Sally Beauty Holdings Stock Technical Analysis

SBH Stock  USD 10.56  0.25  2.42%   
As of the 18th of April 2024, Sally Beauty has the Coefficient Of Variation of (1,975), variance of 9.77, and Risk Adjusted Performance of (0.02). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sally Beauty Holdings, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We have analyzed thirteen technical drivers for Sally Beauty Holdings, which can be compared to its competition. Please validate Sally Beauty Holdings information ratio and potential upside to decide if Sally Beauty is priced more or less accurately, providing market reflects its prevalent price of 10.56 per share. Given that Sally Beauty Holdings has information ratio of (0.07), we advise you to double-check Sally Beauty Holdings's current market performance to make sure the company can sustain itself at a future point.

Sally Beauty Momentum Analysis

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

Sally Beauty Analyst Consensus

Target PriceAdvice# of Analysts
11.8Hold6Odds
Sally Beauty Holdings current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Sally 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 Sally stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Sally Beauty Holdings, talking to its executives and customers, or listening to Sally conference calls.
Sally Analyst Advice Details
Sally Beauty 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 Sally Beauty technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sally Beauty 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...

Sally Beauty Holdings Technical Analysis

Indicator
Time Period
Execute Indicator
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 Sally Beauty Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Sally Beauty Holdings Trend Analysis

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

Sally Beauty Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Sally Beauty Holdings applied against its price change over selected period. The best fit line has a slop of   0.04  , which may imply that the returns on investment in Sally Beauty Holdings will continue to fail. It has 122 observation points and a regression sum of squares at 51.23, which is the sum of squared deviations for the predicted Sally Beauty price change compared to its average price change.

About Sally Beauty 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 Sally Beauty Holdings 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 Sally Beauty Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Sally Beauty Holdings price pattern first instead of the macroeconomic environment surrounding Sally Beauty Holdings. By analyzing Sally Beauty'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 Sally Beauty'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 Sally Beauty specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2023 2024 (projected)
Inventory Turnover2.032.162.49
ROIC0.09840.130.12

Sally Beauty April 18, 2024 Technical Indicators

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

Sally Beauty April 18, 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 Sally 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 Sally Beauty Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sally Beauty'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 Sally Beauty Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sally Beauty Holdings Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sally Beauty Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Sally Beauty Holdings information on this page should be used as a complementary analysis to other Sally Beauty'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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Complementary Tools for Sally Stock analysis

When running Sally Beauty's price analysis, check to measure Sally Beauty'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 Sally Beauty is operating at the current time. Most of Sally Beauty's value examination focuses on studying past and present price action to predict the probability of Sally Beauty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sally Beauty's price. Additionally, you may evaluate how the addition of Sally Beauty to your portfolios can decrease your overall portfolio volatility.
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Is Sally Beauty'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 Sally Beauty. If investors know Sally 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 Sally Beauty 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
(0.24)
Earnings Share
1.58
Revenue Per Share
34.591
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0723
The market value of Sally Beauty Holdings is measured differently than its book value, which is the value of Sally that is recorded on the company's balance sheet. Investors also form their own opinion of Sally Beauty's value that differs from its market value or its book value, called intrinsic value, which is Sally Beauty'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 Sally Beauty's market value can be influenced by many factors that don't directly affect Sally Beauty'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 Sally Beauty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sally Beauty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sally Beauty'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.