Boston Scientific Corp Stock Technical Analysis
| BSX Stock | USD 90.66 0.09 0.1% |
As of the 1st of December, Boston Scientific shows the Mean Deviation of 0.7392, risk adjusted performance of 0.1591, and Downside Deviation of 0.8609. Boston Scientific Corp 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.
Boston Scientific Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Boston, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BostonBoston |
Boston Scientific Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 61.18 | Strong Buy | 33 | Odds |
Most Boston 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 Boston stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Boston Scientific Corp, talking to its executives and customers, or listening to Boston conference calls.
Boston Scientific 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.
Boston Scientific Corp Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-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 Boston Scientific Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Boston Scientific Corp Trend Analysis
Use this graph to draw trend lines for Boston Scientific Corp. You can use it to identify possible trend reversals for Boston Scientific 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 Boston Scientific price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Boston Scientific Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Boston Scientific Corp applied against its price change over selected period. The best fit line has a slop of 0.13 , which may imply that Boston Scientific Corp will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 611.84, which is the sum of squared deviations for the predicted Boston Scientific price change compared to its average price change.About Boston Scientific 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 Boston Scientific Corp 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 Boston Scientific Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Boston Scientific Corp price pattern first instead of the macroeconomic environment surrounding Boston Scientific Corp. By analyzing Boston Scientific'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 Boston Scientific'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 Boston Scientific specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 9.1E-4 | 8.31E-4 | 3.33E-4 | 3.17E-4 | Price To Sales Ratio | 5.08 | 5.22 | 5.9 | 4.58 |
Boston Scientific December 1, 2024 Technical Indicators
Most technical analysis of Boston 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 Boston from various momentum indicators to cycle indicators. When you analyze Boston 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 | 0.1591 | |||
| Market Risk Adjusted Performance | 0.4879 | |||
| Mean Deviation | 0.7392 | |||
| Semi Deviation | 0.6301 | |||
| Downside Deviation | 0.8609 | |||
| Coefficient Of Variation | 487.5 | |||
| Standard Deviation | 0.9929 | |||
| Variance | 0.9859 | |||
| Information Ratio | 0.0665 | |||
| Jensen Alpha | 0.142 | |||
| Total Risk Alpha | 0.0279 | |||
| Sortino Ratio | 0.0767 | |||
| Treynor Ratio | 0.4779 | |||
| Maximum Drawdown | 5.62 | |||
| Value At Risk | (1.19) | |||
| Potential Upside | 1.58 | |||
| Downside Variance | 0.7411 | |||
| Semi Variance | 0.397 | |||
| Expected Short fall | (0.84) | |||
| Skewness | 0.5133 | |||
| Kurtosis | 2.68 |
Additional Tools for Boston Stock Analysis
When running Boston Scientific's price analysis, check to measure Boston Scientific'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 Boston Scientific is operating at the current time. Most of Boston Scientific's value examination focuses on studying past and present price action to predict the probability of Boston Scientific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boston Scientific's price. Additionally, you may evaluate how the addition of Boston Scientific to your portfolios can decrease your overall portfolio volatility.