Varian Stock Technical Analysis

VAR Stock  USD 177.07  0.00  0.00%   
As of the 2nd of February, Varian Medical has the Risk Adjusted Performance of 0.0317, standard deviation of 0.1205, and Downside Deviation of 0.1074. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Varian Medical Systems, 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 analyze eighteen technical drivers for Varian Medical Systems, which can be compared to its competition. Please validate Varian Medical Systems treynor ratio and semi variance to decide if Varian Medical is priced more or less accurately, providing market reflects its prevalent price of 177.07 per share. Given that Varian Medical Systems has treynor ratio of 0.8353, we advise you to double-check Varian Medical Systems's current market performance to make sure the company can sustain itself at a future point.

Varian Medical Momentum Analysis

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

Varian Medical Analyst Consensus

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

Varian Medical Systems Technical Analysis

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Varian Medical Systems Trend Analysis

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

Varian Medical Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Varian Medical Systems applied against its price change over selected period. The best fit line has a slop of   0.024979  , which may imply that Varian Medical Systems will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 23.6, which is the sum of squared deviations for the predicted Varian Medical price change compared to its average price change.

About Varian Medical 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 Varian Medical Systems 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 Varian Medical Systems based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Varian Medical Systems price pattern first instead of the macroeconomic environment surrounding Varian Medical Systems. By analyzing Varian Medical'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 Varian Medical'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 Varian Medical specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2011 2022 2023 (projected)
Long Term Debt to Equity0.20.150.13
Interest Coverage89.78103.24105.96

Varian Medical February 2, 2023 Technical Indicators

Most technical analysis of Varian 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 Varian from various momentum indicators to cycle indicators. When you analyze Varian 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.
Also, please take a look at World Market Map. Note that the Varian Medical Systems information on this page should be used as a complementary analysis to other Varian Medical's 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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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When running Varian Medical Systems price analysis, check to measure Varian Medical'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 Varian Medical is operating at the current time. Most of Varian Medical's value examination focuses on studying past and present price action to predict the probability of Varian Medical's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Varian Medical's price. Additionally, you may evaluate how the addition of Varian Medical to your portfolios can decrease your overall portfolio volatility.
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Is Varian Medical'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 Varian Medical. If investors know Varian 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 Varian Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Varian Medical Systems is measured differently than its book value, which is the value of Varian that is recorded on the company's balance sheet. Investors also form their own opinion of Varian Medical's value that differs from its market value or its book value, called intrinsic value, which is Varian Medical'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 Varian Medical's market value can be influenced by many factors that don't directly affect Varian Medical'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 Varian Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine Varian Medical value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Varian Medical'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.