Medifast Inc Stock Technical Analysis
| MED Stock | USD 18.14 0.14 0.77% |
As of the 17th of November 2024, MEDIFAST INC secures the mean deviation of 2.05, and Risk Adjusted Performance of 0.01. Compared to fundamental indicators, the technical analysis model lets you check possible technical drivers of MEDIFAST INC, as well as the relationship between them. Please verify MEDIFAST INC coefficient of variation, maximum drawdown, skewness, as well as the relationship between the information ratio and downside variance to decide if MEDIFAST INC is priced fairly, providing market reflects its recent price of 18.14 per share. Given that MEDIFAST INC has jensen alpha of (0.03), we recommend you to check MEDIFAST INC's last-minute market performance to make sure the company can sustain itself in the future.
MEDIFAST INC Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as MEDIFAST, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MEDIFASTMEDIFAST |
MEDIFAST INC Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 81.0 | Hold | 2 | Odds |
Most MEDIFAST 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 MEDIFAST stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of MEDIFAST INC, talking to its executives and customers, or listening to MEDIFAST conference calls.
MEDIFAST INC 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.
MEDIFAST INC Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 MEDIFAST INC volatility. High ATR values indicate high volatility, and low values indicate low volatility.
MEDIFAST INC Trend Analysis
Use this graph to draw trend lines for MEDIFAST INC. You can use it to identify possible trend reversals for MEDIFAST INC 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 MEDIFAST INC price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.MEDIFAST INC Best Fit Change Line
The following chart estimates an ordinary least squares regression model for MEDIFAST INC applied against its price change over selected period. The best fit line has a slop of 0.0043 , which may imply that the returns on investment in MEDIFAST INC will continue to fail. It has 122 observation points and a regression sum of squares at 0.69, which is the sum of squared deviations for the predicted MEDIFAST INC price change compared to its average price change.About MEDIFAST INC 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 MEDIFAST INC 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 MEDIFAST INC based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on MEDIFAST INC price pattern first instead of the macroeconomic environment surrounding MEDIFAST INC. By analyzing MEDIFAST INC'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 MEDIFAST INC'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 MEDIFAST INC specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.026 | 0.0555 | 0.0998 | 0.1 | Price To Sales Ratio | 1.61 | 0.81 | 0.68 | 0.65 |
MEDIFAST INC November 17, 2024 Technical Indicators
Most technical analysis of MEDIFAST 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 MEDIFAST from various momentum indicators to cycle indicators. When you analyze MEDIFAST 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 | 0.01 | |||
| Market Risk Adjusted Performance | 0.0099 | |||
| Mean Deviation | 2.05 | |||
| Semi Deviation | 2.61 | |||
| Downside Deviation | 2.66 | |||
| Coefficient Of Variation | 27080.25 | |||
| Standard Deviation | 2.7 | |||
| Variance | 7.29 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.000092) | |||
| Maximum Drawdown | 15.04 | |||
| Value At Risk | (3.72) | |||
| Potential Upside | 5.1 | |||
| Downside Variance | 7.06 | |||
| Semi Variance | 6.82 | |||
| Expected Short fall | (2.00) | |||
| Skewness | 0.4545 | |||
| Kurtosis | 0.89 |
Complementary Tools for MEDIFAST Stock analysis
When running MEDIFAST INC's price analysis, check to measure MEDIFAST INC'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 MEDIFAST INC is operating at the current time. Most of MEDIFAST INC's value examination focuses on studying past and present price action to predict the probability of MEDIFAST INC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MEDIFAST INC's price. Additionally, you may evaluate how the addition of MEDIFAST INC to your portfolios can decrease your overall portfolio volatility.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Money Managers Screen money managers from public funds and ETFs managed around the world |