Pultegroup Stock Technical Analysis

PHM Stock  USD 112.76  4.93  4.57%   
As of the 24th of April, PulteGroup holds the Semi Deviation of 2.09, coefficient of variation of 2598.52, and Risk Adjusted Performance of 0.0304. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of PulteGroup, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We have analyze and collected data for nineteen technical drivers for PulteGroup, which can be compared to its competitors. Please check PulteGroup standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if PulteGroup is priced some-what accurately, providing market reflects its current price of 112.76 per share. Given that PulteGroup has jensen alpha of (0.09), we recommend you to check out PulteGroup's recent market performance to make sure the company can sustain itself at a future point.

PulteGroup Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as PulteGroup, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PulteGroup
  
PulteGroup'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.

PulteGroup Analyst Consensus

Target PriceAdvice# of Analysts
95.47Strong Buy18Odds
PulteGroup current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most PulteGroup 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 PulteGroup stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of PulteGroup, talking to its executives and customers, or listening to PulteGroup conference calls.
PulteGroup Analyst Advice Details
PulteGroup 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 PulteGroup technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of PulteGroup 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...

PulteGroup Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was eight with a total number of output elements of fifty-three. 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 PulteGroup volatility. High ATR values indicate high volatility, and low values indicate low volatility.

PulteGroup Trend Analysis

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

PulteGroup Best Fit Change Line

The following chart estimates an ordinary least squares regression model for PulteGroup applied against its price change over selected period. The best fit line has a slop of   0.17  , which may imply that PulteGroup will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 1098.52, which is the sum of squared deviations for the predicted PulteGroup price change compared to its average price change.

About PulteGroup 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 PulteGroup 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 PulteGroup based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on PulteGroup price pattern first instead of the macroeconomic environment surrounding PulteGroup. By analyzing PulteGroup'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 PulteGroup'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 PulteGroup specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2022 2023 2024 (projected)
Dividend Yield0.01350.0062750.006944
Price To Sales Ratio0.661.4K1.5K

PulteGroup April 24, 2024 Technical Indicators

Most technical analysis of PulteGroup 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 PulteGroup from various momentum indicators to cycle indicators. When you analyze PulteGroup 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.

PulteGroup April 24, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as PulteGroup stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether PulteGroup is a strong investment it is important to analyze PulteGroup's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PulteGroup's future performance. For an informed investment choice regarding PulteGroup Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PulteGroup. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
To learn how to invest in PulteGroup Stock, please use our How to Invest in PulteGroup guide.
Note that the PulteGroup information on this page should be used as a complementary analysis to other PulteGroup's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Complementary Tools for PulteGroup Stock analysis

When running PulteGroup's price analysis, check to measure PulteGroup'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 PulteGroup is operating at the current time. Most of PulteGroup's value examination focuses on studying past and present price action to predict the probability of PulteGroup's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PulteGroup's price. Additionally, you may evaluate how the addition of PulteGroup to your portfolios can decrease your overall portfolio volatility.
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Is PulteGroup'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 PulteGroup. If investors know PulteGroup 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 PulteGroup 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
(0.15)
Dividend Share
0.68
Earnings Share
11.72
Revenue Per Share
73.021
Quarterly Revenue Growth
(0.15)
The market value of PulteGroup is measured differently than its book value, which is the value of PulteGroup that is recorded on the company's balance sheet. Investors also form their own opinion of PulteGroup's value that differs from its market value or its book value, called intrinsic value, which is PulteGroup'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 PulteGroup's market value can be influenced by many factors that don't directly affect PulteGroup'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 PulteGroup's value and its price as these two are different measures arrived at by different means. Investors typically determine if PulteGroup is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PulteGroup'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.