Gilead Sciences Stock Technical Analysis
| GILD Stock | USD 67.75 0.32 0.47% |
As of the 16th of April 2024, Gilead Sciences retains the Standard Deviation of 1.64, market risk adjusted performance of (0.76), and Risk Adjusted Performance of (0.11). Gilead Sciences technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to break down and interpolate thirteen technical drivers for Gilead Sciences, which can be compared to its competitors. Please check out Gilead Sciences standard deviation, treynor ratio, as well as the relationship between the Treynor Ratio and potential upside to decide if Gilead Sciences is priced fairly, providing market reflects its last-minute price of 67.75 per share. Given that Gilead Sciences has information ratio of (0.22), we strongly advise you to confirm Gilead Sciences's regular market performance to make sure the company can sustain itself at a future point.
Gilead 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 Gilead, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GileadGilead |
Gilead Sciences Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 85.47 | Buy | 31 | Odds |
Most Gilead 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 Gilead stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Gilead Sciences, talking to its executives and customers, or listening to Gilead conference calls.
Gilead 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.
Gilead Sciences 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 Gilead Sciences volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Gilead Sciences Trend Analysis
Use this graph to draw trend lines for Gilead Sciences. You can use it to identify possible trend reversals for Gilead 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 Gilead Sciences price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Gilead Sciences Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Gilead Sciences applied against its price change over selected period. The best fit line has a slop of 0.14 , which may suggest that Gilead Sciences market price will keep on failing further. It has 122 observation points and a regression sum of squares at 793.95, which is the sum of squared deviations for the predicted Gilead Sciences price change compared to its average price change.About Gilead 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 Gilead 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 Gilead Sciences based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Gilead Sciences price pattern first instead of the macroeconomic environment surrounding Gilead Sciences. By analyzing Gilead 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 Gilead 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 Gilead Sciences specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0395 | 0.0344 | 0.0377 | 0.0485 | Price To Sales Ratio | 3.34 | 3.95 | 3.73 | 3.54 |
Gilead Sciences April 16, 2024 Technical Indicators
Most technical analysis of Gilead 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 Gilead from various momentum indicators to cycle indicators. When you analyze Gilead 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.
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| Risk Adjusted Performance | (0.11) | |||
| Market Risk Adjusted Performance | (0.76) | |||
| Mean Deviation | 0.9661 | |||
| Coefficient Of Variation | (537.87) | |||
| Standard Deviation | 1.64 | |||
| Variance | 2.69 | |||
| Information Ratio | (0.22) | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | (0.77) | |||
| Maximum Drawdown | 11.31 | |||
| Value At Risk | (2.45) | |||
| Potential Upside | 1.34 | |||
| Skewness | (3.55) | |||
| Kurtosis | 19.72 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gilead 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 bureau of economic analysis. For information on how to trade Gilead Stock refer to our How to Trade Gilead Stock guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for Gilead Stock analysis
When running Gilead Sciences' price analysis, check to measure Gilead 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 Gilead Sciences is operating at the current time. Most of Gilead Sciences' value examination focuses on studying past and present price action to predict the probability of Gilead Sciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gilead Sciences' price. Additionally, you may evaluate how the addition of Gilead Sciences to your portfolios can decrease your overall portfolio volatility.
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Is Gilead 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 Gilead Sciences. If investors know Gilead 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 Gilead Sciences 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 (0.13) | Dividend Share 3 | Earnings Share 4.5 | Revenue Per Share 21.728 | Quarterly Revenue Growth (0.04) |
The market value of Gilead Sciences is measured differently than its book value, which is the value of Gilead that is recorded on the company's balance sheet. Investors also form their own opinion of Gilead Sciences' value that differs from its market value or its book value, called intrinsic value, which is Gilead 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 Gilead Sciences' market value can be influenced by many factors that don't directly affect Gilead 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 Gilead Sciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Gilead Sciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gilead 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.