Hour Loop Stock Technical Analysis
| HOUR Stock | USD 1.49 0.02 1.36% |
As of the 25th of November, Hour Loop retains the Downside Deviation of 4.18, market risk adjusted performance of 0.3435, and Risk Adjusted Performance of 0.0436. Hour Loop 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 Hour Loop information ratio and downside variance to decide if Hour Loop is priced fairly, providing market reflects its last-minute price of 1.49 per share. Please also validate Hour Loop total risk alpha, which is currently at (0.54) to confirm the company can sustain itself at a future point.
Hour Loop Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Hour, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HourHour |
Hour Loop Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 1.75 | Hold | 1 | Odds |
Most Hour 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 Hour stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Hour Loop, talking to its executives and customers, or listening to Hour conference calls.
Hour Loop 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.
Hour Loop Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Hour Loop volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Hour Loop Trend Analysis
Use this graph to draw trend lines for Hour Loop. You can use it to identify possible trend reversals for Hour Loop 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 Hour Loop price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Hour Loop Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Hour Loop applied against its price change over selected period. The best fit line has a slop of 0 , which means Hour Loop will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.39, which is the sum of squared deviations for the predicted Hour Loop price change compared to its average price change.About Hour Loop 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 Hour Loop 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 Hour Loop based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Hour Loop price pattern first instead of the macroeconomic environment surrounding Hour Loop. By analyzing Hour Loop'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 Hour Loop'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 Hour Loop specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2023 | 2024 (projected) | Dividend Yield | 0.008013 | 0.007212 | 0.007572 | Price To Sales Ratio | 4.24 | 0.37 | 0.35 |
Hour Loop November 25, 2024 Technical Indicators
Most technical analysis of Hour 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 Hour from various momentum indicators to cycle indicators. When you analyze Hour 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 | 0.0436 | |||
| Market Risk Adjusted Performance | 0.3435 | |||
| Mean Deviation | 2.51 | |||
| Semi Deviation | 3.59 | |||
| Downside Deviation | 4.18 | |||
| Coefficient Of Variation | 2178.95 | |||
| Standard Deviation | 4.77 | |||
| Variance | 22.78 | |||
| Information Ratio | 0.0185 | |||
| Jensen Alpha | 0.1333 | |||
| Total Risk Alpha | (0.54) | |||
| Sortino Ratio | 0.0211 | |||
| Treynor Ratio | 0.3335 | |||
| Maximum Drawdown | 42.64 | |||
| Value At Risk | (5.16) | |||
| Potential Upside | 4.4 | |||
| Downside Variance | 17.48 | |||
| Semi Variance | 12.89 | |||
| Expected Short fall | (2.73) | |||
| Skewness | 3.38 | |||
| Kurtosis | 23.71 |
Additional Tools for Hour Stock Analysis
When running Hour Loop's price analysis, check to measure Hour Loop'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 Hour Loop is operating at the current time. Most of Hour Loop's value examination focuses on studying past and present price action to predict the probability of Hour Loop's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hour Loop's price. Additionally, you may evaluate how the addition of Hour Loop to your portfolios can decrease your overall portfolio volatility.