Signet Jewelers Stock Technical Analysis
| SIG Stock | USD 102.60 2.43 2.43% |
As of the 25th of November, Signet Jewelers has the Semi Deviation of 2.0, risk adjusted performance of 0.1414, and Coefficient Of Variation of 570.99. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Signet Jewelers, as well as the relationship between them. Please validate Signet Jewelers information ratio, as well as the relationship between the value at risk and expected short fall to decide if Signet Jewelers is priced more or less accurately, providing market reflects its prevalent price of 102.6 per share. Given that Signet Jewelers has jensen alpha of 0.2348, we advise you to double-check Signet Jewelers's current market performance to make sure the company can sustain itself at a future point.
Signet Jewelers Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Signet, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SignetSignet |
Signet Jewelers Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 88.0 | Buy | 6 | Odds |
Most Signet 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 Signet stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Signet Jewelers, talking to its executives and customers, or listening to Signet conference calls.
Signet Jewelers 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.
Signet Jewelers 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 Signet Jewelers volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Signet Jewelers Trend Analysis
Use this graph to draw trend lines for Signet Jewelers. You can use it to identify possible trend reversals for Signet Jewelers 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 Signet Jewelers price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Signet Jewelers Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Signet Jewelers applied against its price change over selected period. The best fit line has a slop of 0.23 , which may imply that Signet Jewelers will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 1940.77, which is the sum of squared deviations for the predicted Signet Jewelers price change compared to its average price change.About Signet Jewelers 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 Signet Jewelers 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 Signet Jewelers based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Signet Jewelers price pattern first instead of the macroeconomic environment surrounding Signet Jewelers. By analyzing Signet Jewelers'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 Signet Jewelers'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 Signet Jewelers specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2010 | 2014 | 2020 | 2024 (projected) | Dividend Yield | 0.00721 | 0.0864 | 0.0162 | 0.005715 | Price To Sales Ratio | 1.52 | 0.2 | 0.63 | 1.69 |
Signet Jewelers November 25, 2024 Technical Indicators
Most technical analysis of Signet 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 Signet from various momentum indicators to cycle indicators. When you analyze Signet 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 | 0.1414 | |||
| Market Risk Adjusted Performance | 0.2657 | |||
| Mean Deviation | 1.79 | |||
| Semi Deviation | 2.0 | |||
| Downside Deviation | 2.21 | |||
| Coefficient Of Variation | 570.99 | |||
| Standard Deviation | 2.6 | |||
| Variance | 6.75 | |||
| Information Ratio | 0.1248 | |||
| Jensen Alpha | 0.2348 | |||
| Total Risk Alpha | 0.0359 | |||
| Sortino Ratio | 0.1464 | |||
| Treynor Ratio | 0.2557 | |||
| Maximum Drawdown | 19.25 | |||
| Value At Risk | (3.42) | |||
| Potential Upside | 4.34 | |||
| Downside Variance | 4.9 | |||
| Semi Variance | 3.98 | |||
| Expected Short fall | (2.13) | |||
| Skewness | 0.7154 | |||
| Kurtosis | 5.11 |
Complementary Tools for Signet Stock analysis
When running Signet Jewelers' price analysis, check to measure Signet Jewelers' 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 Signet Jewelers is operating at the current time. Most of Signet Jewelers' value examination focuses on studying past and present price action to predict the probability of Signet Jewelers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Signet Jewelers' price. Additionally, you may evaluate how the addition of Signet Jewelers to your portfolios can decrease your overall portfolio volatility.
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