Polaris Industries Stock Technical Analysis
| PII Stock | USD 67.95 1.03 1.54% |
As of the 25th of November, Polaris Industries holds the Coefficient Of Variation of (822.84), risk adjusted performance of (0.09), and Variance of 4.7. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Polaris Industries, as well as the relationship between them.
Polaris Industries Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Polaris, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PolarisPolaris |
Polaris Industries Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 121.46 | Buy | 18 | Odds |
Most Polaris 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 Polaris stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Polaris Industries, talking to its executives and customers, or listening to Polaris conference calls.
Polaris Industries 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.
Polaris Industries 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 Polaris Industries volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Polaris Industries Trend Analysis
Use this graph to draw trend lines for Polaris Industries. You can use it to identify possible trend reversals for Polaris Industries 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 Polaris Industries price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Polaris Industries Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Polaris Industries applied against its price change over selected period. The best fit line has a slop of 0.32 , which may imply that the returns on investment in Polaris Industries will continue to fail. It has 122 observation points and a regression sum of squares at 3833.56, which is the sum of squared deviations for the predicted Polaris Industries price change compared to its average price change.About Polaris Industries 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 Polaris Industries 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 Polaris Industries based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Polaris Industries price pattern first instead of the macroeconomic environment surrounding Polaris Industries. By analyzing Polaris Industries'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 Polaris Industries'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 Polaris Industries specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0228 | 0.025 | 0.0272 | 0.0452 | Price To Sales Ratio | 0.82 | 0.7 | 0.61 | 0.86 |
Polaris Industries November 25, 2024 Technical Indicators
Most technical analysis of Polaris 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 Polaris from various momentum indicators to cycle indicators. When you analyze Polaris 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 | (0.09) | |||
| Market Risk Adjusted Performance | (0.20) | |||
| Mean Deviation | 1.52 | |||
| Coefficient Of Variation | (822.84) | |||
| Standard Deviation | 2.17 | |||
| Variance | 4.7 | |||
| Information Ratio | (0.18) | |||
| Jensen Alpha | (0.43) | |||
| Total Risk Alpha | (0.61) | |||
| Treynor Ratio | (0.21) | |||
| Maximum Drawdown | 14.62 | |||
| Value At Risk | (3.06) | |||
| Potential Upside | 2.85 | |||
| Skewness | (0.99) | |||
| Kurtosis | 5.32 |
Complementary Tools for Polaris Stock analysis
When running Polaris Industries' price analysis, check to measure Polaris Industries' 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 Polaris Industries is operating at the current time. Most of Polaris Industries' value examination focuses on studying past and present price action to predict the probability of Polaris Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Polaris Industries' price. Additionally, you may evaluate how the addition of Polaris Industries to your portfolios can decrease your overall portfolio volatility.
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