Spectrum Brands Holdings Stock Technical Analysis

SPB Stock  USD 88.91  0.65  0.74%   
As of the 28th of March, Spectrum Brands has the Risk Adjusted Performance of 0.0634, coefficient of variation of 978.52, and Semi Deviation of 1.27. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Spectrum Brands Holdings, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Spectrum Brands Holdings, which can be compared to its competition. Please validate Spectrum Brands Holdings variance, as well as the relationship between the maximum drawdown and semi variance to decide if Spectrum Brands is priced more or less accurately, providing market reflects its prevalent price of 88.91 per share. Given that Spectrum Brands Holdings has jensen alpha of 0.0203, we advise you to double-check Spectrum Brands Holdings's current market performance to make sure the company can sustain itself at a future point.

Spectrum Brands Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Spectrum, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Spectrum
  
Spectrum Brands' 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.

Spectrum Brands Analyst Consensus

Target PriceAdvice# of Analysts
91.63Buy10Odds
Spectrum Brands Holdings current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Spectrum 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 Spectrum stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Spectrum Brands Holdings, talking to its executives and customers, or listening to Spectrum conference calls.
Spectrum Analyst Advice Details
Spectrum Brands 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 Spectrum Brands technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Spectrum Brands 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...

Spectrum Brands Holdings 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 Spectrum Brands Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Spectrum Brands Holdings Trend Analysis

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

Spectrum Brands Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Spectrum Brands Holdings applied against its price change over selected period. The best fit line has a slop of   0.15  , which may imply that Spectrum Brands Holdings will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 870.49, which is the sum of squared deviations for the predicted Spectrum Brands price change compared to its average price change.

About Spectrum Brands 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 Spectrum Brands Holdings 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 Spectrum Brands Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Spectrum Brands Holdings price pattern first instead of the macroeconomic environment surrounding Spectrum Brands Holdings. By analyzing Spectrum Brands'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 Spectrum Brands'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 Spectrum Brands specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.0430.02380.02150.0165
Price To Sales Ratio0.510.960.990.58

Spectrum Brands March 28, 2024 Technical Indicators

Most technical analysis of Spectrum 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 Spectrum from various momentum indicators to cycle indicators. When you analyze Spectrum 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.

Spectrum Brands 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 Spectrum 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.
When determining whether Spectrum Brands Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Spectrum Brands' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Spectrum Brands Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Spectrum Brands Holdings Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spectrum Brands Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

Complementary Tools for Spectrum Stock analysis

When running Spectrum Brands' price analysis, check to measure Spectrum Brands' 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 Spectrum Brands is operating at the current time. Most of Spectrum Brands' value examination focuses on studying past and present price action to predict the probability of Spectrum Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spectrum Brands' price. Additionally, you may evaluate how the addition of Spectrum Brands to your portfolios can decrease your overall portfolio volatility.
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Is Spectrum Brands' 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 Spectrum Brands. If investors know Spectrum 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 Spectrum Brands 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
0.263
Dividend Share
1.68
Earnings Share
(4.42)
Revenue Per Share
76.709
Quarterly Revenue Growth
(0.03)
The market value of Spectrum Brands Holdings is measured differently than its book value, which is the value of Spectrum that is recorded on the company's balance sheet. Investors also form their own opinion of Spectrum Brands' value that differs from its market value or its book value, called intrinsic value, which is Spectrum Brands' 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 Spectrum Brands' market value can be influenced by many factors that don't directly affect Spectrum Brands' 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 Spectrum Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Spectrum Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spectrum Brands' 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.