Hormel Foods (Germany) Technical Analysis
HO7 Stock | EUR 31.28 0.48 1.56% |
As of the 12th of December 2024, Hormel Foods retains the Risk Adjusted Performance of 0.0686, market risk adjusted performance of 0.2737, and Downside Deviation of 1.35. Hormel Foods technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Hormel Foods information ratio, treynor ratio, value at risk, as well as the relationship between the jensen alpha and maximum drawdown to decide if Hormel Foods is priced fairly, providing market reflects its last-minute price of 31.28 per share.
Hormel Foods Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Hormel, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HormelHormel |
Hormel Foods 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.
Hormel Foods Technical Analysis
The output start index for this execution was fourty-two with a total number of output elements of nineteen. 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 Hormel Foods volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Hormel Foods Trend Analysis
Use this graph to draw trend lines for Hormel Foods. You can use it to identify possible trend reversals for Hormel Foods 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 Hormel Foods price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Hormel Foods Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Hormel Foods applied against its price change over selected period. The best fit line has a slop of 0.04 , which means Hormel Foods will continue generating value for investors. It has 122 observation points and a regression sum of squares at 54.58, which is the sum of squared deviations for the predicted Hormel Foods price change compared to its average price change.About Hormel Foods 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 Hormel Foods 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 Hormel Foods based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Hormel Foods price pattern first instead of the macroeconomic environment surrounding Hormel Foods. By analyzing Hormel Foods'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 Hormel Foods'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 Hormel Foods specific price patterns or momentum indicators. Please read more on our technical analysis page.
Hormel Foods December 12, 2024 Technical Indicators
Most technical analysis of Hormel 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 Hormel from various momentum indicators to cycle indicators. When you analyze Hormel 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 | 0.0686 | |||
Market Risk Adjusted Performance | 0.2737 | |||
Mean Deviation | 1.01 | |||
Semi Deviation | 1.24 | |||
Downside Deviation | 1.35 | |||
Coefficient Of Variation | 1127.56 | |||
Standard Deviation | 1.33 | |||
Variance | 1.78 | |||
Information Ratio | (0) | |||
Jensen Alpha | 0.0613 | |||
Total Risk Alpha | (0.10) | |||
Sortino Ratio | (0) | |||
Treynor Ratio | 0.2637 | |||
Maximum Drawdown | 6.88 | |||
Value At Risk | (2.20) | |||
Potential Upside | 2.26 | |||
Downside Variance | 1.83 | |||
Semi Variance | 1.54 | |||
Expected Short fall | (1.07) | |||
Skewness | (0.24) | |||
Kurtosis | 1.01 |
Complementary Tools for Hormel Stock analysis
When running Hormel Foods' price analysis, check to measure Hormel Foods' 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 Hormel Foods is operating at the current time. Most of Hormel Foods' value examination focuses on studying past and present price action to predict the probability of Hormel Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hormel Foods' price. Additionally, you may evaluate how the addition of Hormel Foods to your portfolios can decrease your overall portfolio volatility.
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |