Alignment Stock Technical Analysis

ALHC
 Stock
  

USD 16.48  0.38  2.36%   

As of the 12th of August 2022, Alignment Healthcare shows the Downside Deviation of 3.32, mean deviation of 3.15, and Risk Adjusted Performance of 0.3434. Alignment Healthcare technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyze and collected data for nineteen technical drivers for Alignment Healthcare, which can be compared to its rivals. Please confirm Alignment Healthcare standard deviation, value at risk, kurtosis, as well as the relationship between the jensen alpha and semi variance to decide if Alignment Healthcare is priced correctly, providing market reflects its regular price of 16.48 per share. Given that Alignment Healthcare has jensen alpha of 0.9742, we suggest you to validate Alignment Healthcare's prevailing market performance to make sure the company can sustain itself at a future point.
  

Alignment Healthcare Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Alignment, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Alignment
Alignment Healthcare's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Alignment Healthcare Analyst Consensus

Target PriceAdvice# of Analysts
22.86Buy7Odds
Alignment Healthcare current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Alignment 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 Alignment stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Alignment Healthcare, talking to its executives and customers, or listening to Alignment conference calls.
Alignment Analyst Advice Details
Alignment Healthcare 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.
A focus of Alignment Healthcare technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Alignment Healthcare trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Alignment Healthcare Technical Analysis

Indicator
Time Period
Execute Indicator
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 Alignment Healthcare volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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Alignment Healthcare Trend Analysis

Use this graph to draw trend lines for Alignment Healthcare. You can use it to identify possible trend reversals for Alignment Healthcare 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 Alignment Healthcare price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Alignment Healthcare Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Alignment Healthcare applied against its price change over selected period. The best fit line has a slop of   0.12  , which means Alignment Healthcare will continue generating value for investors. It has 122 observation points and a regression sum of squares at 527.78, which is the sum of squared deviations for the predicted Alignment Healthcare price change compared to its average price change.

About Alignment Healthcare 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 Alignment Healthcare 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 Alignment Healthcare based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Alignment Healthcare stock first instead of the macroeconomic environment surrounding Alignment Healthcare. By analyzing Alignment Healthcare'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 Alignment Healthcare'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 Alignment Healthcare specific price patterns or momentum indicators. Please read more on our technical analysis page.

Alignment Healthcare August 12, 2022 Technical Indicators

Most technical analysis of Alignment 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 Alignment from various momentum indicators to cycle indicators. When you analyze Alignment 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.

Alignment Healthcare August 12, 2022 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 Alignment 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.
Please continue to Trending Equities. Note that the Alignment Healthcare information on this page should be used as a complementary analysis to other Alignment Healthcare'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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Complementary Tools for Alignment Stock analysis

When running Alignment Healthcare price analysis, check to measure Alignment Healthcare'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 Alignment Healthcare is operating at the current time. Most of Alignment Healthcare's value examination focuses on studying past and present price action to predict the probability of Alignment Healthcare's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Alignment Healthcare's price. Additionally, you may evaluate how the addition of Alignment Healthcare to your portfolios can decrease your overall portfolio volatility.
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Is Alignment Healthcare'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 Alignment Healthcare. If investors know Alignment 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 Alignment Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
B
Quarterly Revenue Growth YOY
0.19
Return On Assets
-0.12
Return On Equity
-0.46
The market value of Alignment Healthcare is measured differently than its book value, which is the value of Alignment that is recorded on the company's balance sheet. Investors also form their own opinion of Alignment Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Alignment Healthcare'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 Alignment Healthcare's market value can be influenced by many factors that don't directly affect Alignment Healthcare'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 Alignment Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine Alignment Healthcare value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alignment Healthcare'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.