Ppg Industries Stock Technical Analysis
| PPG Stock | USD 133.51 1.51 1.12% |
As of the 17th of April 2024, PPG Industries holds the coefficient of variation of (892.90), and Risk Adjusted Performance of (0.07). Concerning fundamental indicators, the technical analysis model allows you to check practical technical drivers of PPG Industries, 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 were able to interpolate data for thirteen technical drivers for PPG Industries, which can be compared to its competitors. Please check PPG Industries standard deviation and value at risk to decide if PPG Industries is priced more or less accurately, providing market reflects its current price of 133.51 per share. Given that PPG Industries has information ratio of (0.16), we recommend you to check out PPG Industries's recent market performance to make sure the company can sustain itself at some point in the future.
PPG Industries Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as PPG, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to PPGPPG |
PPG Industries Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 154.54 | Buy | 27 | Odds |
Most PPG 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 PPG stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of PPG Industries, talking to its executives and customers, or listening to PPG conference calls.
PPG Industries 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.
PPG Industries Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. 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 PPG Industries volatility. High ATR values indicate high volatility, and low values indicate low volatility.
PPG Industries Trend Analysis
Use this graph to draw trend lines for PPG Industries. You can use it to identify possible trend reversals for PPG Industries 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 PPG Industries price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.PPG Industries Best Fit Change Line
The following chart estimates an ordinary least squares regression model for PPG Industries 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 PPG Industries will continue to fail. It has 122 observation points and a regression sum of squares at 46.81, which is the sum of squared deviations for the predicted PPG Industries price change compared to its average price change.About PPG Industries 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 PPG Industries 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 PPG Industries based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on PPG Industries price pattern first instead of the macroeconomic environment surrounding PPG Industries. By analyzing PPG Industries'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 PPG Industries'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 PPG Industries specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0131 | 0.0192 | 0.0169 | 0.0281 | Price To Sales Ratio | 2.44 | 1.68 | 1.93 | 1.05 |
PPG Industries April 17, 2024 Technical Indicators
Most technical analysis of PPG 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 PPG from various momentum indicators to cycle indicators. When you analyze PPG 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.
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.07) | |||
| Market Risk Adjusted Performance | (0.11) | |||
| Mean Deviation | 0.9144 | |||
| Coefficient Of Variation | (892.90) | |||
| Standard Deviation | 1.13 | |||
| Variance | 1.27 | |||
| Information Ratio | (0.16) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.12) | |||
| Maximum Drawdown | 5.27 | |||
| Value At Risk | (2.06) | |||
| Potential Upside | 1.69 | |||
| Skewness | (0.26) | |||
| Kurtosis | (0.20) |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PPG Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. For more detail on how to invest in PPG Stock please use our How to Invest in PPG Industries guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for PPG Stock analysis
When running PPG Industries' price analysis, check to measure PPG Industries' 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 PPG Industries is operating at the current time. Most of PPG Industries' value examination focuses on studying past and present price action to predict the probability of PPG Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PPG Industries' price. Additionally, you may evaluate how the addition of PPG Industries to your portfolios can decrease your overall portfolio volatility.
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Is PPG Industries' 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 PPG Industries. If investors know PPG 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 PPG Industries 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 (0.62) | Dividend Share 2.54 | Earnings Share 5.35 | Revenue Per Share 77.314 | Quarterly Revenue Growth 0.039 |
The market value of PPG Industries is measured differently than its book value, which is the value of PPG that is recorded on the company's balance sheet. Investors also form their own opinion of PPG Industries' value that differs from its market value or its book value, called intrinsic value, which is PPG Industries' 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 PPG Industries' market value can be influenced by many factors that don't directly affect PPG Industries' 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 PPG Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if PPG Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PPG Industries' 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.