Newell Brands Stock Technical Analysis
| NWL Stock | USD 9.12 0.18 2.01% |
As of the 25th of November, Newell Brands secures the Downside Deviation of 2.23, mean deviation of 2.21, and Risk Adjusted Performance of 0.0948. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Newell Brands, as well as the relationship between them. Please verify Newell Brands jensen alpha and downside variance to decide if Newell Brands is priced some-what accurately, providing market reflects its recent price of 9.12 per share. Given that Newell Brands has jensen alpha of 0.3473, we recommend you to check Newell Brands's last-minute market performance to make sure the company can sustain itself at a future point.
Newell Brands Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Newell, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NewellNewell |
Newell Brands Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 11.75 | Buy | 12 | Odds |
Most Newell 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 Newell stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Newell Brands, talking to its executives and customers, or listening to Newell conference calls.
Newell Brands 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.
Newell Brands 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 Newell Brands volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Newell Brands Trend Analysis
Use this graph to draw trend lines for Newell Brands. You can use it to identify possible trend reversals for Newell Brands 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 Newell Brands price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Newell Brands Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Newell Brands applied against its price change over selected period. The best fit line has a slop of 0.04 , which may imply that Newell Brands will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 49.83, which is the sum of squared deviations for the predicted Newell Brands price change compared to its average price change.About Newell Brands 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 Newell Brands 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 Newell Brands based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Newell Brands price pattern first instead of the macroeconomic environment surrounding Newell Brands. By analyzing Newell Brands'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 Newell Brands'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 Newell Brands specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0424 | 0.0708 | 0.0512 | 0.0538 | Price To Sales Ratio | 0.88 | 0.57 | 0.44 | 0.42 |
Newell Brands November 25, 2024 Technical Indicators
Most technical analysis of Newell 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 Newell from various momentum indicators to cycle indicators. When you analyze Newell 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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| Volume Indicators |
| Risk Adjusted Performance | 0.0948 | |||
| Market Risk Adjusted Performance | 0.8739 | |||
| Mean Deviation | 2.21 | |||
| Semi Deviation | 1.98 | |||
| Downside Deviation | 2.23 | |||
| Coefficient Of Variation | 882.88 | |||
| Standard Deviation | 3.65 | |||
| Variance | 13.34 | |||
| Information Ratio | 0.0775 | |||
| Jensen Alpha | 0.3473 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.1267 | |||
| Treynor Ratio | 0.8639 | |||
| Maximum Drawdown | 27.25 | |||
| Value At Risk | (2.79) | |||
| Potential Upside | 5.38 | |||
| Downside Variance | 4.98 | |||
| Semi Variance | 3.91 | |||
| Expected Short fall | (2.75) | |||
| Skewness | 3.17 | |||
| Kurtosis | 17.15 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newell Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more information on how to buy Newell Stock please use our How to buy in Newell Stock guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Housewares & Specialties space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Newell Brands. If investors know Newell will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Newell Brands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.71 | Dividend Share 0.28 | Earnings Share (0.60) | Revenue Per Share 18.576 | Quarterly Revenue Growth (0.05) |
The market value of Newell Brands is measured differently than its book value, which is the value of Newell that is recorded on the company's balance sheet. Investors also form their own opinion of Newell Brands' value that differs from its market value or its book value, called intrinsic value, which is Newell Brands' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Newell Brands' market value can be influenced by many factors that don't directly affect Newell Brands' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Newell Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Newell Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newell Brands' 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.