Revvity Stock Technical Analysis

RVTY Stock   108.46  1.15  1.07%   
As of the 17th of May 2024, Revvity holds the Coefficient Of Variation of 1355.77, semi deviation of 1.44, and Risk Adjusted Performance of 0.0501. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Revvity, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Revvity, which can be compared to its competitors. Please check Revvity jensen alpha, semi variance, and the relationship between the standard deviation and value at risk to decide if Revvity is priced some-what accurately, providing market reflects its current price of 108.46 per share. Given that Revvity has jensen alpha of (0.05), we recommend you to check out Revvity's recent market performance to make sure the company can sustain itself at a future point.

Revvity Momentum Analysis

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

Revvity Analyst Consensus

Target PriceAdvice# of Analysts
142.38Strong Buy18Odds
Revvity current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Revvity 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 Revvity stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Revvity, talking to its executives and customers, or listening to Revvity conference calls.
Revvity Analyst Advice Details
Revvity 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 Revvity technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Revvity 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...

Revvity Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Revvity volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Revvity Trend Analysis

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

Revvity Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Revvity applied against its price change over selected period. The best fit line has a slop of   0.06  , which may suggest that Revvity market price will keep on failing further. It has 122 observation points and a regression sum of squares at 123.25, which is the sum of squared deviations for the predicted Revvity price change compared to its average price change.

About Revvity 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 Revvity 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 Revvity based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Revvity price pattern first instead of the macroeconomic environment surrounding Revvity. By analyzing Revvity'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 Revvity'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 Revvity specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.0013860.0019980.0025390.002412
Price To Sales Ratio4.615.345.015.26

Revvity May 17, 2024 Technical Indicators

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

Revvity May 17, 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 Revvity 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 Revvity offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Revvity's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Revvity Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Revvity Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Revvity. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Revvity Stock please use our How to Invest in Revvity guide.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

Complementary Tools for Revvity Stock analysis

When running Revvity's price analysis, check to measure Revvity'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 Revvity is operating at the current time. Most of Revvity's value examination focuses on studying past and present price action to predict the probability of Revvity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Revvity's price. Additionally, you may evaluate how the addition of Revvity to your portfolios can decrease your overall portfolio volatility.
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Is Revvity'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 Revvity. If investors know Revvity 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 Revvity 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
(0.95)
Dividend Share
0.28
Earnings Share
1.47
Revenue Per Share
21.983
Quarterly Revenue Growth
(0.04)
The market value of Revvity is measured differently than its book value, which is the value of Revvity that is recorded on the company's balance sheet. Investors also form their own opinion of Revvity's value that differs from its market value or its book value, called intrinsic value, which is Revvity'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 Revvity's market value can be influenced by many factors that don't directly affect Revvity'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 Revvity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Revvity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Revvity'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.