Benchmark Electronics Stock Technical Analysis
| BHE Stock | USD 48.19 0.54 1.13% |
As of the 22nd of November, Benchmark Electronics shows the Downside Deviation of 2.0, mean deviation of 1.68, and Risk Adjusted Performance of 0.0769. Benchmark Electronics technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Benchmark Electronics maximum drawdown, and the relationship between the information ratio and downside variance to decide if Benchmark Electronics is priced correctly, providing market reflects its regular price of 48.19 per share. Given that Benchmark Electronics has jensen alpha of (0.02), we suggest you to validate Benchmark Electronics's prevailing market performance to make sure the company can sustain itself at a future point.
Benchmark Electronics Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Benchmark, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BenchmarkBenchmark |
Benchmark Electronics Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 32.75 | Buy | 3 | Odds |
Most Benchmark 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 Benchmark stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Benchmark Electronics, talking to its executives and customers, or listening to Benchmark conference calls.
Benchmark Electronics 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.
Benchmark Electronics Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Benchmark Electronics volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Benchmark Electronics Trend Analysis
Use this graph to draw trend lines for Benchmark Electronics. You can use it to identify possible trend reversals for Benchmark Electronics 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 Benchmark Electronics price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Benchmark Electronics Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Benchmark Electronics applied against its price change over selected period. The best fit line has a slop of 0.13 , which may imply that Benchmark Electronics will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 684.56, which is the sum of squared deviations for the predicted Benchmark Electronics price change compared to its average price change.About Benchmark Electronics 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 Benchmark Electronics 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 Benchmark Electronics based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Benchmark Electronics price pattern first instead of the macroeconomic environment surrounding Benchmark Electronics. By analyzing Benchmark Electronics'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 Benchmark Electronics'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 Benchmark Electronics specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2024 (projected) | Dividend Yield | 0.0241 | 0.0247 | 0.018 | Price To Sales Ratio | 0.43 | 0.33 | 0.67 |
Benchmark Electronics November 22, 2024 Technical Indicators
Most technical analysis of Benchmark 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 Benchmark from various momentum indicators to cycle indicators. When you analyze Benchmark 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.
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0769 | |||
| Market Risk Adjusted Performance | 0.0991 | |||
| Mean Deviation | 1.68 | |||
| Semi Deviation | 1.79 | |||
| Downside Deviation | 2.0 | |||
| Coefficient Of Variation | 1087.39 | |||
| Standard Deviation | 2.37 | |||
| Variance | 5.63 | |||
| Information Ratio | 0.0458 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.0543 | |||
| Treynor Ratio | 0.0891 | |||
| Maximum Drawdown | 13.28 | |||
| Value At Risk | (3.84) | |||
| Potential Upside | 3.32 | |||
| Downside Variance | 4.02 | |||
| Semi Variance | 3.22 | |||
| Expected Short fall | (1.89) | |||
| Skewness | 1.2 | |||
| Kurtosis | 4.65 |
Complementary Tools for Benchmark Stock analysis
When running Benchmark Electronics' price analysis, check to measure Benchmark Electronics' 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 Benchmark Electronics is operating at the current time. Most of Benchmark Electronics' value examination focuses on studying past and present price action to predict the probability of Benchmark Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Benchmark Electronics' price. Additionally, you may evaluate how the addition of Benchmark Electronics to your portfolios can decrease your overall portfolio volatility.
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