Hanesbrands Stock Statistic Functions Beta

HBI Stock  USD 4.48  0.01  0.22%   
Hanesbrands statistic functions tool provides the execution environment for running the Beta function and other technical functions against Hanesbrands. Hanesbrands value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Hanesbrands statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Hanesbrands correlated with the market. If Beta is less than 0 Hanesbrands generally moves in the opposite direction as compared to the market. If Hanesbrands Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hanesbrands is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hanesbrands is generally in the same direction as the market. If Beta > 1 Hanesbrands moves generally in the same direction as, but more than the movement of the benchmark.

Hanesbrands Technical Analysis Modules

Most technical analysis of Hanesbrands 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 Hanesbrands from various momentum indicators to cycle indicators. When you analyze Hanesbrands charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Hanesbrands Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hanesbrands. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hanesbrands based on widely used predictive technical indicators. In general, we focus on analyzing Hanesbrands Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hanesbrands's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Hanesbrands's intrinsic value. In addition to deriving basic predictive indicators for Hanesbrands, we also check how macroeconomic factors affect Hanesbrands price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2016 2022 2023 2024 (projected)
Dividend Yield0.02030.0940.08460.0889
Price To Sales Ratio1.370.360.320.62
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hanesbrands' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.764.478.18
Details
Intrinsic
Valuation
LowRealHigh
0.634.348.05
Details
Naive
Forecast
LowNextHigh
0.774.488.19
Details
8 Analysts
Consensus
LowTargetHigh
4.274.695.21
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hanesbrands. Your research has to be compared to or analyzed against Hanesbrands' peers to derive any actionable benefits. When done correctly, Hanesbrands' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Hanesbrands.

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Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
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When determining whether Hanesbrands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hanesbrands' 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 Hanesbrands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hanesbrands Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hanesbrands. 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.
For more detail on how to invest in Hanesbrands Stock please use our How to Invest in Hanesbrands guide.
Note that the Hanesbrands information on this page should be used as a complementary analysis to other Hanesbrands' 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 Stocks Directory module to find actively traded stocks across global markets.

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When running Hanesbrands' price analysis, check to measure Hanesbrands' 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 Hanesbrands is operating at the current time. Most of Hanesbrands' value examination focuses on studying past and present price action to predict the probability of Hanesbrands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hanesbrands' price. Additionally, you may evaluate how the addition of Hanesbrands to your portfolios can decrease your overall portfolio volatility.
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Is Hanesbrands' 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 Hanesbrands. If investors know Hanesbrands 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 Hanesbrands 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
(0.47)
Earnings Share
(0.05)
Revenue Per Share
16.077
Quarterly Revenue Growth
(0.12)
Return On Assets
0.0374
The market value of Hanesbrands is measured differently than its book value, which is the value of Hanesbrands that is recorded on the company's balance sheet. Investors also form their own opinion of Hanesbrands' value that differs from its market value or its book value, called intrinsic value, which is Hanesbrands' 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 Hanesbrands' market value can be influenced by many factors that don't directly affect Hanesbrands' 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 Hanesbrands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hanesbrands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hanesbrands' 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.