Galapagos Nv Adr Stock Technical Analysis

GLPG Stock  USD 32.95  0.24  0.73%   
As of the 28th of March, Galapagos retains the Risk Adjusted Performance of (0.08), market risk adjusted performance of (0.33), and Standard Deviation of 1.64. Galapagos 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 interpolate data for thirteen technical drivers for Galapagos NV ADR, which can be compared to its competitors. Please check out Galapagos NV ADR standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and kurtosis to decide if Galapagos is priced fairly, providing market reflects its last-minute price of 32.95 per share. Given that Galapagos NV ADR has information ratio of (0.23), we strongly advise you to confirm Galapagos NV ADR's regular market performance to make sure the company can sustain itself at a future point.

Galapagos Momentum Analysis

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

Galapagos Analyst Consensus

Target PriceAdvice# of Analysts
46.89Buy7Odds
Galapagos NV ADR current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Galapagos 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 Galapagos stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Galapagos NV ADR, talking to its executives and customers, or listening to Galapagos conference calls.
Galapagos Analyst Advice Details
Galapagos 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 Galapagos technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Galapagos 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...

Galapagos NV ADR Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Galapagos NV ADR volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Galapagos NV ADR Trend Analysis

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

Galapagos Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Galapagos NV ADR applied against its price change over selected period. The best fit line has a slop of   0.14  , which may suggest that Galapagos NV ADR market price will keep on failing further. It has 122 observation points and a regression sum of squares at 695.0, which is the sum of squared deviations for the predicted Galapagos price change compared to its average price change.

About Galapagos 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 Galapagos NV ADR 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 Galapagos NV ADR based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Galapagos NV ADR price pattern first instead of the macroeconomic environment surrounding Galapagos NV ADR. By analyzing Galapagos'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 Galapagos'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 Galapagos specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 (projected)
Price Book Value Ratio1.211.081.24
Price To Sales Ratio6.585.4110.12

Galapagos March 28, 2024 Technical Indicators

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

Galapagos March 28, 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 Galapagos 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 Galapagos NV ADR is a strong investment it is important to analyze Galapagos' 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 Galapagos' future performance. For an informed investment choice regarding Galapagos Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galapagos NV ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Complementary Tools for Galapagos Stock analysis

When running Galapagos' price analysis, check to measure Galapagos' 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 Galapagos is operating at the current time. Most of Galapagos' value examination focuses on studying past and present price action to predict the probability of Galapagos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Galapagos' price. Additionally, you may evaluate how the addition of Galapagos to your portfolios can decrease your overall portfolio volatility.
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Global Correlations
Find global opportunities by holding instruments from different markets
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Is Galapagos' 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 Galapagos. If investors know Galapagos 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 Galapagos 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
0.19
Earnings Share
(2.54)
Revenue Per Share
0.1818
Quarterly Revenue Growth
(0.12)
Return On Assets
(0.01)
The market value of Galapagos NV ADR is measured differently than its book value, which is the value of Galapagos that is recorded on the company's balance sheet. Investors also form their own opinion of Galapagos' value that differs from its market value or its book value, called intrinsic value, which is Galapagos' 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 Galapagos' market value can be influenced by many factors that don't directly affect Galapagos' 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 Galapagos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Galapagos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Galapagos' 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.