Surgery Partners Stock Technical Analysis

SGRY Stock  USD 32.89  0.84  2.49%   
As of the 22nd of February, Surgery Partners has the Risk Adjusted Performance of 0.0353, coefficient of variation of 2285.41, and Semi Deviation of 2.46. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Surgery Partners, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Surgery Partners, which can be compared to its competition. Please validate Surgery Partners information ratio and downside variance to decide if Surgery Partners is priced more or less accurately, providing market reflects its prevalent price of 32.89 per share. Given that Surgery Partners has jensen alpha of (0.33), we advise you to double-check Surgery Partners's current market performance to make sure the company can sustain itself at a future point.

Surgery Partners Momentum Analysis

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

Surgery Partners Analyst Consensus

Target PriceAdvice# of Analysts
46.78Strong Buy10Odds
Surgery Partners current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Surgery 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 Surgery stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Surgery Partners, talking to its executives and customers, or listening to Surgery conference calls.
Surgery Analyst Advice Details
Surgery Partners 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 Surgery Partners technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Surgery Partners 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...

Surgery Partners Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was fourty-five with a total number of output elements of sixteen. 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 Surgery Partners volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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Surgery Partners Trend Analysis

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

Surgery Partners Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Surgery Partners applied against its price change over selected period. The best fit line has a slop of   0.0005  , which may suggest that Surgery Partners market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.01, which is the sum of squared deviations for the predicted Surgery Partners price change compared to its average price change.

About Surgery Partners 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 Surgery Partners 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 Surgery Partners based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Surgery Partners price pattern first instead of the macroeconomic environment surrounding Surgery Partners. By analyzing Surgery Partners'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 Surgery Partners'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 Surgery Partners specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Long Term Debt to Equity2.641.281.471.51
Interest Coverage1.331.461.681.66

Surgery Partners February 22, 2024 Technical Indicators

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

Surgery Partners 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 Surgery 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 Surgery Partners offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Surgery Partners' 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 Surgery Partners Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Surgery Partners Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Surgery Partners. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy Surgery Stock please use our How to Invest in Surgery Partners 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 Surgery Partners' price analysis, check to measure Surgery Partners' 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 Surgery Partners is operating at the current time. Most of Surgery Partners' value examination focuses on studying past and present price action to predict the probability of Surgery Partners' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Surgery Partners' price. Additionally, you may evaluate how the addition of Surgery Partners to your portfolios can decrease your overall portfolio volatility.
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Is Surgery Partners' 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 Surgery Partners. If investors know Surgery 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 Surgery Partners listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.33)
Revenue Per Share
22.688
Quarterly Revenue Growth
0.086
Return On Assets
0.0372
Return On Equity
0.0388
The market value of Surgery Partners is measured differently than its book value, which is the value of Surgery that is recorded on the company's balance sheet. Investors also form their own opinion of Surgery Partners' value that differs from its market value or its book value, called intrinsic value, which is Surgery Partners' 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 Surgery Partners' market value can be influenced by many factors that don't directly affect Surgery Partners' 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 Surgery Partners' value and its price as these two are different measures arrived at by different means. Investors typically determine if Surgery Partners is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Surgery Partners' 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.