Revance Stock Technical Analysis
| RVNC Stock | USD 3.57 0.09 2.46% |
As of the 25th of April, Revance holds the Coefficient Of Variation of (1,211), risk adjusted performance of (0.04), and Variance of 35.37. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Revance, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Revance, which can be compared to its competitors. Please check Revance standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if Revance is priced some-what accurately, providing market reflects its current price of 3.57 per share. Given that Revance has information ratio of (0.1), we recommend you to check out Revance's recent market performance to make sure the company can sustain itself at a future point.
Revance Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Revance, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to RevanceRevance |
Revance Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 36.55 | Buy | 12 | Odds |
Most Revance 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 Revance stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Revance, talking to its executives and customers, or listening to Revance conference calls.
Revance 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.
Revance Technical Analysis
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 Revance volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Revance Trend Analysis
Use this graph to draw trend lines for Revance. You can use it to identify possible trend reversals for Revance 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 Revance price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Revance Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Revance applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that Revance market price will keep on failing further. It has 122 observation points and a regression sum of squares at 45.94, which is the sum of squared deviations for the predicted Revance price change compared to its average price change.About Revance 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 Revance 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 Revance based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Revance price pattern first instead of the macroeconomic environment surrounding Revance. By analyzing Revance'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 Revance'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 Revance specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2023 | 2024 (projected) | Dividend Yield | 0.004839 | 0.005565 | 0.005287 | Price To Sales Ratio | 14.16 | 3.18 | 3.02 |
Revance April 25, 2024 Technical Indicators
Most technical analysis of Revance 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 Revance from various momentum indicators to cycle indicators. When you analyze Revance 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 | (0.04) | |||
| Market Risk Adjusted Performance | (0.13) | |||
| Mean Deviation | 4.04 | |||
| Coefficient Of Variation | (1,211) | |||
| Standard Deviation | 5.95 | |||
| Variance | 35.37 | |||
| Information Ratio | (0.1) | |||
| Jensen Alpha | (0.82) | |||
| Total Risk Alpha | (1.31) | |||
| Treynor Ratio | (0.14) | |||
| Maximum Drawdown | 39.19 | |||
| Value At Risk | (9.12) | |||
| Potential Upside | 7.08 | |||
| Skewness | 1.48 | |||
| Kurtosis | 5.78 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Revance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Revance Stock refer to our How to Trade Revance Stock guide.You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Revance Stock analysis
When running Revance's price analysis, check to measure Revance'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 Revance is operating at the current time. Most of Revance's value examination focuses on studying past and present price action to predict the probability of Revance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Revance's price. Additionally, you may evaluate how the addition of Revance to your portfolios can decrease your overall portfolio volatility.
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Is Revance'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 Revance. If investors know Revance 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 Revance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.83) | Revenue Per Share 2.766 | Quarterly Revenue Growth 0.398 | Return On Assets (0.26) | Return On Equity (20.97) |
The market value of Revance is measured differently than its book value, which is the value of Revance that is recorded on the company's balance sheet. Investors also form their own opinion of Revance's value that differs from its market value or its book value, called intrinsic value, which is Revance'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 Revance's market value can be influenced by many factors that don't directly affect Revance'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 Revance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Revance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Revance'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.