Amdocs Stock Technical Analysis
DOX Stock | USD 90.37 0.47 0.52% |
As of the 29th of March, Amdocs shows the risk adjusted performance of 0.0389, and Mean Deviation of 0.7487. Amdocs 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 and interpolate data for nineteen technical drivers for Amdocs, which can be compared to its rivals. Please confirm Amdocs market risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Amdocs is priced correctly, providing market reflects its regular price of 90.37 per share. Given that Amdocs has jensen alpha of (0.09), we suggest you to validate Amdocs's prevailing market performance to make sure the company can sustain itself at a future point.
Amdocs Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Amdocs, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AmdocsAmdocs |
Amdocs 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.
Amdocs 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 Amdocs volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Amdocs Trend Analysis
Use this graph to draw trend lines for Amdocs. You can use it to identify possible trend reversals for Amdocs 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 Amdocs price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Amdocs Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Amdocs applied against its price change over selected period. The best fit line has a slop of 0.03 , which may imply that Amdocs will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 31.14, which is the sum of squared deviations for the predicted Amdocs price change compared to its average price change.About Amdocs 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 Amdocs 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 Amdocs based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Amdocs price pattern first instead of the macroeconomic environment surrounding Amdocs. By analyzing Amdocs'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 Amdocs'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 Amdocs specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Price To Sales Ratio | 2.1 | 2.03 | 2.34 | 3.4 | Price Earnings Ratio | 17.5 | 18.38 | 21.14 | 20.09 |
Amdocs March 29, 2024 Technical Indicators
Most technical analysis of Amdocs 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 Amdocs from various momentum indicators to cycle indicators. When you analyze Amdocs 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 | 0.0389 | |||
Market Risk Adjusted Performance | 0.0548 | |||
Mean Deviation | 0.7487 | |||
Semi Deviation | 0.9847 | |||
Downside Deviation | 1.09 | |||
Coefficient Of Variation | 1609.5 | |||
Standard Deviation | 0.9942 | |||
Variance | 0.9884 | |||
Information Ratio | (0.07) | |||
Jensen Alpha | (0.09) | |||
Total Risk Alpha | (0.17) | |||
Sortino Ratio | (0.07) | |||
Treynor Ratio | 0.0448 | |||
Maximum Drawdown | 5.66 | |||
Value At Risk | (1.61) | |||
Potential Upside | 1.58 | |||
Downside Variance | 1.19 | |||
Semi Variance | 0.9697 | |||
Expected Short fall | (0.75) | |||
Skewness | (0.09) | |||
Kurtosis | 0.9207 |
Amdocs March 29, 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 Amdocs 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.
Accumulation Distribution | 3,608 | ||
Daily Balance Of Power | 0.59 | ||
Rate Of Daily Change | 1.01 | ||
Day Median Price | 90.17 | ||
Day Typical Price | 90.24 | ||
Price Action Indicator | 0.44 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Amdocs. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Amdocs Stock please use our How to Invest in Amdocs guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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When running Amdocs' price analysis, check to measure Amdocs' 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 Amdocs is operating at the current time. Most of Amdocs' value examination focuses on studying past and present price action to predict the probability of Amdocs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amdocs' price. Additionally, you may evaluate how the addition of Amdocs to your portfolios can decrease your overall portfolio volatility.
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Is Amdocs' 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 Amdocs. If investors know Amdocs 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 Amdocs 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 Amdocs is measured differently than its book value, which is the value of Amdocs that is recorded on the company's balance sheet. Investors also form their own opinion of Amdocs' value that differs from its market value or its book value, called intrinsic value, which is Amdocs' 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 Amdocs' market value can be influenced by many factors that don't directly affect Amdocs' 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 Amdocs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Amdocs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amdocs' 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.