Audiocodes Stock Technical Analysis
| AUDC Stock | USD 10.42 0.30 2.80% |
As of the 23rd of April, AudioCodes shows the mean deviation of 1.93, and Risk Adjusted Performance of (0.01). AudioCodes technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down thirteen technical drivers for AudioCodes, which can be compared to its peers. Please confirm AudioCodes standard deviation, as well as the relationship between the treynor ratio and potential upside to decide if AudioCodes is priced correctly, providing market reflects its regular price of 10.42 per share. Given that AudioCodes has information ratio of (0.06), we suggest you to validate AudioCodes's prevailing market performance to make sure the company can sustain itself at a future point.
AudioCodes Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as AudioCodes, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AudioCodesAudioCodes |
AudioCodes Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 13.75 | Hold | 3 | Odds |
Most AudioCodes 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 AudioCodes stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of AudioCodes, talking to its executives and customers, or listening to AudioCodes conference calls.
AudioCodes 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.
AudioCodes Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 AudioCodes volatility. High ATR values indicate high volatility, and low values indicate low volatility.
AudioCodes Trend Analysis
Use this graph to draw trend lines for AudioCodes. You can use it to identify possible trend reversals for AudioCodes 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 AudioCodes price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.AudioCodes Best Fit Change Line
The following chart estimates an ordinary least squares regression model for AudioCodes applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that AudioCodes market price will keep on failing further. It has 122 observation points and a regression sum of squares at 12.56, which is the sum of squared deviations for the predicted AudioCodes price change compared to its average price change.About AudioCodes 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 AudioCodes 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 AudioCodes based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on AudioCodes price pattern first instead of the macroeconomic environment surrounding AudioCodes. By analyzing AudioCodes'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 AudioCodes'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 AudioCodes specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.009563 | 0.0203 | 0.0307 | 0.0322 | Price To Sales Ratio | 4.56 | 2.07 | 1.52 | 1.44 |
AudioCodes April 23, 2024 Technical Indicators
Most technical analysis of AudioCodes 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 AudioCodes from various momentum indicators to cycle indicators. When you analyze AudioCodes 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 | (0.01) | |||
| Market Risk Adjusted Performance | (0.04) | |||
| Mean Deviation | 1.93 | |||
| Coefficient Of Variation | (3,154) | |||
| Standard Deviation | 2.81 | |||
| Variance | 7.9 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | (0.05) | |||
| Maximum Drawdown | 18.95 | |||
| Value At Risk | (3.68) | |||
| Potential Upside | 3.38 | |||
| Skewness | 2.06 | |||
| Kurtosis | 9.35 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AudioCodes. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade AudioCodes Stock refer to our How to Trade AudioCodes Stock guide.Note that the AudioCodes information on this page should be used as a complementary analysis to other AudioCodes' 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 AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for AudioCodes Stock analysis
When running AudioCodes' price analysis, check to measure AudioCodes' 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 AudioCodes is operating at the current time. Most of AudioCodes' value examination focuses on studying past and present price action to predict the probability of AudioCodes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AudioCodes' price. Additionally, you may evaluate how the addition of AudioCodes to your portfolios can decrease your overall portfolio volatility.
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |
Is AudioCodes' 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 AudioCodes. If investors know AudioCodes 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 AudioCodes 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 (0.50) | Dividend Share 0.36 | Earnings Share 0.28 | Revenue Per Share 7.783 | Quarterly Revenue Growth (0.10) |
The market value of AudioCodes is measured differently than its book value, which is the value of AudioCodes that is recorded on the company's balance sheet. Investors also form their own opinion of AudioCodes' value that differs from its market value or its book value, called intrinsic value, which is AudioCodes' 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 AudioCodes' market value can be influenced by many factors that don't directly affect AudioCodes' 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 AudioCodes' value and its price as these two are different measures arrived at by different means. Investors typically determine if AudioCodes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AudioCodes' 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.