the relationship between the variance and potential upside to decide if Aveanna Healthcare is priced correctly, providing market reflects its regular price of 2.23 per share. Please also double-check Aveanna Healthcare Holdings total risk alpha, which is currently at (0.78) to validate the company can sustain itself at a future point.

Aveanna Healthcare Momentum Analysis

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

Aveanna Healthcare Analyst Consensus

Target PriceAdvice# of Analysts
1.9Hold8Odds
Aveanna Healthcare Holdings current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Aveanna 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 Aveanna stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Aveanna Healthcare, talking to its executives and customers, or listening to Aveanna conference calls.
Aveanna Analyst Advice Details
Aveanna Healthcare 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 Aveanna Healthcare technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Aveanna Healthcare 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...

Aveanna Healthcare Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 Aveanna Healthcare volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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Aveanna Healthcare Trend Analysis

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

Aveanna Healthcare Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Aveanna Healthcare Holdings applied against its price change over selected period. The best fit line has a slop of   0.0044  , which may suggest that Aveanna Healthcare Holdings market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.74, which is the sum of squared deviations for the predicted Aveanna Healthcare price change compared to its average price change.

About Aveanna Healthcare 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 Aveanna Healthcare 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 Aveanna Healthcare Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Aveanna Healthcare price pattern first instead of the macroeconomic environment surrounding Aveanna Healthcare. By analyzing Aveanna Healthcare'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 Aveanna Healthcare'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 Aveanna Healthcare specific price patterns or momentum indicators. Please read more on our technical analysis page.

Aveanna Healthcare February 22, 2024 Technical Indicators

Most technical analysis of Aveanna 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 Aveanna from various momentum indicators to cycle indicators. When you analyze Aveanna 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.

Aveanna Healthcare February 22, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Aveanna stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Aveanna Healthcare offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aveanna Healthcare'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 Aveanna Healthcare Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aveanna Healthcare Holdings Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aveanna Healthcare 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 nation.
Note that the Aveanna Healthcare information on this page should be used as a complementary analysis to other Aveanna Healthcare'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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for Aveanna Stock analysis

When running Aveanna Healthcare's price analysis, check to measure Aveanna Healthcare'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 Aveanna Healthcare is operating at the current time. Most of Aveanna Healthcare's value examination focuses on studying past and present price action to predict the probability of Aveanna Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aveanna Healthcare's price. Additionally, you may evaluate how the addition of Aveanna Healthcare to your portfolios can decrease your overall portfolio volatility.
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Is Aveanna Healthcare'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 Aveanna Healthcare. If investors know Aveanna 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 Aveanna Healthcare 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
12
Earnings Share
(1.85)
Revenue Per Share
9.892
Quarterly Revenue Growth
0.079
Return On Assets
0.0343
The market value of Aveanna Healthcare is measured differently than its book value, which is the value of Aveanna that is recorded on the company's balance sheet. Investors also form their own opinion of Aveanna Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Aveanna Healthcare'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 Aveanna Healthcare's market value can be influenced by many factors that don't directly affect Aveanna Healthcare'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 Aveanna Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aveanna Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aveanna Healthcare'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.