Hudbay Minerals Stock Momentum Indicators Average Directional Movement Index

HBM Stock  CAD 12.49  0.23  1.88%   
HudBay Minerals momentum indicators tool provides the execution environment for running the Average Directional Movement Index indicator and other technical functions against HudBay Minerals. HudBay Minerals 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 momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index indicator function is designed to identify and follow existing trends. Momentum indicators of HudBay Minerals are pattern recognition functions that provide distinct formation on HudBay Minerals potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was nineteen with a total number of output elements of fourty-two. The average directional index (ADX) measures the strength of a prevailing trend of HudBay Minerals and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low HudBay Minerals ADX value usually indicates a non-trending market with low volumes, whereas a cross above 20 may indicate the start of a trend. If the ADX is over 40 and begins to fall, it can indicate the slowdown of a current trend. This indicator can also be used to identify non-trending markets, or a deterioration of an ongoing trend. Although market direction is important in its calculation, the ADX is not a directional indicator

HudBay Minerals Technical Analysis Modules

Most technical analysis of HudBay Minerals 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 HudBay from various momentum indicators to cycle indicators. When you analyze HudBay 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 HudBay Minerals 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 HudBay Minerals. We use our internally-developed statistical techniques to arrive at the intrinsic value of HudBay Minerals based on widely used predictive technical indicators. In general, we focus on analyzing HudBay Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build HudBay Minerals's daily price indicators and compare them against related drivers, such as momentum indicators 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 HudBay Minerals's intrinsic value. In addition to deriving basic predictive indicators for HudBay Minerals, we also check how macroeconomic factors affect HudBay Minerals 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 Yield0.0021680.0029280.0026010.002471
Price To Sales Ratio1.260.911.020.96
Hype
Prediction
LowEstimatedHigh
9.7412.5115.28
Details
Intrinsic
Valuation
LowRealHigh
7.2410.0112.78
Details
Naive
Forecast
LowNextHigh
9.5412.3215.09
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.120.140.16
Details

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When determining whether HudBay Minerals is a strong investment it is important to analyze HudBay Minerals' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact HudBay Minerals' future performance. For an informed investment choice regarding HudBay Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HudBay Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in HudBay Stock, please use our How to Invest in HudBay Minerals guide.
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Please note, there is a significant difference between HudBay Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if HudBay Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HudBay Minerals' 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.