Amarin Plc Stock Technical Analysis
| AMRN Stock | USD 0.55 0.02 3.77% |
As of the 9th of January, Amarin PLC shows the risk adjusted performance of (0.01), and Mean Deviation of 2.84. Amarin PLC 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.
Amarin PLC Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Amarin, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AmarinAmarin |
Amarin PLC Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 1.0 | Hold | 3 | Odds |
Most Amarin 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 Amarin stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Amarin PLC, talking to its executives and customers, or listening to Amarin conference calls.
Amarin PLC 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.
Amarin PLC Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. 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 Amarin PLC volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Amarin PLC Trend Analysis
Use this graph to draw trend lines for Amarin PLC. You can use it to identify possible trend reversals for Amarin PLC 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 Amarin PLC price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Amarin PLC Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Amarin PLC applied against its price change over selected period. The best fit line has a slop of 0.0021 , which may suggest that Amarin PLC market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.17, which is the sum of squared deviations for the predicted Amarin PLC price change compared to its average price change.About Amarin PLC 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 Amarin PLC 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 Amarin PLC based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Amarin PLC price pattern first instead of the macroeconomic environment surrounding Amarin PLC. By analyzing Amarin PLC'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 Amarin PLC'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 Amarin PLC specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2022 | 2023 | 2024 | 2025 (projected) | Payables Turnover | 1.96 | 2.68 | 3.08 | 2.81 | Days Of Inventory On Hand | 658.89 | 667.71 | 600.94 | 630.99 |
Amarin PLC January 9, 2025 Technical Indicators
Most technical analysis of Amarin 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 Amarin from various momentum indicators to cycle indicators. When you analyze Amarin 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 | (0.15) | |||
| Mean Deviation | 2.84 | |||
| Coefficient Of Variation | (4,058) | |||
| Standard Deviation | 3.68 | |||
| Variance | 13.54 | |||
| Information Ratio | (0.03) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.16) | |||
| Maximum Drawdown | 17.39 | |||
| Value At Risk | (5.66) | |||
| Potential Upside | 6.12 | |||
| Skewness | 0.5157 | |||
| Kurtosis | 0.6865 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amarin PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Amarin Stock, please use our How to Invest in Amarin PLC guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Biotechnology space 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 Amarin PLC. If investors know Amarin 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 Amarin PLC 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 (0.94) | Earnings Share (0.10) | Revenue Per Share | Quarterly Revenue Growth (0.36) | Return On Assets |
The market value of Amarin PLC is measured differently than its book value, which is the value of Amarin that is recorded on the company's balance sheet. Investors also form their own opinion of Amarin PLC's value that differs from its market value or its book value, called intrinsic value, which is Amarin PLC'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 Amarin PLC's market value can be influenced by many factors that don't directly affect Amarin PLC'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 Amarin PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amarin PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amarin PLC'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.