Exact Sciences Stock Technical Analysis

EXAS Stock  USD 63.48  0.26  0.41%   
As of the 18th of April 2024, EXACT Sciences owns the Market Risk Adjusted Performance of (0.03), variance of 8.4, and Standard Deviation of 2.9. EXACT Sciences technical analysis allows you to utilize past data patterns in order to determine a pattern that computes the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to analyze thirteen technical drivers for EXACT Sciences, which can be compared to its peers in the sector. Please confirm EXACT Sciences risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if EXACT Sciences is priced correctly, providing market reflects its prevailing price of 63.48 per share. Given that EXACT Sciences has information ratio of (0.04), we urge you to verify EXACT Sciences's latest market performance to make sure the company can sustain itself in the future.

EXACT Sciences Momentum Analysis

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

EXACT Sciences Analyst Consensus

Target PriceAdvice# of Analysts
106.38Strong Buy22Odds
EXACT Sciences current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most EXACT 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 EXACT stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of EXACT Sciences, talking to its executives and customers, or listening to EXACT conference calls.
EXACT Analyst Advice Details
EXACT Sciences 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 EXACT Sciences technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of EXACT Sciences 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...

EXACT Sciences Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 EXACT Sciences volatility. High ATR values indicate high volatility, and low values indicate low volatility.

EXACT Sciences Trend Analysis

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

EXACT Sciences Best Fit Change Line

The following chart estimates an ordinary least squares regression model for EXACT Sciences applied against its price change over selected period. The best fit line has a slop of   0.11  , which means EXACT Sciences will continue generating value for investors. It has 122 observation points and a regression sum of squares at 465.49, which is the sum of squared deviations for the predicted EXACT Sciences price change compared to its average price change.

About EXACT Sciences 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 EXACT Sciences 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 EXACT Sciences based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on EXACT Sciences price pattern first instead of the macroeconomic environment surrounding EXACT Sciences. By analyzing EXACT Sciences'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 EXACT Sciences'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 EXACT Sciences specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 (projected)
Dividend Yield0.0028120.01270.0114
Price To Sales Ratio7.554.195.33

EXACT Sciences April 18, 2024 Technical Indicators

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

EXACT Sciences April 18, 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 EXACT 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 EXACT Sciences is a strong investment it is important to analyze EXACT Sciences' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact EXACT Sciences' future performance. For an informed investment choice regarding EXACT Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EXACT Sciences. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy EXACT Stock please use our How to Invest in EXACT Sciences guide.
Note that the EXACT Sciences information on this page should be used as a complementary analysis to other EXACT Sciences' 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Complementary Tools for EXACT Stock analysis

When running EXACT Sciences' price analysis, check to measure EXACT Sciences' 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 EXACT Sciences is operating at the current time. Most of EXACT Sciences' value examination focuses on studying past and present price action to predict the probability of EXACT Sciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EXACT Sciences' price. Additionally, you may evaluate how the addition of EXACT Sciences to your portfolios can decrease your overall portfolio volatility.
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Is EXACT Sciences' 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 EXACT Sciences. If investors know EXACT 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 EXACT Sciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.13)
Revenue Per Share
13.876
Quarterly Revenue Growth
0.17
Return On Assets
(0.03)
Return On Equity
(0.07)
The market value of EXACT Sciences is measured differently than its book value, which is the value of EXACT that is recorded on the company's balance sheet. Investors also form their own opinion of EXACT Sciences' value that differs from its market value or its book value, called intrinsic value, which is EXACT Sciences' 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 EXACT Sciences' market value can be influenced by many factors that don't directly affect EXACT Sciences' 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 EXACT Sciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if EXACT Sciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EXACT Sciences' 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.