Baker Hughes Co Stock Technical Analysis
| BKR Stock | USD 44.25 0.63 1.40% |
As of the 25th of November, Baker Hughes shows the Downside Deviation of 1.4, risk adjusted performance of 0.159, and Mean Deviation of 1.3. Baker Hughes technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Baker Hughes information ratio, as well as the relationship between the potential upside and kurtosis to decide if Baker Hughes is priced correctly, providing market reflects its regular price of 44.25 per share. Given that Baker Hughes has jensen alpha of 0.226, we suggest you to validate Baker Hughes Co's prevailing market performance to make sure the company can sustain itself at a future point.
Baker Hughes Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Baker, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BakerBaker |
Baker Hughes Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 40.67 | Strong Buy | 28 | Odds |
Most Baker 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 Baker stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Baker Hughes, talking to its executives and customers, or listening to Baker conference calls.
Baker Hughes 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.
Baker Hughes Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. 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 Baker Hughes volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Baker Hughes Trend Analysis
Use this graph to draw trend lines for Baker Hughes Co. You can use it to identify possible trend reversals for Baker Hughes 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 Baker Hughes price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Baker Hughes Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Baker Hughes Co applied against its price change over selected period. The best fit line has a slop of 0.18 , which may imply that Baker Hughes Co will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 1182.87, which is the sum of squared deviations for the predicted Baker Hughes price change compared to its average price change.About Baker Hughes 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 Baker Hughes Co 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 Baker Hughes Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Baker Hughes price pattern first instead of the macroeconomic environment surrounding Baker Hughes. By analyzing Baker Hughes'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 Baker Hughes'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 Baker Hughes specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0299 | 0.0249 | 0.0228 | 0.0213 | Price To Sales Ratio | 0.97 | 1.38 | 1.35 | 0.75 |
Baker Hughes November 25, 2024 Technical Indicators
Most technical analysis of Baker 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 Baker from various momentum indicators to cycle indicators. When you analyze Baker 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.
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| Math Transform | ||
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| Overlap Studies | ||
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| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.159 | |||
| Market Risk Adjusted Performance | 0.297 | |||
| Mean Deviation | 1.3 | |||
| Semi Deviation | 0.9887 | |||
| Downside Deviation | 1.4 | |||
| Coefficient Of Variation | 501.88 | |||
| Standard Deviation | 2.01 | |||
| Variance | 4.03 | |||
| Information Ratio | 0.1341 | |||
| Jensen Alpha | 0.226 | |||
| Total Risk Alpha | 0.0739 | |||
| Sortino Ratio | 0.1925 | |||
| Treynor Ratio | 0.287 | |||
| Maximum Drawdown | 12.16 | |||
| Value At Risk | (1.52) | |||
| Potential Upside | 3.36 | |||
| Downside Variance | 1.96 | |||
| Semi Variance | 0.9775 | |||
| Expected Short fall | (1.54) | |||
| Skewness | 2.16 | |||
| Kurtosis | 10.46 |
Additional Tools for Baker Stock Analysis
When running Baker Hughes' price analysis, check to measure Baker Hughes' 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 Baker Hughes is operating at the current time. Most of Baker Hughes' value examination focuses on studying past and present price action to predict the probability of Baker Hughes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baker Hughes' price. Additionally, you may evaluate how the addition of Baker Hughes to your portfolios can decrease your overall portfolio volatility.