Snap On Stock Technical Analysis
| SNA Stock | USD 369.23 2.12 0.57% |
As of the 28th of November, Snap On has the Standard Deviation of 1.66, risk adjusted performance of 0.204, and Downside Deviation of 0.767. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Snap On, as well as the relationship between them.
Snap On Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Snap, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SnapSnap |
Snap On Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 265.57 | Hold | 12 | Odds |
Most Snap 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 Snap stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Snap On, talking to its executives and customers, or listening to Snap conference calls.
Snap On 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.
Snap On 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 Snap On volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Snap On Trend Analysis
Use this graph to draw trend lines for Snap On. You can use it to identify possible trend reversals for Snap On 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 Snap On price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Snap On Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Snap On applied against its price change over selected period. The best fit line has a slop of 1.84 , which may imply that Snap On will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 128633.39, which is the sum of squared deviations for the predicted Snap On price change compared to its average price change.About Snap On 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 Snap On 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 Snap On based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Snap On price pattern first instead of the macroeconomic environment surrounding Snap On. By analyzing Snap On'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 Snap On'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 Snap On specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2016 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0148 | 0.0258 | 0.0296 | 0.0279 | Price To Sales Ratio | 2.9 | 2.71 | 2.44 | 1.3 |
Snap On November 28, 2024 Technical Indicators
Most technical analysis of Snap 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 Snap from various momentum indicators to cycle indicators. When you analyze Snap 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 | 0.204 | |||
| Market Risk Adjusted Performance | 0.3415 | |||
| Mean Deviation | 0.9801 | |||
| Downside Deviation | 0.767 | |||
| Coefficient Of Variation | 385.79 | |||
| Standard Deviation | 1.66 | |||
| Variance | 2.76 | |||
| Information Ratio | 0.1837 | |||
| Jensen Alpha | 0.2743 | |||
| Total Risk Alpha | 0.1705 | |||
| Sortino Ratio | 0.3981 | |||
| Treynor Ratio | 0.3315 | |||
| Maximum Drawdown | 10.93 | |||
| Value At Risk | (0.96) | |||
| Potential Upside | 2.08 | |||
| Downside Variance | 0.5883 | |||
| Semi Variance | (0.03) | |||
| Expected Short fall | (1.26) | |||
| Skewness | 3.49 | |||
| Kurtosis | 17.64 |
Complementary Tools for Snap Stock analysis
When running Snap On's price analysis, check to measure Snap On'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 Snap On is operating at the current time. Most of Snap On's value examination focuses on studying past and present price action to predict the probability of Snap On's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Snap On's price. Additionally, you may evaluate how the addition of Snap On to your portfolios can decrease your overall portfolio volatility.
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