Hooker Furniture Stock Statistic Functions Beta

HOFT Stock  USD 19.11  0.44  2.36%   
Hooker Furniture statistic functions tool provides the execution environment for running the Beta function and other technical functions against Hooker Furniture. Hooker Furniture 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. Hooker Furniture 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 twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Hooker Furniture correlated with the market. If Beta is less than 0 Hooker Furniture generally moves in the opposite direction as compared to the market. If Hooker Furniture Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hooker Furniture is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hooker Furniture is generally in the same direction as the market. If Beta > 1 Hooker Furniture moves generally in the same direction as, but more than the movement of the benchmark.

Hooker Furniture Technical Analysis Modules

Most technical analysis of Hooker Furniture 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 Hooker from various momentum indicators to cycle indicators. When you analyze Hooker 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 Hooker Furniture 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 Hooker Furniture. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hooker Furniture based on widely used predictive technical indicators. In general, we focus on analyzing Hooker Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hooker Furniture'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 Hooker Furniture's intrinsic value. In addition to deriving basic predictive indicators for Hooker Furniture, we also check how macroeconomic factors affect Hooker Furniture price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2011 2015 2020 2024 (projected)
Dividend Yield0.0220.02540.03580.0214
Price To Sales Ratio0.80.460.620.68
Hype
Prediction
LowEstimatedHigh
15.5318.5121.49
Details
Intrinsic
Valuation
LowRealHigh
16.8021.9124.89
Details
Naive
Forecast
LowNextHigh
14.5817.5620.54
Details
0 Analysts
Consensus
LowTargetHigh
23.6626.0028.86
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hooker Furniture. Your research has to be compared to or analyzed against Hooker Furniture's peers to derive any actionable benefits. When done correctly, Hooker Furniture'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 Hooker Furniture.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hooker Furniture in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hooker Furniture's short interest history, or implied volatility extrapolated from Hooker Furniture options trading.

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Additional Tools for Hooker Stock Analysis

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