Hubbell Stock Math Transform Inverse Tangent Over Price Movement

HUBB Stock  USD 463.86  3.05  0.66%   
Hubbell math transform tool provides the execution environment for running the Inverse Tangent Over Price Movement transformation and other technical functions against Hubbell. Hubbell 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 math transform indicators. As with most other technical indicators, the Inverse Tangent Over Price Movement transformation function is designed to identify and follow existing trends. Analysts that use price transformation techniques rely on the belief that biggest profits from investing in Hubbell can be made when Hubbell shifts in price trends from positive to negative or vice versa.

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Hubbell Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Hubbell price patterns.

Hubbell Technical Analysis Modules

Most technical analysis of Hubbell 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 Hubbell from various momentum indicators to cycle indicators. When you analyze Hubbell 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 Hubbell 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 Hubbell. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hubbell based on widely used predictive technical indicators. In general, we focus on analyzing Hubbell Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hubbell's daily price indicators and compare them against related drivers, such as math transform 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 Hubbell's intrinsic value. In addition to deriving basic predictive indicators for Hubbell, we also check how macroeconomic factors affect Hubbell price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.01920.01820.01390.0132
Price To Sales Ratio2.72.553.283.45
Hype
Prediction
LowEstimatedHigh
417.47466.97468.78
Details
Intrinsic
Valuation
LowRealHigh
406.68408.49510.25
Details
Naive
Forecast
LowNextHigh
456.62458.43460.24
Details
14 Analysts
Consensus
LowTargetHigh
307.73338.17375.37
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hubbell. Your research has to be compared to or analyzed against Hubbell's peers to derive any actionable benefits. When done correctly, Hubbell's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Hubbell.

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As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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Hubbell pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Hubbell position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Hubbell will appreciate offsetting losses from the drop in the long position's value.

Hubbell Pair Trading

Hubbell Pair Trading Analysis

The ability to find closely correlated positions to Hubbell could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hubbell when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hubbell - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hubbell to buy it.
The correlation of Hubbell is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hubbell moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hubbell moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hubbell can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Hubbell offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hubbell's 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 Hubbell Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hubbell Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hubbell. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Hubbell Stock refer to our How to Trade Hubbell Stock guide.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Electrical Components & Equipment space 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 Hubbell. If investors know Hubbell 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 Hubbell 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
0.095
Dividend Share
4.88
Earnings Share
13.87
Revenue Per Share
105.077
Quarterly Revenue Growth
0.049
The market value of Hubbell is measured differently than its book value, which is the value of Hubbell that is recorded on the company's balance sheet. Investors also form their own opinion of Hubbell's value that differs from its market value or its book value, called intrinsic value, which is Hubbell's 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 Hubbell's market value can be influenced by many factors that don't directly affect Hubbell's 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 Hubbell's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hubbell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hubbell's 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.