Hovnanian Enterprises Stock Statistic Functions Beta

HOV Stock  USD 167.50  2.24  1.32%   
Hovnanian Enterprises statistic functions tool provides the execution environment for running the Beta function and other technical functions against Hovnanian Enterprises. Hovnanian Enterprises value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Hovnanian Enterprises statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Hovnanian Enterprises correlated with the market. If Beta is less than 0 Hovnanian Enterprises generally moves in the opposite direction as compared to the market. If Hovnanian Enterprises Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hovnanian Enterprises is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hovnanian Enterprises is generally in the same direction as the market. If Beta > 1 Hovnanian Enterprises moves generally in the same direction as, but more than the movement of the benchmark.

Hovnanian Enterprises Technical Analysis Modules

Most technical analysis of Hovnanian Enterprises 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 Hovnanian from various momentum indicators to cycle indicators. When you analyze Hovnanian charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Hovnanian Enterprises Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hovnanian Enterprises. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hovnanian Enterprises based on widely used predictive technical indicators. In general, we focus on analyzing Hovnanian Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hovnanian Enterprises's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Hovnanian Enterprises's intrinsic value. In addition to deriving basic predictive indicators for Hovnanian Enterprises, we also check how macroeconomic factors affect Hovnanian Enterprises price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
Current Ratio3.724.1
Intangibles To Total Assets0.01170.0111
Hype
Prediction
LowEstimatedHigh
164.76167.95171.14
Details
Intrinsic
Valuation
LowRealHigh
78.9982.18184.25
Details
Naive
Forecast
LowNextHigh
156.29159.49162.68
Details
0 Analysts
Consensus
LowTargetHigh
24.5727.0029.97
Details

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Additional Tools for Hovnanian Stock Analysis

When running Hovnanian Enterprises' price analysis, check to measure Hovnanian Enterprises' 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 Hovnanian Enterprises is operating at the current time. Most of Hovnanian Enterprises' value examination focuses on studying past and present price action to predict the probability of Hovnanian Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hovnanian Enterprises' price. Additionally, you may evaluate how the addition of Hovnanian Enterprises to your portfolios can decrease your overall portfolio volatility.