Hamilton Technical Analysis

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HBB -- USA Stock  

Report: 29th of July 2020  

As of the 6th of July, Hamilton Beach retains the downside deviation of 5.6, market risk adjusted performance of 0.2634, and risk adjusted performance of 0.1542. 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 were able to break down and interpolate 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 11.35 per share. Given that Hamilton Beach Brands has jensen alpha of (0.014524), 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.

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Target PriceAdvice# of Analysts
15.0Hold1Odds
Hamilton Beach Brands current and past analyst recommendations published by a number of research institutions as well as average analyst consensus. 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 Details
Hamilton 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.
A focus of Hamilton Beach technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hamilton Beach 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...

Hamilton Beach Brands Technical Analysis

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The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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. View also all equity analysis or get more info about average true range volatility indicators indicator.

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   -0.0015  , which may imply that the returns on investment in Hamilton Beach Brands will continue to fail. It has 122 observation points and a regression sum of squares at 0.09, 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 stock 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.
 2017 2018 2019 2020 (projected)
Long Term Debt to Equity0.430.530.640.56
Interest Coverage20.839.8612.3917.26

Hamilton Beach July 6, 2020 Technical Indicators

Most technical analysis of Hamilton stock 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 Performance0.1542
Market Risk Adjusted Performance0.2634
Mean Deviation5.3
Semi Deviation5.32
Downside Deviation5.6
Coefficient Of Variation1449.99
Standard Deviation6.71
Variance44.98
Information Ratio0.0285
Jensen Alpha(0.014524)
Total Risk Alpha(0.37)
Sortino Ratio0.0341
Treynor Ratio0.2534
Maximum Drawdown30.4
Value At Risk(8.99)
Potential Upside12.36
Downside Variance31.38
Semi Variance28.29
Expected Short fall(6.09)
Skewness0.6161
Kurtosis0.1348

Hamilton Beach July 6, 2020 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  663.82  
Daily Balance Of Power  0.37  
Rate Of Daily Change  1.01  
Day Median Price  11.44  
Day Typical Price  11.41  
Price Action Indicator (0.01)  
Please check Risk vs Return Analysis. Please also try 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.
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page