Hamat (Israel) Technical Analysis

HAMAT Stock  ILS 1,276  12.00  0.93%   
As of the 28th of March, Hamat retains the Market Risk Adjusted Performance of (0.56), risk adjusted performance of 0.0727, and Downside Deviation of 2.16. Hamat 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. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Hamat Group, which can be compared to its competitors. Please check out Hamat Group coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if Hamat is priced fairly, providing market reflects its last-minute price of 1276.0 per share.

Hamat Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Hamat, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Hamat
  
Hamat'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.
Hamat 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 Hamat technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hamat 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...

Hamat Group Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Hamat Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Hamat Group Trend Analysis

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

Hamat Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Hamat Group applied against its price change over selected period. The best fit line has a slop of   5.25  , which means Hamat Group will continue producing value for investors. It has 122 observation points and a regression sum of squares at 1042201.66, which is the sum of squared deviations for the predicted Hamat price change compared to its average price change.

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

Hamat March 28, 2024 Technical Indicators

Most technical analysis of Hamat 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 Hamat from various momentum indicators to cycle indicators. When you analyze Hamat 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.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hamat Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Hamat Stock analysis

When running Hamat's price analysis, check to measure Hamat'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 Hamat is operating at the current time. Most of Hamat's value examination focuses on studying past and present price action to predict the probability of Hamat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hamat's price. Additionally, you may evaluate how the addition of Hamat to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Hamat's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hamat is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hamat'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.