Amn Healthcare Services Stock Technical Analysis
| AMN Stock | USD 39.67 0.26 0.66% |
As of the 26th of October, AMN Healthcare shows the Mean Deviation of 2.09, coefficient of variation of (465.12), and Risk Adjusted Performance of (0.16). AMN Healthcare Services 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.
AMN 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 AMN, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AMNAMN |
AMN Healthcare Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 105.17 | Buy | 9 | Odds |
Most AMN 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 AMN stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of AMN Healthcare Services, talking to its executives and customers, or listening to AMN conference calls.
AMN 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.
AMN Healthcare Services Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 AMN Healthcare Services volatility. High ATR values indicate high volatility, and low values indicate low volatility.
AMN Healthcare Services Trend Analysis
Use this graph to draw trend lines for AMN Healthcare Services. You can use it to identify possible trend reversals for AMN 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 AMN Healthcare price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.AMN Healthcare Best Fit Change Line
The following chart estimates an ordinary least squares regression model for AMN Healthcare Services applied against its price change over selected period. The best fit line has a slop of 0.37 , which may imply that the returns on investment in AMN Healthcare Services will continue to fail. It has 122 observation points and a regression sum of squares at 5124.14, which is the sum of squared deviations for the predicted AMN Healthcare price change compared to its average price change.About AMN 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 AMN Healthcare Services 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 AMN Healthcare Services based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on AMN Healthcare Services price pattern first instead of the macroeconomic environment surrounding AMN Healthcare Services. By analyzing AMN 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 AMN 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 AMN Healthcare specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 94.25 | 65.74 | 71.4 | 56.26 | PTB Ratio | 5.02 | 4.39 | 3.53 | 6.64 |
AMN Healthcare October 26, 2024 Technical Indicators
Most technical analysis of AMN 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 AMN from various momentum indicators to cycle indicators. When you analyze AMN 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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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.16) | |||
| Market Risk Adjusted Performance | (0.41) | |||
| Mean Deviation | 2.09 | |||
| Coefficient Of Variation | (465.12) | |||
| Standard Deviation | 3.06 | |||
| Variance | 9.38 | |||
| Information Ratio | (0.24) | |||
| Jensen Alpha | (0.79) | |||
| Total Risk Alpha | (0.96) | |||
| Treynor Ratio | (0.42) | |||
| Maximum Drawdown | 18.28 | |||
| Value At Risk | (5.27) | |||
| Potential Upside | 4.43 | |||
| Skewness | (0.55) | |||
| Kurtosis | 3.43 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AMN Healthcare Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Health Care Providers & Services space 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 AMN Healthcare. If investors know AMN 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 AMN 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 (0.73) | Earnings Share 2.66 | Revenue Per Share 84.828 | Quarterly Revenue Growth (0.25) | Return On Assets 0.0459 |
The market value of AMN Healthcare Services is measured differently than its book value, which is the value of AMN that is recorded on the company's balance sheet. Investors also form their own opinion of AMN Healthcare's value that differs from its market value or its book value, called intrinsic value, which is AMN 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 AMN Healthcare's market value can be influenced by many factors that don't directly affect AMN 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 AMN Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if AMN Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AMN 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.