Imac Holdings Stock Technical Analysis
| BACK Stock | USD 1.39 0.03 2.11% |
As of the 24th of October, IMAC Holdings owns the Semi Deviation of 5.41, downside deviation of 5.73, and Market Risk Adjusted Performance of 0.0026. IMAC Holdings technical analysis makes it possible for you to employ past data patterns with the intention to determine a pattern that calculates the direction of the firm's future prices.
IMAC Holdings Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as IMAC, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to IMACIMAC |
IMAC Holdings Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 34.5 | Strong Buy | 1 | Odds |
Most IMAC 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 IMAC stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of IMAC Holdings, talking to its executives and customers, or listening to IMAC conference calls.
IMAC Holdings 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.
IMAC Holdings Technical Analysis
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 IMAC Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.
IMAC Holdings Trend Analysis
Use this graph to draw trend lines for IMAC Holdings. You can use it to identify possible trend reversals for IMAC Holdings 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 IMAC Holdings price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.IMAC Holdings Best Fit Change Line
The following chart estimates an ordinary least squares regression model for IMAC Holdings applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that IMAC Holdings market price will keep on failing further. It has 122 observation points and a regression sum of squares at 6.31, which is the sum of squared deviations for the predicted IMAC Holdings price change compared to its average price change.About IMAC Holdings 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 IMAC Holdings 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 IMAC Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on IMAC Holdings price pattern first instead of the macroeconomic environment surrounding IMAC Holdings. By analyzing IMAC Holdings'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 IMAC Holdings'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 IMAC Holdings specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Dividend Yield | 32.7K | 29.1K | Price To Sales Ratio | 6.88E-4 | 6.53E-4 |
IMAC Holdings October 24, 2024 Technical Indicators
Most technical analysis of IMAC 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 IMAC from various momentum indicators to cycle indicators. When you analyze IMAC 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0111 | |||
| Market Risk Adjusted Performance | 0.0026 | |||
| Mean Deviation | 3.87 | |||
| Semi Deviation | 5.41 | |||
| Downside Deviation | 5.73 | |||
| Coefficient Of Variation | 31394.58 | |||
| Standard Deviation | 5.7 | |||
| Variance | 32.51 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | 0.0875 | |||
| Total Risk Alpha | (0.51) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.01) | |||
| Maximum Drawdown | 37.77 | |||
| Value At Risk | (6.52) | |||
| Potential Upside | 9.91 | |||
| Downside Variance | 32.78 | |||
| Semi Variance | 29.22 | |||
| Expected Short fall | (4.58) | |||
| Skewness | (0.31) | |||
| Kurtosis | 3.52 |
IMAC Holdings October 24, 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 IMAC 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.
| Accumulation Distribution | 624.55 | ||
| Daily Balance Of Power | (0.50) | ||
| Rate Of Daily Change | 0.98 | ||
| Day Median Price | 1.39 | ||
| Day Typical Price | 1.39 | ||
| Price Action Indicator | (0.02) |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in IMAC Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy IMAC Stock please use our How to buy in IMAC Stock guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Health Care Equipment & Supplies 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 IMAC Holdings. If investors know IMAC 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 IMAC Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.03) | Revenue Per Share 7.719 | Quarterly Revenue Growth (0.59) | Return On Assets (0.38) | Return On Equity (3.32) |
The market value of IMAC Holdings is measured differently than its book value, which is the value of IMAC that is recorded on the company's balance sheet. Investors also form their own opinion of IMAC Holdings' value that differs from its market value or its book value, called intrinsic value, which is IMAC Holdings' 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 IMAC Holdings' market value can be influenced by many factors that don't directly affect IMAC Holdings' 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 IMAC Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if IMAC Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IMAC Holdings' 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.