American Shared Hospital Stock Technical Analysis

AMS Stock  USD 2.95  0.26  9.67%   
As of the 28th of March, American Shared shows the mean deviation of 1.3, and Risk Adjusted Performance of 0.0308. American Shared Hospital 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 have collected data for nineteen technical drivers for American Shared Hospital, which can be compared to its rivals. Please confirm American Shared Hospital standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if American Shared Hospital is priced correctly, providing market reflects its regular price of 2.95 per share. Please also double-check American Shared Hospital total risk alpha, which is currently at (0.32) to validate the company can sustain itself at a future point.

American Shared Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as American, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to American
  
American Shared'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.
American Shared 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 American Shared technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of American Shared 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...

American Shared Hospital Technical Analysis

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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 American Shared Hospital volatility. High ATR values indicate high volatility, and low values indicate low volatility.

American Shared Hospital Trend Analysis

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

American Shared Best Fit Change Line

The following chart estimates an ordinary least squares regression model for American Shared Hospital applied against its price change over selected period. The best fit line has a slop of    , which may imply that American Shared Hospital will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 0.04, which is the sum of squared deviations for the predicted American Shared price change compared to its average price change.

About American Shared 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 American Shared Hospital 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 American Shared Hospital based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on American Shared Hospital price pattern first instead of the macroeconomic environment surrounding American Shared Hospital. By analyzing American Shared'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 American Shared'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 American Shared specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.30.32
Price To Sales Ratio0.840.59

American Shared March 28, 2024 Technical Indicators

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

American Shared March 28, 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 American 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 American Shared Hospital is a strong investment it is important to analyze American Shared's 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 American Shared's future performance. For an informed investment choice regarding American Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Shared Hospital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Complementary Tools for American Stock analysis

When running American Shared's price analysis, check to measure American Shared'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 American Shared is operating at the current time. Most of American Shared's value examination focuses on studying past and present price action to predict the probability of American Shared's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Shared's price. Additionally, you may evaluate how the addition of American Shared to your portfolios can decrease your overall portfolio volatility.
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Is American Shared'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 American Shared. If investors know American 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 American Shared 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
(0.63)
Earnings Share
0.07
Revenue Per Share
3.238
Quarterly Revenue Growth
0.063
Return On Assets
0.0291
The market value of American Shared Hospital is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Shared's value that differs from its market value or its book value, called intrinsic value, which is American Shared'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 American Shared's market value can be influenced by many factors that don't directly affect American Shared'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 American Shared's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Shared is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Shared'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.