Gilead Sciences (Brazil) Technical Analysis
| GILD34 Stock | BRL 173.25 0.95 0.55% |
As of the 23rd of April, Gilead Sciences retains the Market Risk Adjusted Performance of 4.4, risk adjusted performance of (0.13), and Standard Deviation of 1.36. Gilead Sciences technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze thirteen technical drivers for Gilead Sciences, which can be compared to its competitors. Please check out Gilead Sciences treynor ratio, value at risk, and the relationship between the information ratio and maximum drawdown to decide if Gilead Sciences is priced fairly, providing market reflects its last-minute price of 173.25 per share.
Gilead Sciences Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Gilead, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GileadGilead |
Gilead Sciences 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.
Gilead Sciences Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-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 Gilead Sciences volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Gilead Sciences Trend Analysis
Use this graph to draw trend lines for Gilead Sciences. You can use it to identify possible trend reversals for Gilead Sciences 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 Gilead Sciences price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Gilead Sciences Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Gilead Sciences applied against its price change over selected period. The best fit line has a slop of 0.23 , which may suggest that Gilead Sciences market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2085.68, which is the sum of squared deviations for the predicted Gilead Sciences price change compared to its average price change.About Gilead Sciences 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 Gilead Sciences 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 Gilead Sciences based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Gilead Sciences price pattern first instead of the macroeconomic environment surrounding Gilead Sciences. By analyzing Gilead Sciences'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 Gilead Sciences'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 Gilead Sciences specific price patterns or momentum indicators. Please read more on our technical analysis page.
Gilead Sciences April 23, 2024 Technical Indicators
Most technical analysis of Gilead 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 Gilead from various momentum indicators to cycle indicators. When you analyze Gilead 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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| Volume Indicators |
| Risk Adjusted Performance | (0.13) | |||
| Market Risk Adjusted Performance | 4.4 | |||
| Mean Deviation | 0.8046 | |||
| Coefficient Of Variation | (467.46) | |||
| Standard Deviation | 1.36 | |||
| Variance | 1.84 | |||
| Information Ratio | (0.28) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | 4.39 | |||
| Maximum Drawdown | 8.38 | |||
| Value At Risk | (1.64) | |||
| Potential Upside | 0.7241 | |||
| Skewness | (2.94) | |||
| Kurtosis | 14.48 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gilead Sciences. 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. For information on how to trade Gilead Stock refer to our How to Trade Gilead Stock guide.Note that the Gilead Sciences information on this page should be used as a complementary analysis to other Gilead Sciences' 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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for Gilead Stock analysis
When running Gilead Sciences' price analysis, check to measure Gilead Sciences' 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 Gilead Sciences is operating at the current time. Most of Gilead Sciences' value examination focuses on studying past and present price action to predict the probability of Gilead Sciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gilead Sciences' price. Additionally, you may evaluate how the addition of Gilead Sciences to your portfolios can decrease your overall portfolio volatility.
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