Idexx Laboratories Stock Technical Analysis
| IDXX Stock | USD 421.76 0.00 0.00% |
As of the 28th of November, IDEXX Laboratories retains the Risk Adjusted Performance of (0.08), coefficient of variation of (855.94), and Market Risk Adjusted Performance of (0.20). IDEXX Laboratories 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.
IDEXX Laboratories Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as IDEXX, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to IDEXXIDEXX |
IDEXX Laboratories Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 569.13 | Buy | 13 | Odds |
Most IDEXX 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 IDEXX stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of IDEXX Laboratories, talking to its executives and customers, or listening to IDEXX conference calls.
IDEXX Laboratories 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.
IDEXX Laboratories 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 IDEXX Laboratories volatility. High ATR values indicate high volatility, and low values indicate low volatility.
IDEXX Laboratories Trend Analysis
Use this graph to draw trend lines for IDEXX Laboratories. You can use it to identify possible trend reversals for IDEXX Laboratories 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 IDEXX Laboratories price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.IDEXX Laboratories Best Fit Change Line
The following chart estimates an ordinary least squares regression model for IDEXX Laboratories applied against its price change over selected period. The best fit line has a slop of 1.67 , which may suggest that IDEXX Laboratories market price will keep on failing further. It has 122 observation points and a regression sum of squares at 105349.85, which is the sum of squared deviations for the predicted IDEXX Laboratories price change compared to its average price change.About IDEXX Laboratories 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 IDEXX Laboratories 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 IDEXX Laboratories based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on IDEXX Laboratories price pattern first instead of the macroeconomic environment surrounding IDEXX Laboratories. By analyzing IDEXX Laboratories'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 IDEXX Laboratories'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 IDEXX Laboratories specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2024 (projected) | Inventory Turnover | 4.93 | 3.71 | 2.97 | ROIC | 0.48 | 0.36 | 0.18 |
IDEXX Laboratories November 28, 2024 Technical Indicators
Most technical analysis of IDEXX 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 IDEXX from various momentum indicators to cycle indicators. When you analyze IDEXX 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 | (0.08) | |||
| Market Risk Adjusted Performance | (0.20) | |||
| Mean Deviation | 1.16 | |||
| Coefficient Of Variation | (855.94) | |||
| Standard Deviation | 1.78 | |||
| Variance | 3.18 | |||
| Information Ratio | (0.19) | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | (0.21) | |||
| Maximum Drawdown | 13.04 | |||
| Value At Risk | (2.56) | |||
| Potential Upside | 2.26 | |||
| Skewness | (2.19) | |||
| Kurtosis | 11.89 |
IDEXX Laboratories November 28, 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 IDEXX 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 | 6,737 | ||
| Daily Balance Of Power | 0.00 | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 420.34 | ||
| Day Typical Price | 420.81 | ||
| Price Action Indicator | 1.42 |
Additional Tools for IDEXX Stock Analysis
When running IDEXX Laboratories' price analysis, check to measure IDEXX Laboratories' 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 IDEXX Laboratories is operating at the current time. Most of IDEXX Laboratories' value examination focuses on studying past and present price action to predict the probability of IDEXX Laboratories' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IDEXX Laboratories' price. Additionally, you may evaluate how the addition of IDEXX Laboratories to your portfolios can decrease your overall portfolio volatility.