Allscripts Stock Momentum Indicators Average Directional Movement Index

MDRX
 Stock
  

USD 17.50  0.39  2.28%   

Allscripts Hlthcare momentum indicators tool provides the execution environment for running the Average Directional Movement Index indicator and other technical functions against Allscripts Hlthcare. Allscripts Hlthcare value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index indicator function is designed to identify and follow existing trends. Momentum indicators of Allscripts Hlthcare are pattern recognition functions that provide distinct formation on Allscripts Hlthcare potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

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The output start index for this execution was nineteen with a total number of output elements of fourty-two. The average directional index (ADX) measures the strength of a prevailing trend of Allscripts Hlthcare and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low Allscripts Hlthcare ADX value usually indicates a non-trending market with low volumes, whereas a cross above 20 may indicate the start of a trend. If the ADX is over 40 and begins to fall, it can indicate the slowdown of a current trend. This indicator can also be used to identify non-trending markets, or a deterioration of an ongoing trend. Although market direction is important in its calculation, the ADX is not a directional indicator
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Allscripts Hlthcare Technical Analysis Modules

Most technical analysis of Allscripts Hlthcare 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 Allscripts from various momentum indicators to cycle indicators. When you analyze Allscripts charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Allscripts Hlthcare Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Allscripts Hlthcare. We use our internally-developed statistical techniques to arrive at the intrinsic value of Allscripts Hlthcare based on widely used predictive technical indicators. In general, we focus on analyzing Allscripts Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Allscripts Hlthcare'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 Allscripts Hlthcare's intrinsic value. In addition to deriving basic predictive indicators for Allscripts Hlthcare, we also check how macroeconomic factors affect Allscripts Hlthcare price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2017 2018 2021 (projected)
Long Term Debt to Equity1.370.420.25
Interest Coverage0.485.866.74
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Allscripts Hlthcare's 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. Please use the tools below to analyze the current value of Allscripts Hlthcare in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
14.8017.5020.20
Details
Intrinsic
Valuation
LowReal ValueHigh
15.0517.7520.45
Details
Naive
Forecast
LowNext ValueHigh
15.2417.9420.64
Details
10 Analysts
Consensus
LowTarget PriceHigh
16.0018.7822.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Allscripts Hlthcare. Your research has to be compared to or analyzed against Allscripts Hlthcare's peers to derive any actionable benefits. When done correctly, Allscripts Hlthcare's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Allscripts Hlthcare.

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Allscripts Hlthcare pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Allscripts Hlthcare position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Allscripts Hlthcare will appreciate offsetting losses from the drop in the long position's value.

Allscripts Hlthcare Pair Trading

Allscripts Hlthcare Pair Trading Analysis

The ability to find closely correlated positions to Allscripts Hlthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Allscripts Hlthcare when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Allscripts Hlthcare - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Allscripts Hlthcare to buy it.
The correlation of Allscripts Hlthcare is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Allscripts Hlthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Allscripts Hlthcare moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Allscripts Hlthcare can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Additionally, see Stocks Correlation. Note that the Allscripts Hlthcare information on this page should be used as a complementary analysis to other Allscripts Hlthcare's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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When running Allscripts Hlthcare price analysis, check to measure Allscripts Hlthcare'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 Allscripts Hlthcare is operating at the current time. Most of Allscripts Hlthcare's value examination focuses on studying past and present price action to predict the probability of Allscripts Hlthcare's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Allscripts Hlthcare's price. Additionally, you may evaluate how the addition of Allscripts Hlthcare to your portfolios can decrease your overall portfolio volatility.
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Is Allscripts Hlthcare's industry 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 Allscripts Hlthcare. If investors know Allscripts 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 Allscripts Hlthcare 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 YOY
1.72
Market Capitalization
1.9 B
Quarterly Revenue Growth YOY
0.069
Return On Assets
0.0192
Return On Equity
0.0967
The market value of Allscripts Hlthcare is measured differently than its book value, which is the value of Allscripts that is recorded on the company's balance sheet. Investors also form their own opinion of Allscripts Hlthcare's value that differs from its market value or its book value, called intrinsic value, which is Allscripts Hlthcare'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 Allscripts Hlthcare's market value can be influenced by many factors that don't directly affect Allscripts Hlthcare'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 Allscripts Hlthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine Allscripts Hlthcare value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allscripts Hlthcare'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.