Hanesbrands Stock Forecast - Daily Balance Of Power

HBI Stock  USD 8.35  0.13  1.58%   
Hanesbrands Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Hanesbrands' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of now, Hanesbrands' Inventory Turnover is increasing as compared to previous years. The Hanesbrands' current Payables Turnover is estimated to increase to 8.92, while Receivables Turnover is projected to decrease to 6.38. . The current Common Stock Shares Outstanding is estimated to decrease to about 304.8 M. The Hanesbrands' current Net Loss is estimated to increase to about (108.8 M).
Hanesbrands has current Daily Balance Of Power of 0.5652. Balance of Power indicator (or BOP) measures the strength of Hanesbrands market sensitivity to bulls and bears. It estimates the ability of Hanesbrands buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Hanesbrands Balance of Power indicator one can determine a trend of the price direction.
Check Hanesbrands VolatilityBacktest HanesbrandsInformation Ratio  

Hanesbrands Trading Date Momentum

On December 24 2024 Hanesbrands was traded for  8.35  at the closing time. Highest Hanesbrands's price during the trading hours was 8.41  and the lowest price during the day was  8.18 . The net volume was 2 M. The overall trading history on the 24th of December did not cause price change. The trading delta at closing time to current price is 1.80% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Hanesbrands

For every potential investor in Hanesbrands, whether a beginner or expert, Hanesbrands' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Hanesbrands Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Hanesbrands. Basic forecasting techniques help filter out the noise by identifying Hanesbrands' price trends.

Hanesbrands Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Hanesbrands stock to make a market-neutral strategy. Peer analysis of Hanesbrands could also be used in its relative valuation, which is a method of valuing Hanesbrands by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Hanesbrands Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Hanesbrands' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Hanesbrands' current price.

Hanesbrands Market Strength Events

Market strength indicators help investors to evaluate how Hanesbrands stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hanesbrands shares will generate the highest return on investment. By undertsting and applying Hanesbrands stock market strength indicators, traders can identify Hanesbrands entry and exit signals to maximize returns.

Hanesbrands Risk Indicators

The analysis of Hanesbrands' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Hanesbrands' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting hanesbrands stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Currently Active Assets on Macroaxis

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 Historical Fundamental Analysis of Hanesbrands to cross-verify your projections.
For more detail on how to invest in Hanesbrands Stock please use our How to Invest in Hanesbrands guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Apparel, Accessories & Luxury Goods space 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
(0.24)
Revenue Per Share
15.548
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0539
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.