Hammond Power Solutions Stock Technical Analysis
HMDPF Stock | USD 96.63 4.48 4.43% |
As of the 4th of December, Hammond Power retains the Risk Adjusted Performance of 0.0366, market risk adjusted performance of 0.0954, and Downside Deviation of 4.69. Hammond Power 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. Please check out Hammond Power Solutions jensen alpha, as well as the relationship between the potential upside and skewness to decide if Hammond Power is priced fairly, providing market reflects its last-minute price of 96.63 per share. Given that Hammond Power Solutions has jensen alpha of (0.02), we strongly advise you to confirm Hammond Power Solutions's regular market performance to make sure the company can sustain itself at a future point.
Hammond Power Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Hammond, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HammondHammond |
Hammond Power technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Hammond Power Solutions Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 Hammond Power Solutions volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Hammond Power Solutions Trend Analysis
Use this graph to draw trend lines for Hammond Power Solutions. You can use it to identify possible trend reversals for Hammond Power 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 Hammond Power price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Hammond Power Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Hammond Power Solutions applied against its price change over selected period. The best fit line has a slop of 0.09 , which may suggest that Hammond Power Solutions market price will keep on failing further. It has 122 observation points and a regression sum of squares at 283.33, which is the sum of squared deviations for the predicted Hammond Power price change compared to its average price change.About Hammond Power 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 Hammond Power Solutions 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 Hammond Power Solutions based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Hammond Power Solutions price pattern first instead of the macroeconomic environment surrounding Hammond Power Solutions. By analyzing Hammond Power'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 Hammond Power'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 Hammond Power specific price patterns or momentum indicators. Please read more on our technical analysis page.
Hammond Power December 4, 2024 Technical Indicators
Most technical analysis of Hammond 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 Hammond from various momentum indicators to cycle indicators. When you analyze Hammond 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 | 0.0366 | |||
Market Risk Adjusted Performance | 0.0954 | |||
Mean Deviation | 2.08 | |||
Semi Deviation | 3.13 | |||
Downside Deviation | 4.69 | |||
Coefficient Of Variation | 2631.75 | |||
Standard Deviation | 3.22 | |||
Variance | 10.35 | |||
Information Ratio | 0.0028 | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.32) | |||
Sortino Ratio | 0.0019 | |||
Treynor Ratio | 0.0854 | |||
Maximum Drawdown | 18.31 | |||
Value At Risk | (5.39) | |||
Potential Upside | 4.72 | |||
Downside Variance | 21.99 | |||
Semi Variance | 9.77 | |||
Expected Short fall | (2.76) | |||
Skewness | (1.14) | |||
Kurtosis | 3.36 |
Complementary Tools for Hammond Pink Sheet analysis
When running Hammond Power's price analysis, check to measure Hammond Power'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 Hammond Power is operating at the current time. Most of Hammond Power's value examination focuses on studying past and present price action to predict the probability of Hammond Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hammond Power's price. Additionally, you may evaluate how the addition of Hammond Power to your portfolios can decrease your overall portfolio volatility.
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