Knowledge is power, especially when it comes to making informed investment decisions. Teledyne Technologies, trading under the ticker TDY on the NYSE, has been catching the eye of investors with its recent market movements. Currently, the stock is trading close to its 52-week high of $458.15, with a day typical price of $444.27. The company's PEG ratio of 0.98 suggests that it might be undervalued relative to its growth potential, which is a positive sign for growth-oriented investors. Despite a slight dip indicated by a price action indicator of -2.89, the overall analyst consensus remains a strong buy, with a Wall Street target price of $480.79. This optimism is further supported by a solid net income of $885.7 million, reflecting robust financial health. However, investors should be mindful of the short ratio of 2.1, which could indicate some bearish sentiment in the market. As Teledyne continues to navigate the Aerospace & Defense sector, keeping an eye on these technical indicators can provide valuable insights for potential investors. Many baby boomers might overlook the aerospace and defense sector, but it's worth examining how Teledyne Technologies Incorporated aligns with current market trends. Recently, Teledyne has shown signs of decline as investors grow more cautious amid sector volatility. Over the past few months, Teledyne's performance has closely tracked the broader market, suggesting a slight correlation. Despite this, the company's strong fundamentals could indicate potential short-term price movements for investors. Teledyne is set to release its earnings today, with the next fiscal year ending on January 22, 2025.
Using predictive
technical analysis, we can analyze different prices and returns patterns and
diagnose historical swings to determine the real value of Teledyne Technologies Incorporated. In general, sophisticated investors focus on analyzing Teledyne Technologies stock price patterns and their correlations with different microeconomic environment and drivers. They apply predictive analytics to build Teledyne Technologies's daily price indicators and compare them against related drivers such as
momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional
technical analysis and
fundamental analysis, we attempt to find the most accurate representation of Teledyne Technologies's intrinsic value. In addition to deriving basic predictive indicators for Teledyne Technologies, many experienced traders also check how macroeconomic factors affect Teledyne Technologies price patterns. Please read more on our
technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed
many market ups and downs, anticipate that the market will even out over time. This tendency of Teledyne Technologies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
How does Teledyne Stands against Peers?
Analyzing Teledyne Technologies competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to Teledyne Technologies across multiple sectors and
thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be. Check out
Teledyne Technologies Competition DetailsTeledyne Technologies Gross Profit
Teledyne Technologies Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Teledyne Technologies previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Teledyne Technologies Gross Profit growth over the last 10 years. Please check Teledyne Technologies'
gross profit and other
fundamental indicators for more details.
Closer look at Teledyne Technologies Downside Variance
Teledyne Technologies Incorporated has current Downside Variance of 1.19. Downside Variance (or DV) is measured by target semi-variance and is termed downside volatility. It is expressed in percentages and therefore allows for rankings in the same way as variance. One way to view downside volatility is the annualized variance of returns below the target.
Downside Variance is the probability-weighted squared below-target returns.
The squaring of the below-target returns has the effect of penalizing failures at an exponential rate. This is consistent with observations made on the behavior of individual decision-making under.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 1.19 |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N(ER) | = | Number of points with returns less than expected return for the period |
Let's now compare Teledyne Technologies Downside Variance to its closest peers:
| TDY | 1.185304891235445 |
| ESE | 2.64 |
| FTV | 4.06 |
| COHR | 18.32 |
| MLAB | 8.61 |
They say the trend is your friend until it bends at the end, and Teledyne Technologies (NYSE: TDY) might be nearing a critical point. With its 50-day moving average sitting at 431.30, the stock is trading close to its 52-week high of 458.15, signaling a potential resistance level. Investors should note the company's solid operating margin of 0.18% despite a hefty total debt of 3.4 billion, which highlights its robust operational efficiency in the Scientific & Technical Instruments industry. Furthermore, a strong current ratio of 1.78x indicates that Teledyne is well-positioned to meet its short-term obligations, a reassuring sign for stakeholders. With shares owned by institutions at a whopping 92.76%, institutional confidence remains high, suggesting that seasoned investors still see upside potential..
Teledyne Technologies is likely to close below $452 next week
Teledyne Technologies Incorporated's stock is experiencing a notable drop in its value at risk indicator, now at -1.83, indicating increased volatility and the potential for a price surge. Despite this, the stock is expected to close below $452 next week, hinting at a short-term downward trend. This could be influenced by market sentiment or external factors affecting the company's prospects. Investors should stay vigilant and keep an eye on any developments that might impact Teledyne's stock in the near future.
Although the stock shows relatively low volatility, with a skewness of -0.03 and kurtosis of 1.72, understanding these volatility trends can help investors make informed decisions. Bear markets often increase volatility, affecting stock prices and prompting investors to adjust their portfolios accordingly.While Teledyne Technologies Incorporated has recently been in the spotlight for its positive news, a closer look reveals that the excitement might be somewhat overstated. Despite the buzz, the stock's valuation suggests a more cautious approach. With an analyst target price estimated at
491.44 and a possible downside price of
438.96, the potential for significant gains appears limited. Investors should weigh these factors carefully, considering both the optimistic analyst consensus and the underlying valuation metrics, before making any investment decisions..
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Vlad Skutelnik is a Macroaxis Contributor. Vlad covers stocks, funds, cryptocurrencies, and ETFs that are traded in North America, focusing primarily on fundamentals, valuation and market volatility. He has many years of experience in fintech, predictive investment analytics, and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Teledyne Technologies Incorporated. Please refer to our
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