Daxor Stock Technical Analysis

DXR Stock  USD 9.80  0.00  0.00%   
As of the 10th of May, Daxor shows the Downside Deviation of 3.18, mean deviation of 2.16, and Coefficient Of Variation of 1040.12. Daxor technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes 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 nineteen technical drivers for Daxor, which can be compared to its peers. Please confirm Daxor jensen alpha and semi variance to decide if Daxor is priced favorably, providing market reflects its regular price of 9.8 per share. Given that Daxor has jensen alpha of 0.2815, we urge you to verify Daxor's prevailing market performance to make sure the company can sustain itself at a future point.

Daxor Momentum Analysis

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

Daxor Analyst Consensus

Target PriceAdvice# of Analysts
23.0Strong Buy2Odds
Daxor current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Daxor 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 Daxor stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Daxor, talking to its executives and customers, or listening to Daxor conference calls.
Daxor Analyst Advice Details
Daxor 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 Daxor technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Daxor 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...

Daxor Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Daxor volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Daxor Trend Analysis

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

Daxor Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Daxor applied against its price change over selected period. The best fit line has a slop of   0.03  , which may imply that Daxor will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 46.25, which is the sum of squared deviations for the predicted Daxor price change compared to its average price change.

About Daxor 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 Daxor 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 Daxor based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Daxor price pattern first instead of the macroeconomic environment surrounding Daxor. By analyzing Daxor'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 Daxor'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 Daxor specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
PTB Ratio1.311.33
Dividend Yield0.0078050.007415

Daxor May 10, 2024 Technical Indicators

Most technical analysis of Daxor 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 Daxor from various momentum indicators to cycle indicators. When you analyze Daxor 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 Daxor is a strong investment it is important to analyze Daxor's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Daxor's future performance. For an informed investment choice regarding Daxor Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Daxor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
To learn how to invest in Daxor Stock, please use our How to Invest in Daxor guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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When running Daxor's price analysis, check to measure Daxor'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 Daxor is operating at the current time. Most of Daxor's value examination focuses on studying past and present price action to predict the probability of Daxor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daxor's price. Additionally, you may evaluate how the addition of Daxor to your portfolios can decrease your overall portfolio volatility.
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Is Daxor'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 Daxor. If investors know Daxor 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 Daxor 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
(0.58)
Earnings Share
0.14
Revenue Per Share
0.034
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.02)
The market value of Daxor is measured differently than its book value, which is the value of Daxor that is recorded on the company's balance sheet. Investors also form their own opinion of Daxor's value that differs from its market value or its book value, called intrinsic value, which is Daxor'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 Daxor's market value can be influenced by many factors that don't directly affect Daxor'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 Daxor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Daxor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Daxor'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.