Hamilton Beach Brands Stock Technical Analysis
HBB Stock | USD 24.36 0.22 0.90% |
As of the 28th of March, Hamilton Beach retains the Risk Adjusted Performance of 0.1089, market risk adjusted performance of 2.51, and Downside Deviation of 3.11. Hamilton Beach 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 have analyzed nineteen technical drivers for Hamilton Beach Brands, which can be compared to its competitors. Please check out Hamilton Beach Brands maximum drawdown, semi variance, and the relationship between the jensen alpha and potential upside to decide if Hamilton Beach is priced fairly, providing market reflects its last-minute price of 24.36 per share. Given that Hamilton Beach Brands has jensen alpha of 0.6023, we strongly advise you to confirm Hamilton Beach Brands's regular market performance to make sure the company can sustain itself at a future point.
Hamilton Beach Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Hamilton, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HamiltonHamilton |
Hamilton Beach Analyst Consensus
Target Price | Advice | # of Analysts | |
13.0 | Strong Sell | 0 | Odds |
Most Hamilton 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 Hamilton stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Hamilton Beach Brands, talking to its executives and customers, or listening to Hamilton conference calls.
Hamilton Analyst Advice DetailsHamilton Beach 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.
Hamilton Beach Brands Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Hamilton Beach Brands volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Hamilton Beach Brands Trend Analysis
Use this graph to draw trend lines for Hamilton Beach Brands. You can use it to identify possible trend reversals for Hamilton Beach 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 Hamilton Beach price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Hamilton Beach Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Hamilton Beach Brands applied against its price change over selected period. The best fit line has a slop of 0.07 , which may imply that Hamilton Beach Brands will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 190.11, which is the sum of squared deviations for the predicted Hamilton Beach price change compared to its average price change.About Hamilton Beach 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 Hamilton Beach Brands 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 Hamilton Beach Brands based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Hamilton Beach Brands price pattern first instead of the macroeconomic environment surrounding Hamilton Beach Brands. By analyzing Hamilton Beach'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 Hamilton Beach'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 Hamilton Beach specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Price To Sales Ratio | 0.3 | 0.27 | 0.39 | 0.46 | Price Earnings Ratio | 9.35 | 6.85 | 9.73 | 14.47 |
Hamilton Beach March 28, 2024 Technical Indicators
Most technical analysis of Hamilton 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 Hamilton from various momentum indicators to cycle indicators. When you analyze Hamilton 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 | 0.1089 | |||
Market Risk Adjusted Performance | 2.51 | |||
Mean Deviation | 2.51 | |||
Semi Deviation | 2.56 | |||
Downside Deviation | 3.11 | |||
Coefficient Of Variation | 552.74 | |||
Standard Deviation | 3.56 | |||
Variance | 12.66 | |||
Information Ratio | 0.1432 | |||
Jensen Alpha | 0.6023 | |||
Total Risk Alpha | (0.16) | |||
Sortino Ratio | 0.1636 | |||
Treynor Ratio | 2.5 | |||
Maximum Drawdown | 20.34 | |||
Value At Risk | (5.65) | |||
Potential Upside | 6.51 | |||
Downside Variance | 9.7 | |||
Semi Variance | 6.57 | |||
Expected Short fall | (2.89) | |||
Skewness | 0.8082 | |||
Kurtosis | 2.84 |
Hamilton Beach March 28, 2024 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 Hamilton 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.
Accumulation Distribution | 796.32 | ||
Daily Balance Of Power | (0.26) | ||
Rate Of Daily Change | 0.99 | ||
Day Median Price | 24.14 | ||
Day Typical Price | 24.21 | ||
Price Action Indicator | 0.11 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hamilton Beach Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Hamilton Beach Brands information on this page should be used as a complementary analysis to other Hamilton Beach'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 the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for Hamilton Stock analysis
When running Hamilton Beach's price analysis, check to measure Hamilton Beach'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 Hamilton Beach is operating at the current time. Most of Hamilton Beach's value examination focuses on studying past and present price action to predict the probability of Hamilton Beach's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hamilton Beach's price. Additionally, you may evaluate how the addition of Hamilton Beach to your portfolios can decrease your overall portfolio volatility.
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Is Hamilton Beach'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 Hamilton Beach. If investors know Hamilton 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 Hamilton Beach 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 1.744 | Dividend Share 0.435 | Earnings Share 1.8 | Revenue Per Share 44.573 | Quarterly Revenue Growth 0.053 |
The market value of Hamilton Beach Brands is measured differently than its book value, which is the value of Hamilton that is recorded on the company's balance sheet. Investors also form their own opinion of Hamilton Beach's value that differs from its market value or its book value, called intrinsic value, which is Hamilton Beach'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 Hamilton Beach's market value can be influenced by many factors that don't directly affect Hamilton Beach'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 Hamilton Beach's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hamilton Beach is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hamilton Beach'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.