Hillenbrand Stock Technical Analysis

HI Stock  USD 47.31  0.47  1.00%   
As of the 16th of April 2024, Hillenbrand retains the Market Risk Adjusted Performance of 0.0589, risk adjusted performance of 0.0357, and Downside Deviation of 1.97. Hillenbrand 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. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to collect and analyze data for nineteen technical drivers for Hillenbrand, which can be compared to its competitors. Please check out Hillenbrand jensen alpha, as well as the relationship between the potential upside and skewness to decide if Hillenbrand is priced fairly, providing market reflects its last-minute price of 47.31 per share. Given that Hillenbrand has jensen alpha of (0.01), we strongly advise you to confirm Hillenbrand's regular market performance to make sure the company can sustain itself at a future point.

Hillenbrand Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Hillenbrand, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Hillenbrand
  
Hillenbrand's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Hillenbrand Analyst Consensus

Target PriceAdvice# of Analysts
68.67Strong Buy4Odds
Hillenbrand current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Hillenbrand 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 Hillenbrand stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Hillenbrand, talking to its executives and customers, or listening to Hillenbrand conference calls.
Hillenbrand Analyst Advice Details
Hillenbrand 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.
A focus of Hillenbrand technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hillenbrand trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Hillenbrand Technical Analysis

Indicator
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Execute Indicator
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Hillenbrand volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Hillenbrand Trend Analysis

Use this graph to draw trend lines for Hillenbrand. You can use it to identify possible trend reversals for Hillenbrand 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 Hillenbrand price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Hillenbrand Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Hillenbrand applied against its price change over selected period. The best fit line has a slop of   0.06  , which suggests that Hillenbrand will keep on generating value for investors. It has 122 observation points and a regression sum of squares at 124.41, which is the sum of squared deviations for the predicted Hillenbrand price change compared to its average price change.

About Hillenbrand 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 Hillenbrand 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 Hillenbrand based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Hillenbrand price pattern first instead of the macroeconomic environment surrounding Hillenbrand. By analyzing Hillenbrand'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 Hillenbrand'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 Hillenbrand specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.02350.02080.02390.0326
Price To Sales Ratio0.91.050.940.98

Hillenbrand April 16, 2024 Technical Indicators

Most technical analysis of Hillenbrand 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 Hillenbrand from various momentum indicators to cycle indicators. When you analyze Hillenbrand 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.
When determining whether Hillenbrand offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hillenbrand's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hillenbrand Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hillenbrand Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hillenbrand. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Hillenbrand Stock please use our How to Invest in Hillenbrand guide.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

Complementary Tools for Hillenbrand Stock analysis

When running Hillenbrand's price analysis, check to measure Hillenbrand'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 Hillenbrand is operating at the current time. Most of Hillenbrand's value examination focuses on studying past and present price action to predict the probability of Hillenbrand's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hillenbrand's price. Additionally, you may evaluate how the addition of Hillenbrand to your portfolios can decrease your overall portfolio volatility.
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Is Hillenbrand's industry 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 Hillenbrand. If investors know Hillenbrand 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 Hillenbrand 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
(0.62)
Dividend Share
0.883
Earnings Share
1.42
Revenue Per Share
42.036
Quarterly Revenue Growth
0.179
The market value of Hillenbrand is measured differently than its book value, which is the value of Hillenbrand that is recorded on the company's balance sheet. Investors also form their own opinion of Hillenbrand's value that differs from its market value or its book value, called intrinsic value, which is Hillenbrand's 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 Hillenbrand's market value can be influenced by many factors that don't directly affect Hillenbrand's 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 Hillenbrand's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hillenbrand is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hillenbrand's 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.