Davita Healthcare Partners Stock Technical Analysis
DVA Stock | USD 138.05 1.20 0.88% |
As of the 29th of March, DaVita HealthCare shows the Downside Deviation of 1.34, market risk adjusted performance of 0.4518, and Mean Deviation of 1.27. DaVita HealthCare technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes 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 interpolate and analyze data for nineteen technical drivers for DaVita HealthCare Partners, which can be compared to its rivals. Please confirm DaVita HealthCare maximum drawdown, as well as the relationship between the downside variance and skewness to decide if DaVita HealthCare is priced more or less accurately, providing market reflects its regular price of 138.05 per share. Given that DaVita HealthCare has jensen alpha of 0.3106, we urge you to verify DaVita HealthCare Partners's prevailing market performance to make sure the company can sustain itself next year.
DaVita HealthCare Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as DaVita, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to DaVitaDaVita |
DaVita HealthCare Analyst Consensus
Target Price | Advice | # of Analysts | |
113.0 | Hold | 8 | Odds |
Most DaVita 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 DaVita stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of DaVita HealthCare, talking to its executives and customers, or listening to DaVita conference calls.
DaVita HealthCare 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.
DaVita HealthCare 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 DaVita HealthCare volatility. High ATR values indicate high volatility, and low values indicate low volatility.
DaVita HealthCare Trend Analysis
Use this graph to draw trend lines for DaVita HealthCare Partners. You can use it to identify possible trend reversals for DaVita HealthCare 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 DaVita HealthCare price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.DaVita HealthCare Best Fit Change Line
The following chart estimates an ordinary least squares regression model for DaVita HealthCare Partners applied against its price change over selected period. The best fit line has a slop of 0.67 , which may imply that DaVita HealthCare Partners will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 16933.47, which is the sum of squared deviations for the predicted DaVita HealthCare price change compared to its average price change.About DaVita HealthCare 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 DaVita HealthCare 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 DaVita HealthCare Partners based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on DaVita HealthCare price pattern first instead of the macroeconomic environment surrounding DaVita HealthCare. By analyzing DaVita HealthCare'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 DaVita HealthCare'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 DaVita HealthCare specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Price Earnings Ratio | 12.23 | 9.04 | 13.75 | 14.44 | Short Term Coverage Ratios | 3.37 | 2.5 | 3.99 | 3.79 |
DaVita HealthCare March 29, 2024 Technical Indicators
Most technical analysis of DaVita 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 DaVita from various momentum indicators to cycle indicators. When you analyze DaVita 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 | 0.135 | |||
Market Risk Adjusted Performance | 0.4518 | |||
Mean Deviation | 1.27 | |||
Semi Deviation | 0.9667 | |||
Downside Deviation | 1.34 | |||
Coefficient Of Variation | 434.41 | |||
Standard Deviation | 1.92 | |||
Variance | 3.7 | |||
Information Ratio | 0.1601 | |||
Jensen Alpha | 0.3106 | |||
Total Risk Alpha | 4.0E-4 | |||
Sortino Ratio | 0.2307 | |||
Treynor Ratio | 0.4418 | |||
Maximum Drawdown | 11.5 | |||
Value At Risk | (1.83) | |||
Potential Upside | 3.76 | |||
Downside Variance | 1.78 | |||
Semi Variance | 0.9345 | |||
Expected Short fall | (1.58) | |||
Skewness | 1.71 | |||
Kurtosis | 6.05 |
DaVita HealthCare 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 DaVita 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 | 5,200 | ||
Daily Balance Of Power | 1.02 | ||
Rate Of Daily Change | 1.01 | ||
Day Median Price | 137.55 | ||
Day Typical Price | 137.72 | ||
Price Action Indicator | 1.10 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in DaVita HealthCare 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 real. 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 DaVita Stock analysis
When running DaVita HealthCare's price analysis, check to measure DaVita HealthCare'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 DaVita HealthCare is operating at the current time. Most of DaVita HealthCare's value examination focuses on studying past and present price action to predict the probability of DaVita HealthCare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DaVita HealthCare's price. Additionally, you may evaluate how the addition of DaVita HealthCare to your portfolios can decrease your overall portfolio volatility.
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Fundamental Analysis View fundamental data based on most recent published financial statements |
Is DaVita HealthCare'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 DaVita HealthCare. If investors know DaVita 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 DaVita HealthCare 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 1.2 | Earnings Share 7.42 | Revenue Per Share 133.717 | Quarterly Revenue Growth 0.078 | Return On Assets 0.0592 |
The market value of DaVita HealthCare is measured differently than its book value, which is the value of DaVita that is recorded on the company's balance sheet. Investors also form their own opinion of DaVita HealthCare's value that differs from its market value or its book value, called intrinsic value, which is DaVita HealthCare'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 DaVita HealthCare's market value can be influenced by many factors that don't directly affect DaVita HealthCare'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 DaVita HealthCare's value and its price as these two are different measures arrived at by different means. Investors typically determine if DaVita HealthCare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DaVita HealthCare'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.